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Restaurant Opportunity in Philadelphia, PA

80 FRANKLIN MILLS Boulevard Philadelphia, PA 19154

80 FRANKLIN MILLS Boulevard, Philadelphia, PA, 19154
$2,990,000
For Sale
Claim this Listing
$2,990,000

Commercial Sale - PHILADELPHIA, PA

Property Size6,495 SF
Lot Size1.77 Acres
Price / SF$460.35
AddedMar 30
Days on Market108
Last RefreshJul 15 at 9:06 am

Property Features for 80 FRANKLIN MILLS Boulevard

General Information

Property type
Other
Property subtype
Retail
Parking
170
Parking features
Parking Lot, Special Needs
Standard status
Active
Size
6,495 SF
Lot size
1.77 Acres

Taxes and HOA fees

Tax Annual Amount
28748

Building Details

Year built
1985
Building materials
Masonry

Listing agent Veronica Gintel Blum License #RS290724

Listing office Mallin Panchelli Nadel Realty Inc 1601 Walnut Street unit: 900, Philadelphia, PA

Listing date Mar 30, 2026

MLS# PAPH2601192

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.

This commercial property, suitable for a bar or restaurant, is located in Philadelphia, PA. The lot spans 77,102 square feet (1.77 acres), with dimensions of 309 feet by 247 feet. The building has a total area of 6,495 square feet and includes a fully fit-out restaurant with a newly restored kitchen. The property features one 22-foot hood system and five additional ductwork runs to the roof for potential add-on hoods. The power supply is a 3-phase 208V setup with five separate panels, three of which are active with 250A, 250A, and 100A, with additional capacity available. HVAC systems include one 12-ton unit and one 10-ton unit. There are 170 parking spaces available. The property has 309 feet of frontage on Franklin Mills Boulevard and 247 feet on Woodhaven Road. It is zoned CA-1, Auto-Oriented Commercial, with legal use for a bar or restaurant. The real estate tax assessment for 2026 is $2,053,700, with real estate taxes for 2026 totaling $28,748.

Key Highlights

  • Fully fit out restaurant with newly restored kitchen and a 22' hood system.
  • Large parking lot with 170 spaces.
  • Prime frontage: 309' on Franklin Mills Blvd and 247' on Woodhaven Rd.

Local 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 $136.4k $21.00
− Vacancy −$10.9k −$1.68
EGI $125.5k $19.32
− OpEx −$31.4k −$4.83
NOI $94.1k $14.49
6,495 SF · lease $21.00/SF/yr · vacancy 8.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.34M
$1.18M – $1.57M (±1% cap)
NOI $94,113 @ 7.0% cap · market cap 3.15%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.58M
$1.39M – $1.85M (±1% cap)
NOI $110,836 @ 7.0% cap · market cap 3.71%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Real Estate Agency Law Firm Building Supply Restaurant Dental Office Auto Repair Shop Big Box & Wholesale Store Spa & Massage Center Auto Parts Store Hair Salon

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

FAQs

What type of property is this?
Conventional restaurant - Restaurant with 170 parking spaces on 1.77 acres.
Where is this conventional restaurant located?
The property is located at 80 FRANKLIN MILLS Boulevard Philadelphia, PA.
What is the asking price?
The asking price for this property is $2,990,000.
What are key features of this property?
This property features: Fully fit out restaurant with newly restored kitchen and a **22' hood system**.; **Large parking lot with 170 spaces**.; Prime frontage: 309' on Franklin Mills Blvd and 247' on Woodhaven Rd.
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