Conventional Restaurant with Existing
For Sale
Contact for pricing
5TH & Bainbridge St, Philadelphia, PA 19146
Established restaurant property positioned on a prominent corner with strong surrounding traffic exposure.
Property Size7,000 SF
Price / SF$314.14
Days on Market193
Property Features for 5TH & Bainbridge St
General Information
Standard status
Active
Size
7,000 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Site & Location
Neighborhood
Center City
Building Details
Units
6
Tenancy
Multi
Listing Agency:
SDG Real Estate
Listed By:
Stephen Stafford · License #PA RM424801
(609) 335-4016
Source:
Crexi
Added: Apr 15
Changed: Oct 11
Last Checked: Oct 23 at 6:57AM
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 SDG Real Estate
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 conventional restaurant property includes an existing restaurant buildout and occupies a corner position at 5TH & Bainbridge St. The established configuration may support continued restaurant use without starting from an entirely raw commercial shell.
The property is located in Philadelphia, PA 19146, at the intersection of 5TH & Bainbridge St. Its corner setting and reported high-traffic exposure provide a defined street presence for restaurant operations.
The property is located in Philadelphia, PA 19146, at the intersection of 5TH & Bainbridge St. Its corner setting and reported high-traffic exposure provide a defined street presence for restaurant operations.
Key Highlights
- Existing restaurant buildout
- Corner position at 5TH & Bainbridge St
- Philadelphia location in ZIP code 19146
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$101,430
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,028,600
$2.0M
Cap Rate 7%
$1,449,000
$1.4M
Cap Rate 9%
$1,127,000
$1.1M
Market Conditions
NOI Build-Up for 7,000 SF
Gross rent
$147.0K $21.00/SF
− Vacancy
−$11.8K −$1.68/SF
EGI
$135.2K $19.32/SF
− OpEx
−$33.8K −$4.83/SF
NOI
$101.4K $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%
$2,028,600
Cap Rate 7%
$1,449,000
Cap Rate 9%
$1,127,000
Alternative Uses
Best Use
Specialty Retail
$1.45M
$1.27M – $1.69M
NOI $101,430 @ 7.0% cap · market cap 4.61%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.71M
$1.49M – $1.99M
NOI $119,454 @ 7.0% cap · market cap 5.43%
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
11,111
Businesses Nearby
81k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 46%
Dining 26%
Groceries 16%
Shops & Services 12%
Le Pain Quotidien
Dining
15,049 visits/mo
0.4 miles
Philadelphia Marriott Old City
Hotels & Casinos
14,972 visits/mo
0.4 miles
ACME Markets
Groceries
12,615 visits/mo
0.5 miles
Kimpton Hotel Monaco Philadelphia
Hotels & Casinos
10,769 visits/mo
0.2 miles
Starbucks
Dining
5,627 visits/mo
0.1 miles
Demographics for 19146, PA
41,920
Population
22,182
Households
1.9
Avg Household Size
34
Median Age
65%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
24,659
Density / Sq Mi
$99,702
Median Household Income
$68,849
Median Earnings
$1,708
Median Rent
$452,200
Median Home Value
Market
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established restaurant property positioned on a prominent corner with strong surrounding traffic exposure.
Where is this conventional restaurant located?
The property is located at 5TH & Bainbridge St Philadelphia, PA.
What is the asking price?
The asking price for this property is $2,199,000.
What are key features of this property?
This property features: Existing restaurant buildout; Corner position at 5TH & Bainbridge St; Philadelphia location in ZIP code 19146
