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604 W York Street, Philadelphia, PA, 19133
Turn-Key Liquor Store with Basement

604 W York Street Philadelphia, PA 19133

For Sale
$495,000

Turn-key cold beer and liquor store with an R-liquor license and on-site cooler, plus a rear ADA bathroom.

Property Size2,223 SF
Price / SF$222.67
Days on Market142

Property Features for 604 W York Street

General Information

Standard status
Active
Size
2,223 SF
Property subtype
Mixed Use

Building Details

Year Built
1915
Listing Agency: Keller Williams Realty
Listed By: Cherry Hill
Source: Xome
Added: Mar 3 Changed: Jul 21 Last Checked: Jul 23 at 4:02AM

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


Investment Insights

Based on property information with market context.

This property operates as a turn-key cold beer and liquor store and includes the R-liquor license, with a building offered for sale. Customer seating is located at the front, leading through to an ADA bathroom in the rear. Behind the counter, there is a large cooler housing liquors and merchandise.

A rear entrance provides access to a residential space with a kitchen, full bath, and bedrooms. The lower level includes a full basement and cellar gate designed for loading inventory.

Adjacent to the property, the lot next door is owned by the Philadelphia Land Bank, and the current owner uses it for parking. Showings require proof of funds prior to scheduling.

Key Highlights

  • Cold beer and liquor store with an R‑liquor license; building available for sale.
  • Large customer area with seating and a rear ADA bathroom accessible from the store.
  • On‑site large cooler behind the counter with liquors and merchandise.

Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $46.7k $21.00
− Vacancy −$3.7k −$1.68
EGI $42.9k $19.32
− OpEx −$10.7k −$4.83
NOI $32.2k $14.49
2,223 SF · lease $21.00/SF/yr · vacancy 8.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$460.2K
$402.6K – $536.9K (±1% cap)
NOI $32,211 @ 7.0% cap · market cap 6.51%
Second Best
Retail
$358.9K
$314.1K – $418.8K (±1% cap)
NOI $25,125 @ 7.0% cap · market cap 5.08%
Theoretical Best
Multifamily LT 5
$541.9K
$474.2K – $632.3K (±1% cap)
NOI $37,935 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

King Dragon Cold ... Bar & Pub

Suggested Use

Law Firm HVAC Service (Bike/Boat/Book/etc) Store Electrical Service (Bike/Boat/Book/etc) Store Parking Lot & Garage Accounting Firm Veterinary Clinic Pet Grooming Service Acupuncture

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

Similar Off Market Nearby

  • The Fresh Grocer of Progress Plaza — 1501 N Broad St, Philadelphia, PA 19122
  • Brother Supermarket — 1140 W Somerset St, Philadelphia, PA 19133
  • City market — 2208 N Broad St, Philadelphia, PA 19132
  • Fine Fare Supermarket — 131 W Lehigh Ave, Philadelphia, PA 19133
  • Touch of perfume and variety — 2256 N Broad St, Philadelphia, PA 19132

FAQs

What type of property is this?
Grocery and convenience store - Turn-key cold beer and liquor store with an R-liquor license and on-site cooler, plus a rear ADA bathroom.
Where is this grocery and convenience store located?
The property is located at 604 W York Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Cold beer and liquor store with an R‑liquor license; building available for sale.; Large customer area with seating and a rear ADA bathroom accessible from the store.; On‑site large cooler behind the counter with liquors and merchandise.
More about this property
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