Mixed-Use Drive-Through Restaurant
46 W Baltimore Ave Clifton Heights, PA 19018
New
46 W Baltimore Ave, Clifton Heights, PA, 19018
$265,000
For Sale
$265,000
As-is mixed-use building with a ground-floor commercial space designed for drive-thru service and an upper level adaptable to two apartments.
Property Size2,000 SF
Price / SF$132.50
Days on Market2
Property Features for 46 W Baltimore Ave
General Information
- Standard status
- Active
- Size
- 2,000 SF
Listing agency
RE/MAX Access
(267) 709-9941
Listed by
Ibrahim Khattab
Source
Kandorre
Added: Jul 21 Updated: Jul 22 at 6:04PM Checked: Jul 22 at 6:04PM
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.
This mixed-use property is being sold AS-IS and includes a ground-floor commercial space and an upper level. The building is designed to accommodate a drive-thru, supporting quick-service concepts. The commercial unit is described as having visibility, easy access, and flexible layout options for food service use.
The upper level can be turned into two residential apartment units, creating an opportunity for additional rental income or live-work flexibility. The property is presented as a combination commercial-and-residential asset, suited to investors, owner-operators, or developers seeking both income streams in one location.
Overall, the site offers a straightforward two-level configuration: drive-thru-oriented commercial space below with a residential conversion option above.
The upper level can be turned into two residential apartment units, creating an opportunity for additional rental income or live-work flexibility. The property is presented as a combination commercial-and-residential asset, suited to investors, owner-operators, or developers seeking both income streams in one location.
Overall, the site offers a straightforward two-level configuration: drive-thru-oriented commercial space below with a residential conversion option above.
Key Highlights
- As‑is mixed‑use building with ground‑floor commercial space and an upper level adaptable to 2 apartment units
- Ground‑floor commercial layout designed to accommodate drive‑thru service
- Upper level can be turned into 2 residential apartment units for additional rental income or live‑work use
Local Financial Insights For Multifamily LT 5
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 | $36.0k | $18.00 |
| − Vacancy | −$4.7k | −$2.34 |
| EGI | $31.3k | $15.66 |
| − OpEx | −$9.4k | −$4.70 |
| NOI | $21.9k | $10.96 |
2,000 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$367.2K
$321.3K – $428.4K
NOI $25,704 @ 7.0% cap · market cap 9.70%
Second Best
Multifamily LT 5
$313.2K
$274.0K – $365.4K
NOI $21,921 @ 7.0% cap · market cap 8.27%
Theoretical Best
Office A
$606.4K
$530.6K – $707.5K
NOI $42,447 @ 7.0% cap · market cap 16.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Drive through restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - As-is mixed-use building with a ground-floor commercial space designed for drive-thru service and an upper level adaptable to two apartments.
Where is this drive through restaurant located?
The property is located at 46 W Baltimore Ave Clifton Heights, PA.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: As‑is mixed‑use building with ground‑floor commercial space and an upper level adaptable to 2 apartment units; Ground‑floor commercial layout designed to accommodate drive‑thru service; Upper level can be turned into 2 residential apartment units for additional rental income or live‑work use
