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15447909
15447910

608 Washington Ave, Bridgeville, PA 15017

AD
PA # rs327725
RE/MAX Select Realty
Listed by RE/MAX Select Realty
$1,000,000
815 days on market
Updated 59 days ago

608 Washington Ave

Details
APN 0255-N-00058-0000-00
Property Type Mixed Use, Retail
Sub Type Bar
Square Footage 4,812
Units 5
Cap Rate 5.94%
NOI $59,382
Occupancy 100%
Price per SqFt $208
Broker Co-Op Yes
Class B
Year Renovated 2022
Buildings 1
Stories 2
Lot Size (SqFt) 6,000
Investment Type Stabilized
Ownership Ronald and Kathleen Longo

Mixed Use | 5.94% CAP | 4,812 SqFt

Marketing description

Nestled in the heart of Bridgeville, this exceptional property offers a unique investment opportunity that blends retail and residential spaces seamlessly. At the ground level, the popular Crafty Jackalope restaurant and bar occupies a spacious and well-appointed area, drawing locals and visitors alike with its inviting atmosphere and diverse menu. This bustling establishment not only provides a steady flow of patrons but also establishes a lively community hub within the building. Above the retail space, the property features four residential units, each offering comfortable living spaces. The apartments present a versatile opportunity for generating additional income, complementing the commercial activity below.

The combination of a reputable, income-generating commercial tenant and multiple residential units makes this property a compelling proposition for investors focused on cash flow and CAP rate. With its strategic location on Washington Pike the property benefits from high visibility and accessibility, enhancing its attractiveness to both commercial and residential occupants. This unique mix-use property represents not just an investment in real estate but an investment in a lively community, promising both immediate returns and long-term value growth. Whether you're looking to expand your portfolio or seeking a standout property with diverse income streams, 608 Washington Pike offers an unparalleled opportunity in Bridgeville.

Investment highlights

Fully leased mixed-use property

Popular restaurant tenant onsite

Four residential rental units

High-visibility Bridgeville location

Strong cash flow potential

Listing Contacts

AD
PA # rs327725
RE/MAX Select Realty
Listed by RE/MAX Select Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$59,382.00
$4,948.50/mo

Valuation Metrics

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DSCR
5.94%
Cap Rate
5.94%
ROI

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