Restaurant Space with Garage
For Sale
$1,660,000
58 S 3rd St, Oxford, PA 19363
Restaurant property with central air, heat pump heating, and on-street and garage parking
Property Size7,200 SF
Price / SF$230.56
Days on Market51
Property Features for 58 S 3rd St
General Information
Standard status
Active
Size
7,200 SF
Building Details
Year Built
1900
Listing Agency:
Pillar Real Estate Advisors
Listed By:
Eric Kuhn · License #RS296255
(610) 430-6255
Source:
Kableteam
Added: Jul 29
Changed: Sep 8
Last Checked: Sep 16 at 11:47PM
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 Pillar Real Estate Advisors
Investment Insights
Based on property information with market context.
Restaurant space at 58 S 3rd Street in Oxford, PA 19363 (Chester County). The property features central air cooling and heat pump heating, supporting year-round comfort for food service operations.
Exterior features include on-street parking and a garage, providing multiple options for staff and customer access. The building was constructed in 1900, offering a long-established structure for restaurant use.
This is a conventional restaurant property configuration, suited for operators looking for a ready-to-market food service space with both street and garage parking.
Exterior features include on-street parking and a garage, providing multiple options for staff and customer access. The building was constructed in 1900, offering a long-established structure for restaurant use.
This is a conventional restaurant property configuration, suited for operators looking for a ready-to-market food service space with both street and garage parking.
Key Highlights
- 58 S 3rd Street Oxford, PA 19363 in Chester County
- Central air cooling
- Heat pump heating
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$71,097
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,421,940
$1.4M
Cap Rate 7%
$1,015,671
$1.0M
Cap Rate 9%
$789,967
$790.0K
Market Conditions
NOI Build-Up for 7,200 SF
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.
Gross rent
$102.8K $14.28/SF
− Vacancy
−$8.0K −$1.11/SF
EGI
$94.8K $13.17/SF
− OpEx
−$23.7K −$3.29/SF
NOI
$71.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,421,940
Cap Rate 7%
$1,015,671
Cap Rate 9%
$789,967
Alternative Uses
Best Use
Specialty Retail
$1.02M
$888.7K – $1.18M
NOI $71,097 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.18M
$1.91M – $2.55M
NOI $152,808 @ 7.0% cap · market cap 9.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
458
Businesses Nearby
41k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 61%
Home Improvements & Furnishings 35%
Electronics 5%
Tractor Supply Co.
Home Improvements & Furnishings
14,335 visits/mo
0.5 miles
Sunoco
Shops & Services
7,631 visits/mo
0.3 miles
Dollar General
Shops & Services
6,474 visits/mo
0.5 miles
Wells Fargo
Shops & Services
5,230 visits/mo
0.4 miles
Enterprise Rent-A-Car
Shops & Services
2,045 visits/mo
0.4 miles
Demographics for 19363, PA
18,104
Population
6,247
Households
2.9
Avg Household Size
39
Median Age
33%
College-Educated
84%
High-School Grad
50.6 sq mi
ZIP Area
358
Density / Sq Mi
$104,318
Median Household Income
$46,755
Median Earnings
$1,217
Median Rent
$341,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant property with central air, heat pump heating, and on-street and garage parking
Where is this conventional restaurant located?
The property is located at 58 S 3rd St Oxford, PA.
What is the asking price?
The asking price for this property is $1,660,000.
What are key features of this property?
This property features: 58 S 3rd Street Oxford, PA 19363 in Chester County; Central air cooling; Heat pump heating
