Rare full-block mixed-use investment near the McKees Rocks Bridge, minutes from Downtown Pittsburgh. This 1930 brick building offers 11 rentable spaces: 8 upper-level apartments (seven 2-bed, one 3-bed), two ground-floor event spaces of approx. 1,200 SF each, and an approx. 1,500 SF deli/storefront with refrigerated coolers and a commercial freezer. New roof in 2016. One event space is currently leased at $1,500/mo; apartments are pending renovation and lease-up, and the second event space needs rehab. Projected stabilized income of approx. $13,300/mo ($159,600/yr) excluding the second event space, with significant upside. Long history as a social hall and restaurant. Sold AS-IS; buyer to perform all due diligence and verify all figures.
Welcome to this solid brick mixed-use building with a long life as a social hall, restaurant, and successful multi-unit apartment building situated as its own full block just off of the McKees Rocks bridge, all just minutes away from Downtown Pittsburgh. Zoned with residential apartments upstairs, currently 8 apartment units on upper level with potential for full rehab as 18-20 apartment units across both floors. Unbelievable scope of space with a new 8,200 sq ft roof installed in 2016, units have separate meters for utilities and had been rented at capacity until a fire several years ago affected some units. Half have been demo'd and cleaned out for renovation. Ground level currently used as long-running convenience store/deli in the loving care of one family for several decades, also includes unused office/commercial spaces & large warehouse storage space in property. Incredible potential in the heart of McKees Rocks Opportunity Investment Zone with tax incentives for buyers.
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Multi-Family (5+ Unit)
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Allegheny County
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Last updated by owner on Oct 24, 2022.
Historical weather
McKees Rocks, PA • 15136
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Sun exposure
In this area, properties receive around 8 hours in
June and 2.2 hours in December, placing it below the
U.S. average for solar exposure.
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Redfin Estimate for 373 Munson Ave
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