Restaurant Space with Commercial
4742 RICHMOND STREET, Philadelphia, PA 19137
For Sale
New
Contact for pricing
Existing bar improvements, food-service equipment, storage, loading access, and customer parking support restaurant operations.
Property Size2,000 SF
Price / SF$1.25
Days on Market4
Property Features for 4742 RICHMOND STREET
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Additional Details
Floor
Commercial Hood
Amenities
lower-level storage
attached garage for loading and storage
outdoor gathering space
Building Details
Year Built
Listing Agency:
TCS Management, LLC
(215) 383-1439
Listed By:
Moshe Adika · License #2333829
(267) 210-3080
Source:
Cummingsrealtors
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 4:20PM
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 TCS Management, LLC
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Investment Insights
Based on property information with market context.
The 2,000-square-foot ground-floor restaurant space includes a commercial kitchen with a hood and ANSUL system, plus refrigerators and freezers. An existing bar is part of the interior build-out. Lower-level storage and an attached garage provide additional storage and loading areas. The property also has dedicated customer parking and outdoor gathering space.
At the corner of Richmond and Kirkbride Streets in Bridesburg, the property is served by SEPTA’s G Line and offers access to I-95.
At the corner of Richmond and Kirkbride Streets in Bridesburg, the property is served by SEPTA’s G Line and offers access to I-95.
Key Highlights
- 2,000‑square‑foot restaurant space on the ground floor
- Commercial kitchen has a hood, ANSUL system, refrigerators, and freezers
- Existing bar build‑out; lower‑level storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,980
Suggested Prices Based on Cap Rates
Cap Rate 5%
$579,600
$579.6K
Cap Rate 7%
$414,000
$414.0K
Cap Rate 9%
$322,000
$322.0K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$42.0K $21.00/SF
− Vacancy
−$3.4K −$1.68/SF
EGI
$38.6K $19.32/SF
− OpEx
−$9.7K −$4.83/SF
NOI
$29.0K $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%
$579,600
Cap Rate 7%
$414,000
Cap Rate 9%
$322,000
Alternative Uses
Best Use
Specialty Retail
$414.0K
$362.3K – $483.0K
NOI $28,980 @ 7.0% cap · market cap 1,159.20%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$487.6K
$426.6K – $568.8K
NOI $34,130 @ 7.0% cap · market cap 1,365.20%
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
Highway access
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
500
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
7,801 visits/mo
0.2 miles
Demographics for 19137, PA
8,682
Population
3,485
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
87%
High-School Grad
2.4 sq mi
ZIP Area
3,618
Density / Sq Mi
$64,401
Median Household Income
$46,109
Median Earnings
$1,205
Median Rent
$212,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Conventional restaurants in Philadelphia, PA
Properties on Market for Conventional restaurants in Philadelphia
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing bar improvements, food-service equipment, storage, loading access, and customer parking support restaurant operations.
Where is this conventional restaurant located?
The property is located at 4742 RICHMOND STREET Philadelphia, PA.
What are key features of this property?
This property features: 2,000‑square‑foot restaurant space on the ground floor; Commercial kitchen has a hood, ANSUL system, refrigerators, and freezers; Existing bar build‑out; lower‑level storage
