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    Restaurant Property for Sale Title is generated by Realmo AI

    601-17 Cedar Ave, Lansdowne, PA 19050

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    For Sale
    $319,000

    For sale restaurant asset in Lansdowne, offered for purchase as a dedicated commercial dining use.

    Property size:
    2,300 SF
    Price / SF:
    $138/SF
    Added:
    Mar 13, 2026
    Days on Market:
    83
    Last Refresh:
    Jun 3 at 3:05 am

    Property Features for 601-17 Cedar Ave

    General Information

    Standard status
    Active
    Size
    2,300 SF

    Building Details

    Year Built
    1964

    We can help!

    Listing Contact
    Paul P Cheng

    Listing agent Paul P Cheng License #AB068536

    Listing office Keller Williams Realty - Cherry Hill

    Listing date Mar 13, 2026

    Source Evrealestate

    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 Realty - Cherry Hill

    HighLights

    • Restaurant asset for sale in Lansdowne, offered for dedicated commercial dining use
    • Building with central air conditioning
    • Heating includes central electric and natural gas
    • Year built: 1964

    Overview

    This listing presents a restaurant property suited to conventional restaurant use. The offering is presented for sale, giving buyers the opportunity to acquire a dedicated commercial dining asset with an established restaurant classification. The property size is listed at 2,300 square feet, providing a manageable footprint for a range of restaurant operations within the commercial framework provided in the record.

    The property is located at 601-17 Cedar Ave in Lansdowne, Pennsylvania, in Delaware County. The provided directions indicate travel from MacDade Blvd to the south on Cedar Ave. The listing information also identifies the county as Delaware County, which may be relevant for buyers reviewing local operating considerations.

    For investors or restaurateurs evaluating acquisition opportunities, this is a straightforward option when the goal is to purchase a site categorized specifically for restaurant activity. With the property marketed for sale and sized at 2,300 square feet, it may appeal to operators looking for a focused commercial dining location rather than a general-purpose space. Interested parties can review the listing details to confirm how the property’s current layout and configuration fit their concept and business requirements.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lansdowne
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.251797
    Latitude
    39.934674

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    FAQs

    What type of property is this?
    Conventional restaurant - For sale restaurant asset in Lansdowne, offered for purchase as a dedicated commercial dining use.
    Where is this conventional restaurant located?
    The property is located at 601-17 Cedar Ave Lansdowne, PA.
    What is the asking price?
    The asking price for this property is $319,000.
    What are key features of this property?
    This property features: Restaurant asset for sale in Lansdowne, offered for dedicated commercial dining use; Building with central air conditioning; Heating includes central electric and natural gas
    (215) 327-1722
    We can help!
    Listing Contact
    Paul P Cheng
    Real Estate License ID: AB068536
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    601-17 Cedar Ave, Lansdowne, PA 19050
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