98 Cricket Ave - Storefront Retail/Residential FOR SALE


Ardmore, PA 19003
$1,700,000 USD
215-360-3540
98 Cricket Ave, Ardmore, PA for Sale
$1,700,000 USD
Storefront Retail/Residential - FOR SALE
1/40
null | 8.15% Cap Rate

98 Cricket Ave
Ardmore, PA 19003


HIGHLIGHTS

  • Included in Sale: Real Estate, Business(s), "R" License
  • Surrounded by new residential developments
  • Turn-key operation with fixtures and equipment
  • Rental Income: Two 2-bedroom apartments; fully rented
  • Public parking for 60+ cars

OVERVIEW

KW Commercial is pleased to offer John Henry's Pub, an established and thriving bar and restaurant strategically located in the bustling center of Ardmore, Lower Merion Township, a rapidly developing area with significant new residential growth. This turnkey investment opportunity offers an inviting atmosphere with over 100 indoor seats and an outdoor patio accommodating 24. The bar is fully equipped with 16 rotating taps, while the expansive kitchen is outfitted with top-tier facilities, including a 15-ft hood, ansul system, multiple fryers, ovens, and extensive refrigeration. The property also benefits from convenient access to public parking, with over 60 spaces available nearby. Additionally, the second floor features two 2-bedroom residential apartments, each generating steady rental income. The sale includes a coveted PLCB "R" liquor license, as well as all fixtures, furniture, and equipment (FF&E), ensuring a seamless transition for the new owner. Priced at $1.7M, this outstanding opportunity encompasses the real estate, business, liquor license, and all associated assets.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$367 USD /SF

CAP RATE

8.15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

John Henry's Pub

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Bar, Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

VC

APN/PARCEL ID

40-00-13640-009

ASK ABOUT THIS PROPERTY

Beau McGettiganKW Commercial | Philadelphia Suburban WestMore Info
215-360-3540

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Beau McGettiganKW Commercial | Philadelphia Suburban WestMore Info
215-360-3540

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