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Investment Highlights

  • Bar, Restaurant, 16 room Hotel building in one 3 story building with 4950 sq ft space
  • Hotel building has new windows, updated plumbing, 3 hot water tanks, 3 new furnaces with duct work and A/C ready hookups
  • New 7.5 ft Hood with Ansul Fire Suppression System in kitchen and 3 Bowl Stainless Steel Sink in Kitchen
  • Tenant Occupied Duplex Apartment - 1 Bedroom unit and a 2 Bedroom Unit
  • Fire system throughout including fireproof entry doors with appropriate exit signs
  • Minutes to Downtown Pittsburgh, Rivers Casino in North Shore and Airport

Executive Summary

Invest in this property that includes a bar, restaurant and 16 room 3 story hotel and 2 apartments in a tenant occupied duplex! Owner has renovated many parts of the hotel building! It has new windows, updated plumbing, 3 new hot water tanks, 3 new furnaces with duct work and A/C ready hookups. It has a fire system throughout including fireproof entry doors with appropriate exit signs, commercial kitchen has a new stainless steel 7.5 ft hood with ansul fire suppression system and 3 bowl stainless steel sink, and grease trap. The bar has bar counter and stools and bar amenities. This building is waiting for your finishing renovations to get it into operation! Hotel Liquor license easily obtained. Tenant occupied duplex is on the same parcel - one bedroom unit and a 2 bedroom unit. New roof on the duplex. Tenants are month-to month. Old garage in the back of the duplex. Use this as a hotel or an AirBnB! Bus stop hut across the street, street parking available. Minutes to Downtown Pittsburgh, Rivers Casino in North Shore and Airport.

Financial Summary (Actual - 2024)

Annual (CAD) Annual Per SF (CAD)
Taxes $1,797 $0.27
Operating Expenses - -
Total Expenses $1,797 $0.27

Financial Summary (Actual - 2024)

Taxes (CAD)
Annual $1,797
Annual Per SF $0.27
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $1,797
Annual Per SF $0.27

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,600 SF
Building Class
C
Year Built
1920
Price
$248,050 CAD
Price Per SF
$37.58 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.17
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial - Bar
Parking
5 Spaces (0.76 Spaces per 1,000 SF Leased)
Frontage
25’ on Island Ave

Amenities

  • Bus Line
  • Corner Lot
  • Restaurant
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Rent-A-Center
PNC Bank
KeyBank
Chase Bank

Property Taxes

Property Taxes

Parcel Number
0074-J-00091-0000-00
Land Assessment
$25,372 CAD (2026)
Improvements Assessment
$17,293 CAD (2026)
Total Assessment
$42,665 CAD (2026)
Annual Taxes
$1,797 CAD ($0.27 CAD/SF)
Tax Year
2024
  • Listing ID: 32559367

  • Date on Market: 2024-07-23

  • Last Updated:

  • Address: 900 Island Ave, McKees Rocks, PA 15136

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