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McKeesport Tavern + Real Estate


If you’ve ever wanted to try your hand at running the local tavern and you’d benefit from some extra income from 2 apartments (with current tenants), this McKeesport property is for you. Herb’s Place (formerly Cherry Lane) has been the neighborhood tavern in McKeesport since 1996 and is outfitted with a workable kitchen, roomy bar, additional seating area, and pool table. Attached to the property is a Duplex house with two apartments (that each have two bedrooms) for an additional revenue stream.

The kitchen and bar are fully outfitted with everything you need to run this establishment including the following:

Kitchen: 3 bowl sink, two burner stove, char grill, fryer, microwave, refrigerator and freezer (two separate units) and various dishes, pots and pans and flatware.
Bar area: upright cooler, new 3 section bottle cooler (approximately 9 feet in length), Under bar ice maker, glass washing sink a working draught system, bar with room for 20 stools, two tall tables, 24 stools, two-color flat-screen TV’s, cash register, three booths with seats, draught glasses, and shot glasses.

The Numbers
Price: $160,000
Property valued at $80,000
Allegheny Liquor License valued at $80,000
Can be sold separately
Gross revenue: Approx $200,000
Seating: 30
Square Feet: 1,575

Listing Features
FF&E Included
Only establishment in the area with local regulars
Reason for Selling: Retirement
Year Established: 1996

Listed By: Matthew J. Burek

Background information

Reference:

20-050

Year established:

1996

Reason selling:

Retirement

Finance

Sales:

$200,000

Operations

Equipment:

$0

Premises

Facility:

Outfitted with a workable kitchen, roomy bar, additional seating area, and pool table. Attached to the property is a Duplex house with two apartments (that each have two bedrooms) for an additional revenue stream.

Location:

McKeesport, PA

Price and terms

Price:

$160,000