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    Wyomissing, PA
    Conventional Restaurant

    Wyomissing, PA Conventional Restaurants for Sale

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    West Lawn, PA Sinking Spring, PA Shillington, PA Mohnton, PA Hazleton, PA Wernersville, PA Leesport, PA Muhlenberg Township, PA
    Retail
    Updated: Feb 14, 2024
    Retail

    Penn Ave, Wyomissing, PA 19610

    $320,000
    2,950 sqft
    Established Chinese restaurant with over 30 years of success.
    Proven profitability with a gross annual income exceeding $700,000.
    Includes a liquor license, enhancing revenue potential.
    Turnkey operation: fully equipped and ready for immediate operation.
    Documented financials available upon signing an NDA.
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    This listing looks promising.

    Here's a quick look at some key insights for

    Penn Ave, Wyomissing, PA 19610

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    • Est. Cap Rate

      9.2%
      Above avg (5.9%)

    • Est. NOI

      $29K
      Annual

    • Price @ 7% Cap

      $419K
      Above asking

    • Last Sold

      Dec 2023
      $700K
    View Property Analytics
    Turnkey Chinese Restaurant for Sale
    Updated: Feb 15, 2024
    Turnkey Chinese Restaurant for Sale

    900 PENN Avenue, Wyomissing, PA 19610

    $320,000
    0.50 AC lot
    Chinese restaurant with over 30 years of established success at the same location in Wyomissing, PA (Berks County).
    Steady gross income reported at over $700,000 annually.
    Fully equipped, operational restaurant ready to continue business; kitchen equipment and dining furniture included.
    Liquor license available to expand beverage offerings and revenue potential.
    Central forced‑air heating and brick construction; Year built: 2024.
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Wyomissing, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Inn and Restaurant Property
    Historic Inn and Restaurant Property

    Mertztown, PA 19539

    $595,000
    11,000 sqft 5.59 AC lot

    Circa 1770 stone building with restaurant kitchen, multiple dining areas, and upstairs guest rooms on over five acres.

    View details
    Four-Unit Retail and Restaurant Building
    Four-Unit Retail and Restaurant Building

    1130 STATE ROUTE 72 N, Lebanon, PA 17046

    $595,000
    5,470 sqft

    Four commercial units with on-site parking for about 25 vehicles and a tenant mix that includes food service.

    View details
    Turnkey Restaurant with Liquor License
    Turnkey Restaurant with Liquor License

    123 Cumberland Street, Lebanon, PA 17042

    $1,100,000
    2,500 sqft

    Restaurant for sale with FF&E, liquor license, and real estate.

    View details
    Operational Bar & Restaurant Inn
    Operational Bar & Restaurant Inn

    Mertztown, PA 19539

    $569,000

    Operational inn with an updated full kitchen, bar and restaurant seating, plus outside seating.

    View details

    Wyomissing, PA Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Wyomissing, PA on our real estate platform. These investment opportunities span a total of 2,950 square feet of properties for sale, with an estimated market value of $320,000.

    Sale prices for conventional restaurants in Wyomissing, PA start at $320,000, averaging $320,000, and reaching up to $320,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2
    Coffee shops 1

    Demographics Overview

    Population 16K
    Population Growth (5Y) +5.1%
    Median Household Income $91,034
    College Educated 78.6%

    High-Yield Neighborhoods for Investment

    Identify Wyomissing submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Reading - 19610 $320K

    Listings Trend

    New vs delisted commercial listings in Berks County

    New Delisted

    Total CRE Inventory on Market (SF)

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    NAI Keystone Commercial & Industrial, LLC
    Wyomissing, PA 19610
    naikeystone.com/

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