Turn-Key Liquor
For Sale
$465,000
604 W YORK STREET, Philadelphia, PA 19133
Turn-key storefront liquor store with an R-Liquor License, large cooler, and ADA bathroom with customer seating.
Days on Market127
Property Features for 604 W YORK STREET
General Information
Standard status
Active
Property subtype
MixedUse
Additional Details
Business Included
Yes
Liquor License
Yes
Amenities
seating
ADA bathroom
large cooler
residential unit with kitchen, full bath, bedrooms
cellar gate
Building Details
Building Size
2,223 SF
Year Built
1915
Buildings
1
Listing Agency:
Keller Williams Realty
(215) 327-1722
Listed By:
Paul P Cheng · License #AB068536
(215) 327-1722
Source:
Patmckennarealtors
Added: Mar 27
Changed: Jul 30
Last Checked: Jul 30 at 7:34AM
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 turn-key storefront liquor store includes an R-Liquor License, with the business operations and the building offered for sale. The sales area welcomes customers with seating and leads to a back ADA bathroom. Behind the counter is a large cooler stocked with liquors and merchandise.
An upstairs entrance is located in the rear for residential use. The upper level includes a kitchen, a full bath, and bedrooms. A full basement is also included, with a cellar gate designed for easier loading of inventories.
The property sits on a lot with an adjacent next-door parcel owned by the Philadelphia Land Bank, which the current owner is using for parking. The building was constructed in 1915.
An upstairs entrance is located in the rear for residential use. The upper level includes a kitchen, a full bath, and bedrooms. A full basement is also included, with a cellar gate designed for easier loading of inventories.
The property sits on a lot with an adjacent next-door parcel owned by the Philadelphia Land Bank, which the current owner is using for parking. The building was constructed in 1915.
Key Highlights
- R‑Liquor License included with the turn‑key operation
- Customer seating area flows to a back ADA bathroom
- Large cooler stocked with liquors and merchandise behind the counter
Financial Insights For 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 | $40.0k | $18.00 |
| − Vacancy | −$4.1k | −$1.85 |
| EGI | $35.9k | $16.15 |
| − OpEx | −$10.8k | −$4.84 |
| NOI | $25.1k | $11.30 |
2,223 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$358.9K
$314.1K – $418.8K
NOI $25,125 @ 7.0% cap · market cap 5.40%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$541.9K
$474.2K – $632.3K
NOI $37,935 @ 7.0% cap · market cap 8.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
2,190
Businesses Nearby
100k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Shops & Services 36%
Groceries 11%
Apparel 4%
Wendy's
Dining
15,283 visits/mo
0.5 miles
Speedway
Shops & Services
12,422 visits/mo
0.4 miles
Burger King
Dining
11,767 visits/mo
0.4 miles
Save-A-Lot
Groceries
11,355 visits/mo
0.5 miles
Dunkin' Donuts
Dining
10,026 visits/mo
0.4 miles
Demographics for 19133, PA
24,772
Population
10,766
Households
2.3
Avg Household Size
34
Median Age
7%
College-Educated
63%
High-School Grad
1.3 sq mi
ZIP Area
19,055
Density / Sq Mi
$31,756
Median Household Income
$26,563
Median Earnings
$919
Median Rent
$85,100
Median Home Value
Market
Vacancy Rate% for Retail in Philadelphia, PA
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Frequently Asked Questions
What type of property is this?
Storefront property - Turn-key storefront liquor store with an R-Liquor License, large cooler, and ADA bathroom with customer seating.
Where is this storefront property located?
The property is located at 604 W YORK STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: R‑Liquor License included with the turn‑key operation; Customer seating area flows to a back ADA bathroom; Large cooler stocked with liquors and merchandise behind the counter