Bar and Restaurant
For Sale
$1,700,000
7312-16 CASTOR Avenue, Philadelphia, PA 19152
Commercial Sale - PHILADELPHIA, PA
Property Size10,672 SF
Lot Size0.09 Acres
Price / SF$159.30
Days on Market62
Property Features for 7312-16 CASTOR Avenue
General Information
Property type
Other
Property subtype
Retail
Parking
20
Parking features
Parking Lot
Subdivision
RHAWNHURST
Elementary school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district
THE SCHOOL DISTRICT OF PHILADELPHIA
High school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status
Active
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
16542
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1950
Number of units
2
Building materials
Masonry
Listing Agency:
RE/MAX 2000 · RE/MAX International
(215) 698-2000
Listed By:
Carlos Cesar · License #AB067071
(215) 698-3987
Added: Jun 4
Changed: Jun 9
Last Checked: Aug 4 at 6:06PM
MLS# PAPH2630316
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
For sale: a multi-level bar and restaurant building at 7312-16 Castor Avenue in Philadelphia. The property is offered as real estate only and includes approximately 10,672 square feet of commercial space on the main level, with additional professional spaces on the second floor. The layout is designed to support a bar and restaurant operation, with room to organize dining and bar-focused areas on the primary level and to use the upper floor for business-related functions.
The building is positioned in the Castor Ave business corridor within the Rhawnhurst section of Northeast Philadelphia. The listing notes a separate property next door at 7318 Castor Avenue is available for sale either separately or as a package. Please do not approach tenant or staff with questions regarding the sale.
The property sits on a lot size of 0.0888 acres and is being presented for buyers seeking an established, real-estate-only acquisition with multi-level operating space.
The building is positioned in the Castor Ave business corridor within the Rhawnhurst section of Northeast Philadelphia. The listing notes a separate property next door at 7318 Castor Avenue is available for sale either separately or as a package. Please do not approach tenant or staff with questions regarding the sale.
The property sits on a lot size of 0.0888 acres and is being presented for buyers seeking an established, real-estate-only acquisition with multi-level operating space.
Key Highlights
- Commercial property with approximately 10,672 SF of space on the main level for bar and restaurant use
- Includes additional professional space on the second floor for administration, private events, or other business functions
- Masonry construction with forced‑air heating and central air
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $224.1k | $21.00 |
| − Vacancy | −$17.9k | −$1.68 |
| EGI | $206.2k | $19.32 |
| − OpEx | −$51.5k | −$4.83 |
| NOI | $154.6k | $14.49 |
10,672 SF · lease $21.00/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.21M
$1.93M – $2.58M
NOI $154,637 @ 7.0% cap · market cap 9.10%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$2.60M
$2.28M – $3.04M
NOI $182,117 @ 7.0% cap · market cap 10.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,492
Businesses Nearby
487k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 29%
Dining 27%
Superstores 25%
Groceries 11%
Target
Superstores
122,938 visits/mo
0.3 miles
ACME Markets
Groceries
51,213 visits/mo
0.2 miles
Wendy's
Dining
33,739 visits/mo
0.4 miles
Dollar Tree
Shops & Services
31,913 visits/mo
0.2 miles
Wawa
Shops & Services
23,947 visits/mo
0.5 miles
Demographics for 19152, PA
35,911
Population
13,715
Households
2.6
Avg Household Size
41
Median Age
28%
College-Educated
88%
High-School Grad
2.9 sq mi
ZIP Area
12,383
Density / Sq Mi
$57,966
Median Household Income
$40,428
Median Earnings
$1,236
Median Rent
$270,000
Median Home Value
Market
Vacancy Rate% for Retail in Philadelphia, PA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Sergio’s Restaurant and Burger - Philadelphia — 6905 Castor Ave, Philadelphia, PA 19149
- Montana Grill Restaurant — 1502 Unruh Ave, Philadelphia, PA 19111
- Cantinho da Dany — 1424 Unruh Ave, Philadelphia, PA 19111
- Buteco do Renato — 7108 Kindred St, Philadelphia, PA 19149
- New Color. BAR — 6734 Castor Ave, Philadelphia, PA 19149
Frequently Asked Questions
What type of property is this?
Bar & Pub - Multi-level bar and restaurant building with main-level commercial space and professional second-floor areas.
Where is this bar & pub located?
The property is located at 7312-16 CASTOR Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Commercial property with approximately 10,672 SF of space on the main level for bar and restaurant use; Includes additional professional space on the second floor for administration, private events, or other business functions; Masonry construction with forced‑air heating and central air
