Building Details

Year Built 1999

Listing Agency: Century 21 Advantage Gold-South Philadelphia Show Phone

Listed By: Frank J Jacovini · License #0896695 Show Phone

Source: Cummingsrealtors

Added: Jul 26 Changed: Oct 6 Last Checked: Oct 5 at 6:23PM

Report an Issue

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 Century 21 Advantage Gold-South Philadelphia

Investment Insights

Based on property information with market context.

This listing offers restaurant space for sale in Space #12 at 43 Snyder Avenue. The property is identified in the available materials as suitable for restaurant and bar use, based on the stated property types.

Access directions provided note travel “any street to Snyder then to Front St.”

The listing is for sale and includes the stated address in Philadelphia, PA 19148.

Key Highlights

• Restaurant suite for sale as Space #12 at 43 Snyder Avenue
• Built in 1999
• Heating: natural gas forced air

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$41,804

Cap Rate

7.60%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$836,080 $836.1K

Cap Rate 7%

$597,200 $597.2K

Cap Rate 9%

$464,489 $464.5K

Market Conditions

NOI Build-Up for 2,885 SF

Gross rent

$60.6K $21.00/SF

− Vacancy

−$4.8K −$1.68/SF

EGI

$55.7K $19.32/SF

− OpEx

−$13.9K −$4.83/SF

NOI

$41.8K $14.49/SF

Area

Philadelphia, PA

Vacancy

8.00%

Lease Rate

$21.00 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$836,080

Cap Rate 7%

$597,200

Cap Rate 9%

$464,489

Alternative Uses

Best Use

Specialty Retail

$597.2K

$522.6K – $696.7K (±1% cap)

NOI $41,804 @ 7.0% cap · market cap 7.60%

Second Best

—

—

no second resolved use

Theoretical Best

Multifamily LT 5

$703.3K

$615.4K – $820.5K (±1% cap)

NOI $49,232 @ 7.0% cap · market cap 8.95%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

J. Ốc & Lẩu Restaurant Blue J's Ocean ... Restaurant Frankie and Jimmy D’s Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Dental Office Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

1,085

Businesses Nearby

858k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Superstores 30% Home Improvements & Furnishings 21% Dining 20% Shops & Services 18%

Walmart Superstores

152,363 visits/mo 0.4 miles

Target Superstores

105,271 visits/mo 0.2 miles

IKEA Home Improvements & Furnishings

70,863 visits/mo 0.3 miles

Chick-fil-A Dining

57,498 visits/mo 0.3 miles

The Home Depot Home Improvements & Furnishings

49,459 visits/mo 0.3 miles

Demographics for 19148, PA

53,976

Population

22,944

Households

2.4

Avg Household Size

36

Median Age

39%

College-Educated

85%

High-School Grad

4.2 sq mi

ZIP Area

12,851

Density / Sq Mi

$80,469

Median Household Income

$50,067

Median Earnings

$1,492

Median Rent

$296,800

Median Home Value

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this bars & pubs located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Mixed-Use Property with Liquor License

5007 Frankford Ave, Philadelphia, PA 19124

$420,000

2,803 SF

View details

Mixed-Use Restaurant and Retail Space

4565 Torresdale Ave, Philadelphia, PA 19124

$650,000

3,295 SF

View details

Mixed-Use Bar and Restaurant Property

201 CLARKSON AVENUE, Philadelphia, PA 19120

$585,000

View details

Neighborhood Bar and Restaurant

5452 N 5th St, Philadelphia, PA 19120

$949,900

2,720 SF

View details

Equipped Bar Restaurant with Apartments

1301 W MOYAMENSING AVE, Philadelphia, PA 19148

$805,000

3,400 SF

View details

Bar and Lounge with Gated Outdoor Space

3546 N 13TH STREET, Philadelphia, PA 19140

$350,000

View details

Mixed-Use Property with Restaurant

2221 BRIDGE STREET, Philadelphia, PA 19137

$700,000

View details

Mixed-Use Corner Bar Restaurant

1953 S 11th St, Philadelphia, PA 19148

$1,100,000

2,400 SF

View details

Chinatown Bar Business

212 N 11TH STREET, Philadelphia, PA 19107

$350,000

2,000 SF

View details

Three-Story Music Venue & Bar

410 410-12 W Girard Ave, Philadelphia, PA 19123

$725,000

4,860 SF

View details

Multi-Level Japanese Restaurant

2030 Chestnut St, Philadelphia, PA 19103

$400,000

4,820 SF

View details

Open-Concept Nightclub Venue

2312 Duncan St, Philadelphia, PA 19124

$474,999

6,025 SF

View details

Similar Off Market Nearby

• Bell Beverage — 2809 S Front St, Philadelphia, PA 19148
• Cheerleaders Philadelphia — 2740 S Front St, Philadelphia, PA 19148
• Toll Man Joe's — 26 e oregon ave, philadelphia, pa 19148
• Nickels Tavern — 2655 S 2nd St, Philadelphia, PA 19148
• Southside Bar and Grill — 2500 S 3rd St, Philadelphia, PA 19148

Frequently Asked Questions

What type of property is this?

Bar & Pub - Restaurant suite available for sale as Space #12 at 43 Snyder Avenue.

Where is this bar & pub located?

The property is located at 43 SNYDER AVENUE SPACE # 12 Philadelphia, PA.

What is the asking price?

The asking price for this property is $550,000.

What are key features of this property?

This property features: Restaurant suite for sale as Space #12 at 43 Snyder Avenue; Built in 1999; Heating: natural gas forced air