Two-Level Bar and
7318 CASTOR Avenue Philadelphia, PA 19152
For Sale
$900,000
Commercial Sale - PHILADELPHIA, PA
Property Size5,600 SF
Lot Size0.18 Acres
Price / SF$160.71
Days on Market57
Property Features for 7318 CASTOR Avenue
General Information
Property type
Other
Property subtype
Retail
Parking features
Parking Lot
Standard status
Active
Lot size
0.18 Acres
Taxes and HOA fees
Tax Annual Amount
8611
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1950
Number of units
4
Building materials
Masonry
Listing Agency:
RE/MAX 2000
(215) 698-2000
Listed By:
Carlos Cesar · License #AB067071
(215) 698-3987
Added: Jun 4
Changed: Jun 9
Last Checked: Jul 30 at 2:06AM
MLS# PAPH2630396
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, real estate only: a two-level bar and restaurant property offering approximately 5,600 square feet of commercial space. The main level is set up for bar and dining operations with a spacious, flexible layout designed to accommodate different service concepts, including bar setups and dedicated customer areas. The property also includes professional space on the second floor, providing additional room for business-related functions.
Located in the Castor Ave business corridor within the Rhawnhurst subdivision of Northeast Philadelphia, the building is configured to support more than one use through its multi-level design. The second level is as big as the main level and is currently occupied by another tenant or institution.
This asset is best suited for an owner-operator or investor seeking a bar and restaurant building with a substantial main-floor footprint and an additional, similarly sized second-floor space under separate occupancy. Buyers should plan to coordinate diligence accordingly, noting that the second-floor area is occupied. The property next door at 7312-16 Castor Ave is also being offered for sale separately or as part of a package.
Located in the Castor Ave business corridor within the Rhawnhurst subdivision of Northeast Philadelphia, the building is configured to support more than one use through its multi-level design. The second level is as big as the main level and is currently occupied by another tenant or institution.
This asset is best suited for an owner-operator or investor seeking a bar and restaurant building with a substantial main-floor footprint and an additional, similarly sized second-floor space under separate occupancy. Buyers should plan to coordinate diligence accordingly, noting that the second-floor area is occupied. The property next door at 7312-16 Castor Ave is also being offered for sale separately or as part of a package.
Key Highlights
- Approximately 5,600 SF commercial space suited for a bar and restaurant business
- Masonry construction with central heating and central air
- Main level offers ample space for bar, dining, and other customer‑facing areas
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 | $117.6k | $21.00 |
| − Vacancy | −$9.4k | −$1.68 |
| EGI | $108.2k | $19.32 |
| − OpEx | −$27.0k | −$4.83 |
| NOI | $81.1k | $14.49 |
5,600 SF · lease $21.00/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.16M
$1.01M – $1.35M
NOI $81,144 @ 7.0% cap · market cap 9.02%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.37M
$1.19M – $1.59M
NOI $95,563 @ 7.0% cap · market cap 10.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
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
Frequently Asked Questions
What type of property is this?
Bar & Pub - For sale real estate with a large main level and a second-floor space occupied by another tenant or institution.
Where is this bar & pub located?
The property is located at 7318 CASTOR Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Approximately 5,600 SF commercial space suited for a bar and restaurant business; Masonry construction with central heating and central air; Main level offers ample space for bar, dining, and other customer‑facing areas
