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1924 E Carson St 11,000 SF 59% Leased Retail Building Pittsburgh, PA 15203 $1,295,000 ($117.73/SF)

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Investment Highlights

Owner Operator or Investment Opportunity
Desirable Southside Location
20 taps at the 1st floor bar

Sale offering includes real estate, liquor license and all FF&E.
1st floor bar/restaurant, 2nd floor bar & kitchen for events, and 3rd floor apartment/office
Restrooms on every floor

Executive Summary

SVN | Three Rivers Commercial Advisors is pleased to present for sale a bar/restaurant opportunity located at 1924 E Carson St. For the last two decades the three story building has operated as a bar/restaurant. While the basement is mostly unfinished with concrete floor, stone and concrete block walls, and exposed ceiling it does contain 4 walk-in coolers, office, storage area and lastly a prep kitchen. The street level first floor opens to the bar/lounge area, dining area, and the kitchen in the rear. The dining space has tile flooring and exposed brick walls. The kitchen is equipped with stainless steel equipment, included in the sale. The second floor holds a large open banquet area with its own bar and kitchen to cater to large parties. Lastly, the third floor is a 2 unit apartment. Well maintained property with great value-add potential. Being Sold AS IS.

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Restaurant

Building Size

11,000 SF

Building Class

Year Built

1900

Price

$1,295,000

Price Per SF

$117.73

Percent Leased

59%

Tenancy

Multiple

Building Height

3 Stories

Building FAR

2.53

Lot Size

0.10 AC

Zoning

RESTAURANT, CAFET AND/OR

Frontage

24’ on Carson St

Bus Line

Restaurant

Signage

Space Availability

Space
Size
Space Use
Position
Available

1st Floor
4,500 SF
Restaurant
-
Now

- 4,500 SF of Second Generation Restaurant Space - Ample Seating with flexible space planning options - High Visibility and foot traffic along e Carson St in the South Side neighborhood of Pittsburgh - Fully equipped kitchen with walk-in freezer and cooler - Surface lot parking available - Strong daytime demographics