Bar and Restaurant
7312-16 CASTOR Avenue Philadelphia, PA 19152
7312-16 CASTOR Avenue, Philadelphia, PA, 19152
$1,700,000
For Sale
$1,700,000
Commercial Sale - PHILADELPHIA, PA
Property Size10,672 SF
Lot Size0.09 Acres
Price / SF$159.30
Days on Market48
Property Features for 7312-16 CASTOR Avenue
General Information
- Property type
- Other
- Property subtype
- Retail
- Parking
- 20
- Parking features
- Parking Lot
- Standard status
- Active
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 16542
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1950
- Number of units
- 2
- Building materials
- Masonry
Listing agency
RE/MAX 2000
(215) 698-2000
Listed by
Carlos Cesar · License #AB067071
(215) 698-3987
Added: Jun 4 Updated: Jun 9 at 12:19PM Checked: Jul 21 at 8:06AM
MLS# PAPH2630316
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.
Investment Insights
Based on property information with market context.
For sale: a multi-level bar and restaurant building at 7312-16 Castor Avenue in Philadelphia. The property is offered as real estate only and includes approximately 10,672 square feet of commercial space on the main level, with additional professional spaces on the second floor. The layout is designed to support a bar and restaurant operation, with room to organize dining and bar-focused areas on the primary level and to use the upper floor for business-related functions.
The building is positioned in the Castor Ave business corridor within the Rhawnhurst section of Northeast Philadelphia. The listing notes a separate property next door at 7318 Castor Avenue is available for sale either separately or as a package. Please do not approach tenant or staff with questions regarding the sale.
The property sits on a lot size of 0.0888 acres and is being presented for buyers seeking an established, real-estate-only acquisition with multi-level operating space.
The building is positioned in the Castor Ave business corridor within the Rhawnhurst section of Northeast Philadelphia. The listing notes a separate property next door at 7318 Castor Avenue is available for sale either separately or as a package. Please do not approach tenant or staff with questions regarding the sale.
The property sits on a lot size of 0.0888 acres and is being presented for buyers seeking an established, real-estate-only acquisition with multi-level operating space.
Key Highlights
- Commercial property with approximately 10,672 SF of space on the main level for bar and restaurant use
- Includes additional professional space on the second floor for administration, private events, or other business functions
- Masonry construction with forced‑air heating and central air
Local 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 | $224.1k | $21.00 |
| − Vacancy | −$17.9k | −$1.68 |
| EGI | $206.2k | $19.32 |
| − OpEx | −$51.5k | −$4.83 |
| NOI | $154.6k | $14.49 |
10,672 SF · lease $21.00/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.21M
$1.93M – $2.58M
NOI $154,637 @ 7.0% cap · market cap 9.10%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$2.60M
$2.28M – $3.04M
NOI $182,117 @ 7.0% cap · market cap 10.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bars & Pubs
Similar For Sale Nearby
Similar Off Market Nearby
- Sergio’s Restaurant and Burger - Philadelphia — 6905 Castor Ave, Philadelphia, PA 19149
- Montana Grill Restaurant — 1502 Unruh Ave, Philadelphia, PA 19111
- Cantinho da Dany — 1424 Unruh Ave, Philadelphia, PA 19111
- Buteco do Renato — 7108 Kindred St, Philadelphia, PA 19149
- New Color. BAR — 6734 Castor Ave, Philadelphia, PA 19149
FAQs
What type of property is this?
Bar & Pub - Multi-level bar and restaurant building with main-level commercial space and professional second-floor areas.
Where is this bar & pub located?
The property is located at 7312-16 CASTOR Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Commercial property with approximately 10,672 SF of space on the main level for bar and restaurant use; Includes additional professional space on the second floor for administration, private events, or other business functions; Masonry construction with forced‑air heating and central air
