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609 Ann St 3,000 SF 100% Leased Retail Building Homestead, PA 15120 $1,105,496 CAD ($368.50 CAD/SF) 4.66% Cap Rate
Executive Summary
Entire 5,500 SF Building for sale or 3,000 SF renovated brewery/restaurant waiting for new owner or lessee for final build out. ADA and Occupancy ready with 500 SF renovated patio space. Three apartments on 2nd floor are updated and fully occupied with $2,400 a month income and a potential brewery tenant for $700 a month. Close to Homestead Waterfront. Your chance to be a part of the growing Homestead Business District.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$3,339
|
$1.11
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$3,339
|
$1.11
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $3,339 |
| Annual Per SF | $1.11 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $3,339 |
| Annual Per SF | $1.11 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Building Size
3,000 SF
Building Class
C
Year Built/Renovated
1900/2025
Price
$1,105,496 CAD
Price Per SF
$368.50 CAD
Cap Rate
4.66%
NOI
$51,470 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.98
Lot Size
0.07 AC
Zoning
C1/R1 - First floor commercial restaurant space with three occupied residential apartments on second floor.
Frontage
25’ on Ann St
Amenities
- Restaurant
- Wheelchair Accessible
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Cornelious Melvin J
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Cornelious Melvin J | - | - | - | - |
Fairly walkable
50/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0130-K-00137-0000-00 | Improvements Assessment | $104,877 CAD (2026) |
| Land Assessment | $25,735 CAD (2026) | Total Assessment | $130,612 CAD (2026) |
Property Taxes
Parcel Number
0130-K-00137-0000-00
Land Assessment
$25,735 CAD (2026)
Improvements Assessment
$104,877 CAD (2026)
Total Assessment
$130,612 CAD (2026)
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609 Ann St
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