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1456 Lincoln Hwy 2,556 SF Retail Building North Versailles, PA 15137 $1,661,892 CAD ($650.19 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Great location.

EXECUTIVE SUMMARY

The disposition of the property may be in one of two ways: Option 1. To sell the real estate, including the land, building, and any improvements on the land, the business DTM Lincoln, Inc. DBA Drew Menas Restaurant and Lounge including the liquor license, all furniture and fixtures, and all stock, excluding the coffee maker and dishwasher as those items are leased, for a sales price of $1,200,000.00. The name of the restaurant would have to be changed upon sale per seller since that is his legal name. Option 2. To sell the business DTM, Lincoln, Inc. including the liquor license, bar equipment, furniture and fixtures, and all stock for $550,000, excluding the coffee maker and dishwasher as those items are leased, and a triple net lease of the building and land for $4000.00 per month with a first option to buy the real estate at a future date for $675,000. The name of the business would have to be changed upon sale per seller since that is his legal name.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,556 SF
Building Class
C
Year Built
1986
Price
$1,661,892 CAD
Price Per SF
$650.19 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.16 AC
Opportunity Zone
Yes
Zoning
c - Commercial Mixed Use and being used as a restaurant and lounge.
Parking
56 Spaces (21.91 Spaces per 1,000 SF Leased)
Frontage
189’ on Lincoln Hwy

AMENITIES

  • Corner Lot
  • Restaurant
  • Tenant Controlled HVAC
  • Air Conditioning

ABOUT 1456 LINCOLN HWY , NORTH VERSAILLES, PA 15137

Well maintained restaurant and lounge with a track record of strong financial performance with consistent revenue growth and healthy profit margins. It represents a solid reliable investment. The financials demonstrate the businesses ability to generate a substantial and steady income. Ownership has focused on high quality food and friendly service to nurture its' deeply loyal customer base.

NEARBY MAJOR RETAILERS

Denny's
Claim Jumper Steakhouse & Bar
Rock Bottom Restaurant & Brewery

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0645-B-00021-0000-00
Land Assessment
$244,254 CAD (2025)
Improvements Assessment
$176,733 CAD (2025)
Total Assessment
$420,988 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 32477665

  • Date on Market: 2024-07-16

  • Last Updated:

  • Address: 1456 Lincoln Hwy, North Versailles, PA 15137

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