Corner Three-Story Restaurant
812 W Lancaster Avenue Bryn Mawr, PA 19010
812 W Lancaster Avenue, Bryn Mawr, PA, 19010
$1,400,000
For Sale
$1,400,000
Detached corner building with a former 120-seat restaurant on the first floor and three levels total.
Property Size5,920 SF
Price / SF$236.49
Days on Market132
Property Features for 812 W Lancaster Avenue
General Information
- Standard status
- Active
- Size
- 5,920 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1920
Listing agency
BHHS Fox & Roach-Haverford
Listed by
Christie Paine
Source
Deepcreeklake
Added: Mar 12 Updated: Jul 10 at 1:48PM Checked: Jul 19 at 7:04AM
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 BHHS Fox & Roach-Haverford
Investment Insights
Based on property information with market context.
This property is a single detached corner building with three floors and a total of 5,920 square feet. The first floor was previously operated as a restaurant with 120 seats. The building is being sold as-is and needs rehab.
Public meter parking is available behind a movie theatre. The property is in Bryn Mawr and is near the library, across from WSFS Bank, and close to PNC Bank, the post office, Bryn Mawr Hospital, new development, and two public parking lots.
For buyers or operators looking for a multi-level site with an existing restaurant layout on the first floor, this building offers a defined starting point for re-tenanting or redevelopment. With parking options nearby and multiple nearby services and employers, it can support a range of food and beverage concepts, subject to renovation and any required approvals. The sale includes the property in its current condition, so budgeting for repairs and upgrades is an important part of the due diligence process.
Public meter parking is available behind a movie theatre. The property is in Bryn Mawr and is near the library, across from WSFS Bank, and close to PNC Bank, the post office, Bryn Mawr Hospital, new development, and two public parking lots.
For buyers or operators looking for a multi-level site with an existing restaurant layout on the first floor, this building offers a defined starting point for re-tenanting or redevelopment. With parking options nearby and multiple nearby services and employers, it can support a range of food and beverage concepts, subject to renovation and any required approvals. The sale includes the property in its current condition, so budgeting for repairs and upgrades is an important part of the due diligence process.
Key Highlights
- Detached corner building built in 1920 with 3 floors and a total of 5,920 sq ft
- First‑floor former restaurant with seating capacity for 120
- Public meter parking available behind the movie theatre
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 | $106.6k | $18.00 |
| − Vacancy | −$5.1k | −$0.86 |
| EGI | $101.4k | $17.14 |
| − OpEx | −$25.4k | −$4.28 |
| NOI | $76.1k | $12.85 |
5,920 SF · lease $18.00/SF/yr · vacancy 4.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.09M
$951.1K – $1.27M
NOI $76,084 @ 7.0% cap · market cap 5.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M
NOI $125,642 @ 7.0% cap · market cap 8.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Detached corner building with a former 120-seat restaurant on the first floor and three levels total.
Where is this conventional restaurant located?
The property is located at 812 W Lancaster Avenue Bryn Mawr, PA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Detached corner building built in 1920 with 3 floors and a total of 5,920 sq ft; First‑floor former restaurant with seating capacity for 120; Public meter parking available behind the movie theatre
