Second-Generation Restaurant
New
For Sale
$699,000
5978 & 5990 Easton Rd, Plumsteadville, PA 18947
A restaurant-ready space combines two condominium units and includes existing furniture, fixtures, and equipment.
Property Size3,213 SF
Price / SF$217.55
Days on Market1
Property Features for 5978 & 5990 Easton Rd
General Information
Standard status
Active
Size
3,213 SF
Property subtype
Street Retail
Zoning
VC
Additional Details
Furnished
Yes
Building Details
Building Size
3,213 SF
Buildings
1
Listing Agency:
Suburban City Group
Listed By:
Glenn Gaines · License #RS330696
(215) 995-0191
Source:
Thebrokerlist
Added: Oct 19
Last Checked: Oct 19 at 2:32PM
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 Suburban City Group
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.
Configured as a second-generation restaurant, this property comprises two combined condominium units totaling 3,213 square feet. Existing furniture, fixtures, and equipment are included, providing a furnished setup for restaurant operations. The property is zoned VC.
The space is located on Easton Road in Plumsteadville, with proximity to Doylestown and the turnpike. Major transportation routes are accessible from the area.
The space is located on Easton Road in Plumsteadville, with proximity to Doylestown and the turnpike. Major transportation routes are accessible from the area.
Key Highlights
- 3,213 SF across 2 combined condominium units
- Existing furniture, fixtures, and equipment included
- VC zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,955
Cap Rate
7.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$999,100
$999.1K
Cap Rate 7%
$713,643
$713.6K
Cap Rate 9%
$555,056
$555.1K
Market Conditions
NOI Build-Up for 3,213 SF
Gross rent
$70.6K $21.96/SF
− Vacancy
−$4.0K −$1.23/SF
EGI
$66.6K $20.73/SF
− OpEx
−$16.7K −$5.18/SF
NOI
$50.0K $15.55/SF
Area
Bucks County, PA
Vacancy
5.60%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$999,100
Cap Rate 7%
$713,643
Cap Rate 9%
$555,056
Alternative Uses
Best Use
Specialty Retail
$713.6K
$624.4K – $832.6K
NOI $49,955 @ 7.0% cap · market cap 7.15%
Second Best
Retail
$666.1K
$582.8K – $777.1K
NOI $46,624 @ 7.0% cap · market cap 6.67%
Theoretical Best
Office A
$974.1K
$852.4K – $1.14M
NOI $68,190 @ 7.0% cap · market cap 9.76%
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
105
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 18947, PA
6,089
Population
2,703
Households
2.3
Avg Household Size
46
Median Age
51%
College-Educated
98%
High-School Grad
25.2 sq mi
ZIP Area
242
Density / Sq Mi
$136,615
Median Household Income
$66,118
Median Earnings
$2,057
Median Rent
$604,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A restaurant-ready space combines two condominium units and includes existing furniture, fixtures, and equipment.
Where is this conventional restaurant located?
The property is located at 5978 & 5990 Easton Rd Plumsteadville, PA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 3,213 SF across 2 combined condominium units; Existing furniture, fixtures, and equipment included; VC zoning
