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1617 Banksville Rd
Pittsburgh, PA 15216
GAETANO RESTAURANT · Retail Property For Sale

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EXECUTIVE SUMMARY

Development Opportunity or Stand alone Fully equipped turn-key Banquet / Restaurant facility for LEASE! Minutes from Downtown, in the Parkway West Corridor, this Highly Successful Banquet Center is still operating & booking events, providing a unique opportunity to stand on the shoulders of success. This property is filled with opportunity with over 12,210 Sq ft of Rentable Square Feet. The current layout has a fully
equipped kitchen, 3 large spaces, & a large welcoming 2 story lobby providing great flex space for cocktail hours. The large
main ballroom has seating for approx 250, the 2nd space has a lounge/bar area with seating for 50, & the 2nd floor ballroom
has street level access & seating for approx 120. Take advantage of this Route 19 / Banksville Rd location with over 12, 000
daily vehicles. Located close to major city attractions & several area hotels provides a near perfect location for your guests &
employees. Lease is a NNN lease. Purchase Price is for 1597 Banksville, 1617 Banksville, Equipment, personal property, & liquor license, & Assemblage of Properties.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
20,000 SF
Building Class
C
Year Built
1950
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.88
Lot Size
0.52 AC
Zoning
HC - HC - Highway Commercial District
Parking
48 Spaces (3.93 Spaces per 1,000 SF Leased)
Frontage
180’ on Banksville Rd

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Conferencing Facility
  • Corner Lot
  • Freeway Visibility
  • Restaurant
  • Storage Space
  • Monument Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0035-E-00186-0000-00
  • 0035-E-00183-0000-00
  • 0035-E-00184-0000-00
Land Assessment
$92,400
Improvements Assessment
$480,500
Total Assessment
$572,900
  • Listing ID: 25894032

  • Date on Market: 6/9/2022

  • Last Updated:

  • Address: 1617 Banksville Rd, Pittsburgh, PA 15216

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