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624 North Ave 500 sq ft Retail Property Pittsburgh, PA 15209 £314,895 (£629.79/sq ft)

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INVESTMENT HIGHLIGHTS

  • Very close to Highways and Downtown Pittsburgh. All equipment is new
  • Plan is open
  • Tons of natural light huge windows.

EXECUTIVE SUMMARY

Completely Renovated Facility: This property has been fully updated, including a state-of-the-art, commissary-style kitchen outfitted with modern equipment and safety features. The property is fully compliant with municipal and city codes, and also holds Allegheny County clearances.
Service Windows and Drive-Through Capability: With intact service windows, this setup is perfect for businesses catering to food trucks, drive-through service, or even walk-up orders.
Convenient On-Site Parking: A spacious parking lot accompanies the building, offering a rare and valuable asset in the Millvale area.
Turnkey Investment with Income Potential: With three current food-prep tenants, this property is generating income from day one, making it ideal for an entrepreneur looking to expand or diversify their business portfolio.
Flexibility for Various Food Concepts: The well-equipped commissary kitchen provides ample opportunities for a variety of uses. Whether the buyer envisions a public-facing café, a delivery-based ghost kitchen, or maintaining it as a food prep and storage hub, this property adapts to multiple business models.
Strategic Location: Located in the bustling Millvale area, the property benefits from nearby traffic and accessibility, making it a convenient choice for both clients and potential employees.

This is an ideal commercial kitchen property for the forward-thinking food entrepreneur. The property has all brand new equipment, complete with updated kitchen, ansul hood, 3-phase electric and a layout designed to accommodate high-efficiency food preparation, storage, and service. Water-tight shipping container on lot is included, with contents ranging from high-end commercial grade tools to everyday use items. Featuring a secure, steel commercial door with a self-locking mechanism and panic bar for both convenience and safety, the building provides peace of mind while maintaining accessibility for staff and clients. Its large drive-through parking lot is a unique asset in Millvale, allowing flexibility for customers and business operations. Ready to step into ownership with built-in revenue streams and versatile business potential? This fully-equipped kitchen property in Millvale awaits its next innovative owner.

PROPERTY FACTS Under Offer

Sale Type
Investment or Owner Occupier
Property Type
Retail
Property Subtype
Fast Food
Property Size
500 sq ft
Costar Property Class
C
Year Built
1996
Price
£314,895
Price per sq ft
£629.79
Tenancy
Single
Number of Floors
1
Plot ratio
0.08
Total Plot Size
0.15 ac
Use Class
Commercial - commercial
Parking
15 Spaces (30 Spaces per 1,000 sq ft Leased)
Frontage
30 ft on Evergreen Rd

AMENITIES

  • Restaurant
  • Drive Thru
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • sq ft OCCUPIED
  • RENT/sq ft
  • LEASE END
  • Kilimanjaro Flavour
  • Accommodation and Food Services
  • -
  • -
  • -
TENANT INDUSTRY sq ft OCCUPIED RENT/sq ft LEASE END
Kilimanjaro Flavour Accommodation and Food Services - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0118-L-00094-0000-00
Land Assessment
£10,987
Improvements Assessment
£135,186
Total Assessment
£146,173
  • Listing ID: 33760569

  • Date on Market: 15/05/2023

  • Last Updated:

  • Address: 624 North Ave, Pittsburgh, PA 15209

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