Restaurant Building with Outdoor
New
For Sale
$1,925,000
5626 W LINCOLN HIGHWAY, Parkesburg, PA 19365
The renovated property combines indoor dining space with a deck, full basement, and two loading docks.
Property Size5,700 SF
Lot Size4.46 Acres
Price / SF$337.72
Days on Market5
Property Features for 5626 W LINCOLN HIGHWAY
General Information
Standard status
Active
Size
5,700 SF
Total Parking Spaces
64
Lot size
4.46 Acres
Property subtype
Commercial
Zoning
Community Service District
Site & Location
Traffic Count
32,000 vehicles/day
Road Access
Yes
Utilities to Site
Yes
Restaurant
Seating Capacity
140
Patio
Yes
Amenities
outdoor deck
full clean basement
loading dock
two Generac commercial generators
new roof
newer HVAC system
custom walk-in coolers
five-door refrigeration unit
security camera system
new septic and well system
two forcing sink pumps
renovated restrooms
Building Details
Year Built
1930
Year Renovated
2016
Buildings
1
Listing Agency:
Keller Williams Real Estate -Exton
(610) 363-4300
Listed By:
Patricia A Pappano · License #RS191386L
(484) 868-7901
Source:
Cummingsrealtors
Added: Oct 27
Changed: Oct 30
Last Checked: Oct 30 at 2:36PM
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 Keller Williams Real Estate -Exton
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Investment Insights
Based on property information with market context.
Configured for restaurant use, the 5,700-square-foot building was renovated in 2016 and includes indoor dining, a bar, and an outdoor deck with stair access and an accessible ramp. A full basement provides additional space, with a loading dock on each level. The site spans 4.46 acres and includes 64 parking spaces. Building systems and equipment include two Generac commercial generators installed in 2019, a 2020 roof, HVAC from 2019, custom walk-in coolers, and a five-door refrigeration unit. The property also has a security camera system, updated restrooms, and a well and septic system installed by a previous owner.
The site fronts Business Route 30, also identified as the Lincoln Highway, with 436 feet of frontage and a stated daily traffic count exceeding 32,000 vehicles. Nearby destinations listed include Lockheed Martin, Chester County Airport, Walmart, Wawa, Home Depot, CVS, Penn Medicine, and a TJ Maxx shipping center under construction. Community Service District zoning is reported to allow a range of uses subject to township verification, including restaurant, retail, medical office, hotel, and professional office.
The site fronts Business Route 30, also identified as the Lincoln Highway, with 436 feet of frontage and a stated daily traffic count exceeding 32,000 vehicles. Nearby destinations listed include Lockheed Martin, Chester County Airport, Walmart, Wawa, Home Depot, CVS, Penn Medicine, and a TJ Maxx shipping center under construction. Community Service District zoning is reported to allow a range of uses subject to township verification, including restaurant, retail, medical office, hotel, and professional office.
Key Highlights
- 5,700‑square‑foot building on 4.46 acres
- 436 feet of frontage on Business Route 30 (Lincoln Highway); daily traffic count over 32,000 vehicles
- 64 parking spaces and an outdoor deck with stair access and an accessible ramp
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,285
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,125,700
$1.1M
Cap Rate 7%
$804,071
$804.1K
Cap Rate 9%
$625,389
$625.4K
Market Conditions
NOI Build-Up for 5,700 SF
Gross rent
$81.4K $14.28/SF
− Vacancy
−$6.3K −$1.11/SF
EGI
$75.0K $13.17/SF
− OpEx
−$18.8K −$3.29/SF
NOI
$56.3K $9.87/SF
Area
Chester County, PA
Vacancy
7.80%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,125,700
Cap Rate 7%
$804,071
Cap Rate 9%
$625,389
Alternative Uses
Best Use
Specialty Retail
$804.1K
$703.6K – $938.1K
NOI $56,285 @ 7.0% cap · market cap 2.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.73M
$1.51M – $2.02M
NOI $120,973 @ 7.0% cap · market cap 6.28%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
32,000 VPD
Traffic count
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
733
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Caliber Collision
Shops & Services
733 visits/mo
0.1 miles
Demographics for 19365, PA
7,410
Population
2,818
Households
2.6
Avg Household Size
38
Median Age
30%
College-Educated
89%
High-School Grad
16.5 sq mi
ZIP Area
449
Density / Sq Mi
$92,137
Median Household Income
$48,065
Median Earnings
$1,256
Median Rent
$300,000
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The renovated property combines indoor dining space with a deck, full basement, and two loading docks.
Where is this conventional restaurant located?
The property is located at 5626 W LINCOLN HIGHWAY Parkesburg, PA.
What is the asking price?
The asking price for this property is $1,925,000.
What are key features of this property?
This property features: 5,700‑square‑foot building on 4.46 acres; 436 feet of frontage on Business Route 30 (Lincoln Highway); daily traffic count over 32,000 vehicles; 64 parking spaces and an outdoor deck with stair access and an accessible ramp
