Corner Beer Deli Building with
6500 PASCHALL AVENUE Philadelphia, PA 19142
New
For Sale
$450,000
Corner retail building with a beer deli ground floor, seating upstairs, and a separate-access two-bedroom apartment.
Property Size3,300 SF
Price / SF$136.36
Days on Market5
Property Features for 6500 PASCHALL AVENUE
General Information
- Standard status
- Active
- Size
- 3,300 SF
- Property subtype
- Business
Building Details
- Year Built
- 1925
Listing Agency:
PK PROPERTY INC.
(215) 668-1666
Listed By:
Peter Han · License #RM422904
(215) 668-1666
Source:
Cummingsrealtors
Added: Jul 21
Changed: Jul 25
Last Checked: Jul 25 at 10:34AM
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 PK PROPERTY INC.
Investment Insights
Based on property information with market context.
This corner “beer deli” is presented as a three-story commercial building. The ground floor operates as the deli and includes a seven-door cooler, a well-equipped kitchen, and bulletproof glass. The business currently sells items such as beer and candy, rather than prepared food, and operates daily from 10 AM to 10 PM.
The second floor provides seating, while the third floor contains a two-bedroom apartment with its own separate entrance for access when the shop is closed. A driveway along the side and rear of the building supports convenient access, and street parking is available on both sides of the corner.
The package is offered as a combined sale that includes the building, licenses, apartment facilities, and the business operations. The ground-floor setup is designed to support high-volume individual beer unit sales, and the property includes separate functionality for the retail and residential components.
The second floor provides seating, while the third floor contains a two-bedroom apartment with its own separate entrance for access when the shop is closed. A driveway along the side and rear of the building supports convenient access, and street parking is available on both sides of the corner.
The package is offered as a combined sale that includes the building, licenses, apartment facilities, and the business operations. The ground-floor setup is designed to support high-volume individual beer unit sales, and the property includes separate functionality for the retail and residential components.
Key Highlights
- 1925‑built corner retail building with beer deli on the ground floor
- Ground‑floor beer deli features a seven‑door cooler and well‑equipped kitchen, secured with bulletproof glass
- Business currently operates 10 AM to 10 PM, owner‑operated with no additional staff; weekly sales average $10,000
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 | $59.4k | $18.00 |
| − Vacancy | −$6.1k | −$1.85 |
| EGI | $53.3k | $16.15 |
| − OpEx | −$16.0k | −$4.84 |
| NOI | $37.3k | $11.30 |
3,300 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$532.8K
$466.2K – $621.6K
NOI $37,297 @ 7.0% cap · market cap 8.29%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$804.5K
$703.9K – $938.6K
NOI $56,314 @ 7.0% cap · market cap 12.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Lucky Beer Deli
Food Market
Similar Off Market Nearby
- Floraltology LLC. — 2601 S 63rd St, Philadelphia, PA 19142
- William Didden Flower Shop — 6401 Lindbergh Blvd., Philadelphia, PA 19142
FAQs
What type of property is this?
Storefront property - Corner retail building with a beer deli ground floor, seating upstairs, and a separate-access two-bedroom apartment.
Where is this storefront property located?
The property is located at 6500 PASCHALL AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1925‑built corner retail building with beer deli on the ground floor; Ground‑floor beer deli features a seven‑door cooler and well‑equipped kitchen, secured with bulletproof glass; Business currently operates 10 AM to 10 PM, owner‑operated with no additional staff; weekly sales average $10,000
