Conventional Restaurant with Commercial
For Sale
Contact for pricing
40 W MAPLEWOOD MALL, Philadelphia, PA 19144
Existing dining and food-preparation space includes installed restaurant equipment and a rear outdoor area.
Property Size1,300 SF
Price / SF$1.92
Days on Market98
Property Features for 40 W MAPLEWOOD MALL
General Information
Standard status
Active
Size
1,300 SF
Property subtype
Commercial
Site & Location
Neighborhood
Northwest Philadelphia
Additional Details
Commercial Hood
Yes
Building Details
Year Built
1900
Listing Agency:
Gardner Realty LLC
(215) 844-1788
Listed By:
Courtney Childs · License #RS290255
(267) 825-2197
Source:
Cummingsrealtors
Added: Aug 1
Changed: Nov 5
Last Checked: Nov 4 at 4:37PM
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 Gardner Realty LLC
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Investment Insights
Based on property information with market context.
This 1,300 SF conventional restaurant space includes a dining area, commercial kitchen, and rear outdoor area that may accommodate patio or outdoor seating, subject to applicable approvals. The kitchen infrastructure includes a cooking line, convection ovens, gas range, flat-top griddle, deep fryer, salamander/broiler, exhaust hood system, walk-in cooler, commercial sinks, stainless steel prep tables, and select built-in restaurant equipment.
The property is located at 40 W Maplewood Mall in Philadelphia, PA 19144. Existing fixtures and equipment convey in their current as-is condition. The tenant is responsible for confirming equipment and system condition, securing required permits and inspections, and obtaining applicable licenses and health department approvals. No representations or warranties are made regarding the included equipment or systems.
The property is located at 40 W Maplewood Mall in Philadelphia, PA 19144. Existing fixtures and equipment convey in their current as-is condition. The tenant is responsible for confirming equipment and system condition, securing required permits and inspections, and obtaining applicable licenses and health department approvals. No representations or warranties are made regarding the included equipment or systems.
Key Highlights
- 1,300 SF restaurant space with dining area and commercial kitchen
- Commercial cooking line with convection ovens, gas range, griddle, fryer, and salamander/broiler
- Walk‑in cooler, commercial sinks, stainless steel prep tables, and built‑in equipment included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,544
Suggested Prices Based on Cap Rates
Cap Rate 5%
$190,880
$190.9K
Cap Rate 7%
$136,343
$136.3K
Cap Rate 9%
$106,044
$106.0K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$14.8K $11.40/SF
− Vacancy
−$1.2K −$0.91/SF
EGI
$13.6K $10.49/SF
− OpEx
−$4.1K −$3.15/SF
NOI
$9.5K $7.34/SF
Area
Philadelphia, PA
Vacancy
8.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$190,880
Cap Rate 7%
$136,343
Cap Rate 9%
$106,044
Alternative Uses
Best Use
Specialty Retail
$269.1K
$235.5K – $314.0K
NOI $18,837 @ 7.0% cap · market cap 753.48%
Second Best
Industrial
$136.3K
$119.3K – $159.1K
NOI $9,544 @ 7.0% cap · market cap 381.76%
Theoretical Best
Multifamily LT 5
$316.9K
$277.3K – $369.7K
NOI $22,184 @ 7.0% cap · market cap 887.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
1,883
Businesses Nearby
147k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 31%
Groceries 15%
Electronics 2%
McDonald's
Dining
22,820 visits/mo
0.2 miles
Wendy's
Dining
17,023 visits/mo
0.3 miles
Burger King
Dining
14,786 visits/mo
0.3 miles
Dollar Tree
Shops & Services
14,774 visits/mo
0.4 miles
Save-A-Lot
Groceries
14,471 visits/mo
0.4 miles
Demographics for 19144, PA
44,481
Population
23,583
Households
1.9
Avg Household Size
37
Median Age
35%
College-Educated
90%
High-School Grad
3.6 sq mi
ZIP Area
12,356
Density / Sq Mi
$45,727
Median Household Income
$36,020
Median Earnings
$1,110
Median Rent
$224,600
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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing dining and food-preparation space includes installed restaurant equipment and a rear outdoor area.
Where is this conventional restaurant located?
The property is located at 40 W MAPLEWOOD MALL Philadelphia, PA.
What are key features of this property?
This property features: 1,300 SF restaurant space with dining area and commercial kitchen; Commercial cooking line with convection ovens, gas range, griddle, fryer, and salamander/broiler; Walk‑in cooler, commercial sinks, stainless steel prep tables, and built‑in equipment included
