Restaurant Business with
For Sale
$110,000
1454 S NEWKIRK STREET, Philadelphia, PA 19146
Established operation includes restaurant equipment and a transferable lease.
Property Size800 SF
Price / SF$137.50
Days on Market44
Property Features for 1454 S NEWKIRK STREET
General Information
Standard status
Active
Size
800 SF
Property subtype
Business
Additional Details
Business Included
Yes
Equipment Included
Yes
Building Details
Year Built
1920
Listing Agency:
RE/MAX Access
(215) 400-2600
Listed By:
Marvin J Vargas · License #RS270368
(215) 400-2618
Source:
Cummingsrealtors
Added: Jul 23
Changed: Sep 3
Last Checked: Sep 4 at 5:33AM
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 RE/MAX Access
Investment Insights
Based on property information with market context.
The restaurant business has operated at 1454 S Newkirk Street for 10 years. The sale includes equipment for current operations, and an equipment list is available. Service currently runs Monday through Saturday from 7 p.m. to 2 a.m., with Sunday service planned for September. The transferable lease has 3.5 years remaining on a 5-year term and is eligible for an extension.
The property is located in Philadelphia’s Point Breeze section, approximately 1.5 miles from CHOP and the University of Pennsylvania hospital. Parking behind the building serves the owner, work staff, and delivery drivers. The building dates to 1920.
The property is located in Philadelphia’s Point Breeze section, approximately 1.5 miles from CHOP and the University of Pennsylvania hospital. Parking behind the building serves the owner, work staff, and delivery drivers. The building dates to 1920.
Key Highlights
- Restaurant operation established at the property for 10 years
- Sale includes restaurant equipment; an equipment list is available
- Transferable 5‑year lease with 3.5 years remaining
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,195
Businesses Nearby
60k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 52%
Shops & Services 47%
Dining 2%
Aldi
Groceries
28,516 visits/mo
0.3 miles
Sunoco
Shops & Services
13,676 visits/mo
0.4 miles
Dollar Tree
Shops & Services
9,126 visits/mo
0.4 miles
Fine Wine & Good Spirits
Groceries
2,299 visits/mo
0.4 miles
U-Haul Moving & Storage of Strawberry Mansion
Shops & Services
2,225 visits/mo
0.5 miles
Demographics for 19146, PA
41,920
Population
22,182
Households
1.9
Avg Household Size
34
Median Age
65%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
24,659
Density / Sq Mi
$99,702
Median Household Income
$68,849
Median Earnings
$1,708
Median Rent
$452,200
Median Home Value
Market
Vacancy Rate% for Retail in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established operation includes restaurant equipment and a transferable lease.
Where is this conventional restaurant located?
The property is located at 1454 S NEWKIRK STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Restaurant operation established at the property for 10 years; Sale includes restaurant equipment; an equipment list is available; Transferable 5‑year lease with 3.5 years remaining
