7402 Germantown Avenue, Philadelphia, PA 19119
Turnkey restaurant with a fully equipped kitchen and landscaped patio, set within a landmark historic building.
- Added:
- Apr 13, 2026
- Days on Market:
- 64
- Last Refresh:
- Jun 14 at 2:03 am
Property Features for 7402 Germantown Avenue
General Information
- Standard status
- Active
- Size
- 3,990 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1875
Listing agent Neema Kashi (610) 329-5475
Listing office MSC Retail, Inc. (610) 329-5475
Listing date Apr 13, 2026
Source Xome
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 MSC Retail, Inc.
HighLights
- Turnkey restaurant property (approx. 3,900 SF) in the historic Cresheim Cottage at 7402 Germantown Avenue
- Fully equipped commercial kitchen with hood system, grease trap, and dedicated pastry station
- Zoning: CMX2; on‑street parking available
- Multiple dining rooms plus private event spaces
- Landscaped outdoor patio for dining and events
- Year built: 1875; lot dimensions: 71.00 x 110.00
Overview
The property is situated at the prominent corner of Germantown Avenue and Gowen Avenue along a walkable commercial corridor between the Chestnut Hill and Mount Airy neighborhoods.
This offering is well-suited for a restaurateur or hospitality operator seeking a ready-to-run facility, with core food-service systems already in place. It can also fit investors and buyers looking to acquire a distinctive, destination-style restaurant building that pairs multiple interior dining areas and private event space with an outdoor patio.
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 | $83.8k | $21.00 |
| − Vacancy | −$6.7k | −$1.68 |
| EGI | $77.1k | $19.32 |
| − OpEx | −$19.3k | −$4.83 |
| NOI | $57.8k | $14.49 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.1932112
- Latitude
- 40.0626699
