Remodeled Restaurant in Abington, PA

ABINGTON, PA 19001 Abington, PA 19001

Claim this Listing
For Sale
$550,000

SINGLE_FAMILY - ABINGTON, PA

Property size:
2,450 SF
Price / SF:
$224/SF
Added:
Dec 3, 2025
Days on Market:
219
Last Refresh:
Jul 10 at 9:06 pm

Property Features

General Information

Property type
Residential
Property subtype
Other
Standard status
Active
Size
2,450 SF

Building Details

Year built
1944

Listing agent Stephen Darlington License #AB-047707L

Listing office BHHS Fox & Roach New Hope PA

Listing date Dec 3, 2025

MLS# PAMC2162970

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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 completely remodeled and renovated restaurant is situated in a densely populated suburban Philadelphia area. The property, currently tenant-occupied, features updated major mechanical systems, newer kitchen equipment, and a new interior finish from 2018, including tables, chairs, and lights. A sleek, modernist-style front bar area complements a brand new hostess stand and new bathrooms. The large primary dining room extends almost fifty feet deep. The property also includes two walk-in boxes, full kitchen facilities, and a fenced back patio that offers potential for additional patron space. Centrally located just off Route 611, this property could also present a unique space for other commercial uses such as retail, office, or medical, after the current lease income is collected. The property is 2450 square feet in size and sits on a 0.11-acre lot.

Key Highlights

  • Completely remodeled and renovated restaurant with updated major mechanical systems and newer kitchen equipment.
  • Tenant occupied property in a densely populated suburban Philadelphia area, providing immediate income.
  • New interior finish (2018) including tables, chairs, lights, hostess stand, and bathrooms.

Local Financial Insights For 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 $44.1k $18.00
− Vacancy −$1.9k −$0.76
EGI $42.2k $17.24
− OpEx −$12.7k −$5.17
NOI $29.6k $12.07
2,450 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use
Specialty Retail
$1.41M
$1.23M – $1.64M (±1% cap)
NOI $98,649 @ 7.0% cap · market cap 17.94%
Second Best
Retail
$422.5K
$369.7K – $492.9K (±1% cap)
NOI $29,573 @ 7.0% cap · market cap 5.38%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Restaurants

FAQs

What type of property is this?
Restaurant - Tenant-occupied, renovated restaurant with potential for other commercial uses.
Where is this restaurant located?
The property is located at Abington, PA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Completely remodeled and renovated restaurant with updated major mechanical systems and newer kitchen equipment.; Tenant occupied property in a densely populated suburban Philadelphia area, providing immediate income.; New interior finish (2018) including tables, chairs, lights, hostess stand, and bathrooms.
Contact an agent
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