641 Chester Pike - Restaurant FOR SALE


Prospect Park, PA 19076
$495,000 USD
215-816-5835
641 Chester Pike, Prospect Park, PA for Sale
$495,000 USD
Restaurant - FOR SALE
1/41
null | Request Cap Rate

641 Chester Pike
Prospect Park, PA 19076


HIGHLIGHTS

  • Turnkey restaurant with ample off-street parking

OVERVIEW

This turnkey restaurant, along with its real estate and equipment, is available for sale for $495,000. The property includes separated dining areas with seating for 133 people, a bar seating 22, a fully-equipped kitchen, and two half bathrooms. *Additionally, the parking lot across the street at 662 Chester Pike and the Delaware County (R) liquor license are available as optional purchases. **Also for sale is the adjacent property, which is a mixed-use building (fully rented), located at 643 Chester Pike, that can be purchased with the restaurant building for an additional cost of $225,000. This two-story retail building used as a restaurant that is estimated to have been originally constructed in 1952 with load bearing masonry walls and wood floor joists. We estimated the rentable area to be 4,343 square feet which includes the entire first fully finished floor. The building further includes an unfinished basement, second floor unfinished attic which were estimated to be excluded from the rentable area as well. The total gross building area is 9,509 square feet. The basement measures 4,365 square feet and is unfinished. The basement is used for mechanical equipment and storage. Storage includes three walk in freezers. There is also a small food preparation area and a half bathroom. The second floor includes three rooms used for storage and office as well as a half bathroom. Within a 1-mile radius the population is approx. 24,000 and an average House Hold Income of $125,000+.

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$114 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

C-2

APN/PARCEL ID

33-00-00161-00

ASK ABOUT THIS PROPERTY

Craig Fernsler, CCIMKW CommercialMore Info
215-816-5835

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Craig Fernsler, CCIMKW CommercialMore Info
215-816-5835

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.