Restaurant Building with Built-In
For Sale
$450,000
325 S York Rd, Hatboro, PA 19040
Restaurant property includes counters, fixtures, water meters, electrical components, HVAC, lighting, and front signage.
Property Size1,000 SF
Price / SF$450
Days on Market93
Property Features for 325 S York Rd
General Information
Standard status
Active
Size
1,000 SF
Building Details
Year Built
1950
Listing Agency:
Homestarr Realty
Listed By:
Dora Lekas · License #RS178419L
(215) 588-2880
Source:
Kandorre
Added: Jul 21
Changed: Oct 8
Last Checked: Oct 21 at 12:04AM
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 Homestarr Realty
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Investment Insights
Based on property information with market context.
This restaurant property is being offered with a range of included improvements and equipment. The restaurant fixtures and improvements, counters, subdivision, water meters, electrical boxes, heating and air conditioning systems, lights, front and top-of-store signs, and related equipment are described as belonging to the property.
According to the remarks, the property could also be sold together with 327 S York tax PAR 08-00-06571-009, with a stated total price for both buildings. If a tenant is placed prior to sale, the lease is expected to transfer to the new owner.
According to the remarks, the property could also be sold together with 327 S York tax PAR 08-00-06571-009, with a stated total price for both buildings. If a tenant is placed prior to sale, the lease is expected to transfer to the new owner.
Key Highlights
- Year built: 1950
- Restaurant property includes counters and fixtures
- Includes water meters, electrical components, and electrical boxes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,265
Cap Rate
8.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$805,300
$805.3K
Cap Rate 7%
$575,214
$575.2K
Cap Rate 9%
$447,389
$447.4K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$56.0K $56.04/SF
− Vacancy
−$2.4K −$2.35/SF
EGI
$53.7K $53.69/SF
− OpEx
−$13.4K −$13.42/SF
NOI
$40.3K $40.26/SF
Area
Montgomery County, PA
Vacancy
4.20%
Lease Rate
$56.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$805,300
Cap Rate 7%
$575,214
Cap Rate 9%
$447,389
Alternative Uses
Best Use
Specialty Retail
$575.2K
$503.3K – $671.1K
NOI $40,265 @ 7.0% cap · market cap 8.95%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
950
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19040, PA
22,396
Population
8,277
Households
2.7
Avg Household Size
42
Median Age
38%
College-Educated
93%
High-School Grad
5.9 sq mi
ZIP Area
3,796
Density / Sq Mi
$109,207
Median Household Income
$53,603
Median Earnings
$1,657
Median Rent
$367,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant property includes counters, fixtures, water meters, electrical components, HVAC, lighting, and front signage.
Where is this conventional restaurant located?
The property is located at 325 S York Rd Hatboro, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Year built: 1950; Restaurant property includes counters and fixtures; Includes water meters, electrical components, and electrical boxes
