Corner Three-Story Restaurant
For Sale
$1,400,000
812 W Lancaster Avenue, Bryn Mawr, PA 19010
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 Market334
Property Features for 812 W Lancaster Avenue
General Information
Standard status
Active
Size
5,920 SF
Property subtype
Commercial
Lease Term
[]
Building Details
Year Built
1920
Stories
3
Listing Agency:
BHHS Fox & Roach-Haverford
Listed By:
Christie Paine · License #AB067297
(610) 420-2227
Source:
Deepcreeklake
Added: Nov 21, 2025
Changed: Oct 21
Last Checked: Oct 21 at 12:18AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,084
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,521,680
$1.5M
Cap Rate 7%
$1,086,914
$1.1M
Cap Rate 9%
$845,378
$845.4K
Market Conditions
NOI Build-Up for 5,920 SF
Gross rent
$106.6K $18.00/SF
− Vacancy
−$5.1K −$0.86/SF
EGI
$101.4K $17.14/SF
− OpEx
−$25.4K −$4.28/SF
NOI
$76.1K $12.85/SF
Area
Delaware County, PA
Vacancy
4.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,521,680
Cap Rate 7%
$1,086,914
Cap Rate 9%
$845,378
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 authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,033
Businesses Nearby
176k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Groceries 27%
Dining 16%
Office Supplies 6%
ACME Markets
Groceries
40,249 visits/mo
0.4 miles
Wawa
Shops & Services
32,915 visits/mo
0.3 miles
Sunoco
Shops & Services
18,075 visits/mo
0.1 miles
Staples
Office Supplies
10,644 visits/mo
0.2 miles
Starbucks
Dining
8,505 visits/mo
0.1 miles
Demographics for 19010, PA
21,270
Population
8,520
Households
2.5
Avg Household Size
38
Median Age
77%
College-Educated
98%
High-School Grad
8.5 sq mi
ZIP Area
2,502
Density / Sq Mi
$143,986
Median Household Income
$61,732
Median Earnings
$1,890
Median Rent
$788,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
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
