Approved Coffee Shop Space in Historic
For Sale
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7900 OLD YORK ROAD, Elkins Park, PA 19027
Approved multi-use coffee shop space in a historic building, with township zoning approval and health department requirements nearing completion.
Property Size1,000 SF
Price / SF$2.00
Days on Market100
Property Features for 7900 OLD YORK ROAD
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Commercial
Building Details
Year Built
1957
Listing Agency:
Vylla Home
(856) 206-0413
Listed By:
Shcarra Colquitt · License #RS353380
(215) 570-2222
Source:
Cummingsrealtors
Added: Jul 28
Changed: Nov 3
Last Checked: Nov 3 at 8:05AM
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 Vylla Home
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Investment Insights
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Approved multi-use coffee shop space is available to lease or through a strategic partnership model within the historic Elkins Park House. The space has completed township zoning approval for coffee shop use and is in the final stages of Health Department requirements, supporting a faster path to opening for a new operator.
The property is located at 7900 Old York Road in Elkins Park, PA 19027. The building dates to 1957, and the available space is listed at 1,000 SF.
This location is intended to serve an operator expanding an existing brand, establishing a satellite concept, or partnering with a complementary coffee, café, or bakery-style business.
The property is located at 7900 Old York Road in Elkins Park, PA 19027. The building dates to 1957, and the available space is listed at 1,000 SF.
This location is intended to serve an operator expanding an existing brand, establishing a satellite concept, or partnering with a complementary coffee, café, or bakery-style business.
Key Highlights
- Township zoning approval completed for coffee shop use
- Health Department requirements are in the final stages
- Available to lease or via strategic partnership
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,265
Suggested Prices Based on Cap Rates
Cap Rate 5%
$805,300
$805.3K
Cap Rate 7%
$575,214
$575.2K
Cap Rate 9%
$447,389
$447.4K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$56.0K $56.04/SF
− Vacancy
−$2.4K −$2.35/SF
EGI
$53.7K $53.69/SF
− OpEx
−$13.4K −$13.42/SF
NOI
$40.3K $40.26/SF
Area
Montgomery County, PA
Vacancy
4.20%
Lease Rate
$56.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$805,300
Cap Rate 7%
$575,214
Cap Rate 9%
$447,389
Alternative Uses
Best Use
Specialty Retail
$575.2K
$503.3K – $671.1K
NOI $40,265 @ 7.0% cap · market cap 2,013.25%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
711
Businesses Nearby
15k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 90%
Electronics 10%
Sunoco
Shops & Services
13,979 visits/mo
0.2 miles
T-Mobile
Electronics
1,497 visits/mo
0.4 miles
Demographics for 19027, PA
19,170
Population
8,550
Households
2.2
Avg Household Size
43
Median Age
56%
College-Educated
97%
High-School Grad
3.9 sq mi
ZIP Area
4,915
Density / Sq Mi
$105,190
Median Household Income
$52,970
Median Earnings
$1,439
Median Rent
$348,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Tsaocaa bubble tea — 7320 Old York Rd Suite 107, Elkins Park, PA 19027
- Graves hotel — 7810 Lafayette Ave, Melrose Park, PA 19027
- Elkins Nutrition — 7903 High School Rd, Elkins Park, PA 19027
- Chef Vargas — 7900 Old York Rd, Elkins Park, PA 19027
- Edible Arrangements — 8120 Old York Rd, Elkins Park, PA 19027
Frequently Asked Questions
What type of property is this?
Coffee shop - Approved multi-use coffee shop space in a historic building, with township zoning approval and health department requirements nearing completion.
Where is this coffee shop located?
The property is located at 7900 OLD YORK ROAD Elkins Park, PA.
What are key features of this property?
This property features: Township zoning approval completed for coffee shop use; Health Department requirements are in the final stages; Available to lease or via strategic partnership
