Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7909 Park Ave Elkins Park, PA 19027

    Sponsored
    For Sale
    $125,000

    BusinessOpportunity - ELKINS PARK, PA

    Type:Retail
    Lot size:
    0.17 Acres
    Days on Market:
    60
    Last Refresh:
    Feb 12 at 10:06 pm

    Property Features for 7909 Park Ave

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Parking
    20
    Parking features
    Parking Lot, On Street
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1910
    Building materials
    Brick

    We can help!

    Listing Contact
    Nelson Sinanaj
    Nelson Sinanaj

    Realty ONE Group Focus (215) 396-8117

    Listing agent Nelson Sinanaj (267) 270-0814 License #RS361115

    Listing date Dec 15, 2025

    MLS# PAMC2140428

    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.

    Learn more

    Property Insight Report

    Overview

    Profitable Restaurant Business Opportunity

    This is a package restaurant deal for a profitable and well-established Italian BYOB restaurant. The restaurant has ample seating and parking. The interior seats 30 to 40 patrons, and an outside patio provides an additional 30-plus seats. It is located in a fantastic area with untapped targeted marketing opportunities nearby. The restaurant is fully equipped with a great kitchen and storage space. There is plenty of room to expand the catering business. The restaurant is a local favorite with unique offerings and tremendous room for growth. It is an excellent opportunity for someone to take over and be part of a wonderful community. The property is situated on a 0.17-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Le Onde Ristorante ... Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Similar Places Nearby

    DeeGrace Kitchen, Around The Corner Catering

    Location Insight

    • Map
    • Local Demand
    City
    Elkins Park
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.12759
    Latitude
    40.07202

    Nearby Similar for Sale

    • $725,000
      4,355 SF

      Elkins Park Triplex with Garages

      Well-maintained triplex with multiple garages, ideal for owner-occupiers or investors.
      7301 Chestnut Ave, Elkins Park, PA 19027
      View Details
    • $469,900
      0.05 Acres

      Mixed-Use Property in Elkins Park

      Mixed-use property with commercial space and residential apartment.
      915 Jenkintown Rd, Elkins Park, PA 19027
      View Details
    • $385,000
      1,808 SF

      Elkins Park Duplex Opportunity

      Twin duplex in Elkins Park near shopping and transit.
      7208 Chestnut Ave, Elkins Park, PA 19027
      View Details
    • $238,000

      Updated Condo in Elkins Park

      Move-in ready, 2-bedroom condo with modern updates and attached garage.
      233 Township Line Rd, Elkins Park, PA 19027
      View Details
    • Contact for pricing
      1,466 SF

      Charming 3-Story Home in Elkins Park

      Charming 3-story home with 3 bedrooms, 1 bath, and desirable features.
      7728 Union Ave, Elkins Park, PA 19027
      View Details
    • Contact for pricing
      10,000 SF

      Elkins Park Commercial Property

      10,000 SF commercial property with two commercial kitchens for sale.
      7917 High School Rd, Elkins Park, PA 19027
      View Details
    • Contact for pricing

      Cheltenham Avenue Restaurant Opportunity

      Restaurant property for sale on Cheltenham Avenue, Elkins Park.
      2421 Cheltenham Ave, Elkins Park, PA 19027
      View Details
    • Contact for pricing
      11,182 SF

      Elkins Park Executive Office Suite

      Prime Office Space, 11,182 SF
      8302 Old York Rd, Elkins Park, PA 19027
      View Details

    FAQs

    What type of property is this?
    Restaurant - Well-established Italian BYOB restaurant with seating and parking.
    Where is this restaurant located?
    The property is located at 7909 Park Ave Elkins Park, PA.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - Profitable and well-established Italian BYOB restaurant.; - Ample seating: 30-40 inside, **30+ on outside patio**.; - Fantastic location with untapped targeted marketing opportunities.
    (267) 270-0814
    Request Owner's contact information
    7909 Park Ave Elkins Park, PA 19027
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7909 Park Ave
    Elkins Park, PA 19027
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    7909 Park Ave Elkins Park, PA 19027
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Nelson Sinanaj
    Nelson Sinanaj
    Real Estate License ID: RS361115
    (267) 270-0814
    Learn more
    Google sign-in failed. Please try again or use another login method.