Mixed-Use Drive-Through Restaurant
For Sale
$265,000
46 W Baltimore Ave, Clifton Heights, PA 19018
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 Market93
Property Features for 46 W Baltimore Ave
General Information
Standard status
Active
Size
2,000 SF
Listing Agency:
RE/MAX Access
Listed By:
Ibrahim Khattab
(267) 709-9941
Source:
Southjerseyshorehomesfinder
Added: Jul 21
Changed: Oct 5
Last Checked: Oct 21 at 1:15AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,921
Cap Rate
8.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,420
$438.4K
Cap Rate 7%
$313,157
$313.2K
Cap Rate 9%
$243,567
$243.6K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$36.0K $18.00/SF
− Vacancy
−$4.7K −$2.34/SF
EGI
$31.3K $15.66/SF
− OpEx
−$9.4K −$4.70/SF
NOI
$21.9K $10.96/SF
Area
Delaware County, PA
Vacancy
13.01%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,420
Cap Rate 7%
$313,157
Cap Rate 9%
$243,567
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 authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
837
Businesses Nearby
Explore this area
Business Placement
Demographics for 19018, PA
23,664
Population
10,201
Households
2.3
Avg Household Size
38
Median Age
30%
College-Educated
92%
High-School Grad
2.7 sq mi
ZIP Area
8,764
Density / Sq Mi
$73,451
Median Household Income
$46,387
Median Earnings
$1,346
Median Rent
$215,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
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
