8101-8111 Roosevelt Blvd - Restaurant FOR SALE


Philadelphia, PA 19152
$5,900,000 USD
908-938-7638
8101-8111 Roosevelt Blvd, Philadelphia, PA for Sale
$5,900,000 USD
Restaurant - FOR SALE
1/6
null | Request Cap Rate

8101-8111 Roosevelt Blvd
Philadelphia, PA 19152


HIGHLIGHTS

  • Two parcel sale: 8101-8111 Roosevelt Boulevard and 8102-8130 Fairfield St
  • Combined lot size of 1.86 acres
  • Close proximity to major hospital systems; well positioned for an MOB or healthcare focused development
  • Existing business and its brand are not included in the sale, a liquor license associated with the property is available for purchase

OVERVIEW

Located along the bustling Roosevelt Boulevard corridor in Northeast Philadelphia, this prime commercial property offers exceptional visibility and flexibility under its commercial mixed-use zoning designation. Ideally positioned on a prominent thoroughfare, the property benefits from excellent accessibility and exposure. The surrounding area features a dynamic mix of retail establishments, dining options, and residential neighborhoods, contributing to a thriving local economy. Currently, the site houses a well-established restaurant with a rich history of serving the community since 1983. The existing structure includes a 340-seat dining room, enhanced by a major renovation. While the business and its brand are not included in the sale, a liquor license associated with the property is available for purchase, offering added value to potential buyers. The sale includes two contiguous parcels with a combined land size of approximately 1.86 acres (81,118 square feet), presenting a unique opportunity for redevelopment or continued use. This property is ideal for investors or businesses seeking to capitalize on the high-traffic location and vibrant commercial environment.

FOR SALE DETAILS

PRICE

$5,900,000 USD

PRICE/SF

$496 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.86 AC

LAND SF

81,022 SF

ZONING

CMX-2

APN/PARCEL ID

882154600,882154616

ASK ABOUT THIS PROPERTY

Tommy ChoiGreenwood Commercial Real EstateMore Info
908-938-7638

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Tommy ChoiGreenwood Commercial Real EstateMore Info
908-938-7638

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