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Investment Highlights
- Fully renovated, turnkey restaurant with multiple dining areas, banquet space, rooftop patio, and two commercial kitchens across three levels.
- Flexible third-floor open space & high seating capacity support events, dining, and operational versatility within a professionally updated building.
Executive Summary
RARE INVESTMENT AND BUSINESS OPPORTUNITY ! Welcome to this completely renovated 7,000+ sq. ft. commercial property, where historic charm meets modern functionality. Formerly known as the iconic Addison House, this exceptional mansion built in 1850, has been thoughtfully transformed into a turnkey restaurant and event venue, ready for immediate operation. The main level showcases a welcoming full-service barista bar, additional café-style seating for approximately 25 guests, and a spacious main dining room with seating for approximately 60 guests, making it ideal for everyday dining, private parties, and large group functions. Also featured on this level are a convenient server station, two ADA-compliant restrooms, and a fully equipped, beautifully renovated commercial kitchen. The second floor expands the income-producing possibilities with a generous banquet room accommodating approximately 40 guests, a highly sought-after rooftop patio, two additional flexible-use rooms, a second kitchen, and an additional restroom—perfect for weddings, showers, corporate events, and private dining experiences. The third floor offers a large open space ready to be customized to suit your business vision, whether for expanded event space, office suites, entertainment space, or additional revenue-generating opportunities. The remodeled basement adds tremendous value with ample space for food preparation, cold and dry storage, and operational support. Boasting outstanding curb appeal, timeless architectural character, and a well-established presence, this landmark property is a destination spot as well as attracting customers from Leechburg and the surrounding communities. A truly unique opportunity to own a landmark commercial property with endless possibilities for dining, events, and future growth.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,000 SF
Building Class
C
Year Built
1850
Price
$485,000
Price Per SF
$69.29
Tenancy
Single
Building Height
3 Stories
Building FAR
2.13
Lot Size
0.08 AC
Zoning
B1
Parking
15 Spaces (2.14 Spaces per 1,000 SF Leased)
Frontage
55’ on 1st St
Moderately walkable
60/100
Very drivable
80/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 26-0-016989 | Improvements Assessment | $31,390 |
| Land Assessment | $34,280 | Total Assessment | $65,670 |
Property Taxes
Parcel Number
26-0-016989
Land Assessment
$34,280
Improvements Assessment
$31,390
Total Assessment
$65,670
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Addison House | 85 1st St
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