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    Established Restaurant with Real Estate Title is generated by Realmo AI

    397 Swamp Pike, Schwenksville, PA

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    Well-established restaurant business with real estate for sale.

    Type:RETAIL
    Property size:
    2,100 SF
    Lot size:
    1.87 Acres
    Price / SF:
    $595/SF
    Added:
    Aug 14, 2024
    Days on Market:
    678
    Last Refresh:
    May 20 at 9:36 pm

    Property Features for 397 Swamp Pike

    General Information

    Standard status
    Active
    Size
    2,100 SF
    Lot size
    1.87 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Christopher Yangello
    Christopher Yangello

    Listing agent Christopher Yangello

    Listing office Capital Commercial Real Estate Group

    Listing date Aug 14, 2024

    Source Moodyscre

    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 Capital Commercial Real Estate Group

    HighLights

    • Well‑established Limerick Italian Kitchen (est. 2005) with real estate included.
    • High take‑out business (98%) indicates strong customer demand.
    • Located in a fast‑growing county, offering potential for increased customer base.
    • Great long‑term sales and income history.
    • Two acres of ground provide ample space for expansion.
    • 2,100 SF building with possibilities to expand the building footprint and the business.

    Overview

    This offering includes a well-established restaurant business and real estate in Montgomery County. The Limerick Italian Kitchen, established in 2005, has a strong history of sales and income, with 98% of its business being take-out. The property features a 2,100-square-foot building situated on 2 acres of land. Located in a rapidly growing county, the property presents opportunities to expand both the building footprint and the business.

    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 $117.7k $56.04
    − Vacancy −$4.9k −$2.35
    EGI $112.7k $53.69
    − OpEx −$28.2k −$13.42
    NOI $84.6k $40.26
    2,100 SF · lease $56.04/SF/yr · vacancy 4.20% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.21M
    $1.06M – $1.41M (±1% cap)
    NOI $84,556 @ 7.0% cap · market cap 6.76%
    Second Best
    Retail
    $362.1K
    $316.9K – $422.5K (±1% cap)
    NOI $25,349 @ 7.0% cap · market cap 2.03%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Restaurant Real Estate Agency Building Supply Auto Repair Shop Pharmacy Auto Parts Store Department Store Garden Center Discount Store Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Schwenksville
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.5356
    Latitude
    40.2578

    FAQs

    What type of property is this?
    Restaurant - Well-established restaurant business with real estate for sale.
    Where is this restaurant located?
    The property is located at 397 Swamp Pike Schwenksville, PA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Well‑established Limerick Italian Kitchen (est. 2005) with real estate included.; High take‑out business (98%) indicates strong customer demand.; Located in a fast‑growing county, offering potential for increased customer base.
    (610) 716-4020 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Christopher Yangello
    Christopher Yangello
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