Building Details

Year built 1954

Building materials Combination

Listing Agency: Keller Williams Main Line · Keller Williams Realty k***@kw.com Show Phone

Listed By: Bryan Clay · License #RS345751 Show Phone

Added: Oct 19 Changed: Oct 23 Last Checked: Oct 24 at 12:06AM

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MLS# PADE2126142

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This bar and pub property includes an approximately 1,200-square-foot building and a Pennsylvania R liquor license. The structure dates to 1954 and has forced-air heating and central air conditioning. The property occupies 0.213 acres and was formerly operated as a tavern with more than 30 years of operating history.

At 611 South Avenue in Secane, the site is directly across from the Secane SEPTA Station. Its street-front position places the building along a local corridor and near commuter rail service.

Key Highlights

• Approximately 1,200 SF building on 0.213 acres
• Pennsylvania R liquor license included
• Across from the Secane SEPTA Station at 611 South Avenue

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$15,422

Cap Rate

3.18%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$308,440 $308.4K

Cap Rate 7%

$220,314 $220.3K

Cap Rate 9%

$171,356 $171.4K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,200 SF

Gross rent

$21.6K $18.00/SF

− Vacancy

−$1.0K −$0.86/SF

EGI

$20.6K $17.14/SF

− OpEx

−$5.1K −$4.28/SF

NOI

$15.4K $12.85/SF

Area

Delaware County, PA

Vacancy

4.80%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$308,440

Cap Rate 7%

$220,314

Cap Rate 9%

$171,356

Alternative Uses

Best Use

Specialty Retail

$220.3K

$192.8K – $257.0K (±1% cap)

NOI $15,422 @ 7.0% cap · market cap 3.18%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$363.8K

$318.4K – $424.5K (±1% cap)

NOI $25,468 @ 7.0% cap · market cap 5.25%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Liquor license

Location Intelligence

Trade Area within ½ mile

391

Businesses Nearby

22k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Groceries 84% Shops & Services 16%

Price Rite Groceries

18,795 visits/mo 0.5 miles

Pantry Shops & Services

3,489 visits/mo 0.1 miles

Demographics for 19018, PA

23,664

Population

10,201

Households

2.3

Avg Household Size

38

Median Age

30%

College-Educated

92%

High-School Grad

2.7 sq mi

ZIP Area

8,764

Density / Sq Mi

$73,451

Median Household Income

$46,387

Median Earnings

$1,346

Median Rent

$215,400

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Similar Off Market Nearby

• Beverage Control Solutions
• 39 North Taproom and Grille — 110 S MacDade Blvd, Glenolden, PA 19036
• Secane Station Tavern — 611 South Ave, Secane, PA 19018
• Stingers Restaurant & Bar — 925 Providence Rd, Secane, PA 19018
• The Delco Kup — 209 Baltimore Pike, Springfield, PA 19064

Frequently Asked Questions

What type of property is this?

Bar & Pub - A Pennsylvania R liquor license is included with the property.

Where is this bar & pub located?

The property is located at 611 SOUTH Avenue Secane, PA.

What is the asking price?

The asking price for this property is $485,000.

What are key features of this property?

This property features: Approximately 1,200 SF building on 0.213 acres; Pennsylvania R liquor license included; Across from the Secane SEPTA Station at 611 South Avenue