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    7312-16 Castor Ave Philadelphia, PA 19152

    Sponsored
    For Sale
    $1,750,000

    Commercial Sale - PHILADELPHIA, PA

    Type:Retail
    Lot size:
    0.09 Acres
    Days on Market:
    12
    Last Refresh:
    Jan 8 at 10:06 pm

    Property Features for 7312-16 Castor Ave

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Parking
    20
    Parking features
    Parking Lot
    Lot size
    0.09 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1950
    Number of units
    2
    Building materials
    Masonry

    ReMax 2000 (215) 698-2000 [email protected]

    Listing agent Carlos Cesar (215) 698-3987 License #AB067071

    Listing date Dec 28, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Philadelphia Bar/Restaurant Opportunity

    Located in the Castor Ave Business corridor within the Rhawnhurst subdivision of Northeast Philadelphia, this commercial property offers approximately 10,672 square feet of space on the main level, suitable for a bar and restaurant business. The main level provides a versatile area for various business operations, allowing for creative layout and design possibilities to cater to diverse customer needs, from dining areas to bar setups and entertainment spaces. In addition to the main level, the establishment includes professional spaces on the second floor, which can be utilized for administrative purposes, private events, or other business-related functions. The property has a history of serving the Northeast Philadelphia communities for decades and is located in a prime location. It offers the potential for creating a vibrant and inclusive space that caters to the diverse tastes of the Northeast communities. The combination of commercial space on the main level and professional spaces on the second floor opens up possibilities for various business models and revenue streams. The property has a lot size of approximately 0.09 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Sergio’s Restaurant and Burger - Philadelphia, Montana Grill Restaurant, Cantinho da Dany, Buteco do Renato, New Color. BAR

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.06521606
    Latitude
    40.05261993

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    FAQs

    What type of property is this?
    Bar - Spacious commercial property with bar and restaurant potential.
    Where is this bar located?
    The property is located at 7312-16 Castor Ave Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - Prime location in the heart of the Castor Ave Business corridor, Rhawnhurst, Northeast Philadelphia.; - Large commercial space: Approximately 10,672 sq ft on the main level, ideal for a bar and restaurant.; - Additional professional spaces on the second floor for administrative use or private events.
    (215) 698-3987
    Request Owner's contact information
    7312-16 Castor Ave Philadelphia, PA 19152
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7312-16 Castor Ave Philadelphia, PA 19152
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