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Turn-Key Breakfast & Lunch Restaurant
For Sale
$120,000

3862 Terrace St, Philadelphia, PA 19128

Fully built-out restaurant with large dining room, keypad ordering, ADA restrooms, and a fully equipped commercial kitchen.

Property Size3,500 SF
Price / SF$34.29
Days on Market55

Property Features for 3862 Terrace St

General Information

Standard status Active
Size 3,500 SF
Property subtype Business Opportunity
Lease Type NNN

Additional Details

Furnished Yes
Business Included Yes
Commercial Hood Yes
Multifamily Units 1

Building Details

Year Built 1940
Tenancy Multi
Listing Agency: Keller Williams Realty
Listed By: Paul P Cheng · License #AB068536
Source: Elkaimpropertygroup
Added: Jul 20 Changed: Sep 8 Last Checked: Sep 12 at 2:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty

Investment Insights

Based on property information with market context.

This turn-key breakfast and lunch restaurant is fully built out for immediate operation, featuring a spacious dining area designed for comfortable table service. Guests order using a fast, convenient keypad system, and the front includes large display counters with coffee and beverage preparation positioned behind the counters for efficient service. The layout also includes a dedicated office and storage room, two ADA-compliant bathrooms, and a commercial kitchen at the rear.

The kitchen is equipped with a walk-in refrigerator, stand-up freezers, ovens, and a commercial hood system, along with extensive commercial equipment. A dishwasher (owned and included in the sale) further supports day-to-day operations.

The seller is currently operating the business and is open to a new lease proposal, and also open to selling the building and restaurant business together, including an upstairs apartment that is currently tenant-occupied. All buyers must provide proof of funds to schedule a showing. Please do not disturb employees or operations at the location.

Key Highlights

  • Fully built‑out breakfast & lunch restaurant with large dining room and efficient layout
  • Keypad ordering systems at the front for fast, convenient customer service
  • Fully equipped commercial kitchen with walk‑in refrigerator, stand‑up freezers, ovens, and commercial hood system

Property Analytics

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Current Use

Kim Kooks Co. ... Take-out & Catering

Suggested Use

Top Pick Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical Service Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

1,316
Businesses Nearby
75k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 31% Leisure 27% Dining 14% Hotels & Casinos 14%
Regal UA Main Street Leisure
20,583 visits/mo 0.4 miles
Residence Inn by Marriott Philadelphia Bala Cynwyd Hotels & Casinos
10,196 visits/mo 0.3 miles
Fine Wine & Good Spirits Groceries
9,969 visits/mo 0.3 miles
Sunoco Shops & Services
9,712 visits/mo 0.4 miles
Dunkin' Donuts Dining
9,536 visits/mo 0.5 miles

Demographics for 19128, PA

36,808
Population
19,006
Households
1.9
Avg Household Size
36
Median Age
55%
College-Educated
95%
High-School Grad
7.0 sq mi
ZIP Area
5,258
Density / Sq Mi
$89,639
Median Household Income
$64,861
Median Earnings
$1,563
Median Rent
$330,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Philadelphia, PA

6.7% 2019
8.2% 2020
7.8% 2021
6.6% 2022
6.2% 2023
5.5% 2024
5.6% 2025
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Similar Off Market Nearby

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  • Volo Coffeehouse 4360 Main St, Philadelphia, PA 19127
  • Winnie's Manayunk 4266 Main St, Philadelphia, PA 19127

Frequently Asked Questions

What type of property is this?
Breakfast & diner - Fully built-out restaurant with large dining room, keypad ordering, ADA restrooms, and a fully equipped commercial kitchen.
Where is this breakfast & diner located?
The property is located at 3862 Terrace St Philadelphia, PA.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Fully built‑out breakfast & lunch restaurant with large dining room and efficient layout; Keypad ordering systems at the front for fast, convenient customer service; Fully equipped commercial kitchen with walk‑in refrigerator, stand‑up freezers, ovens, and commercial hood system
More about this property
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