Operating Pizzeria
New
For Sale
$350,000
871 GAP NEWPORT PIKE #3, Avondale, PA 19311
An established restaurant operation is offered separately from the real estate.
Property Size3,000 SF
Price / SF$116.67
Days on Market5
Property Features for 871 GAP NEWPORT PIKE #3
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Business
Additional Details
Business Included
Yes
Building Details
Year Built
2000
Listing Agency:
Howard Hanna The Frederick Group
Listed By:
Marine Gabunia
(610) 398-0411
Source:
Cummingsrealtors
Added: Oct 14
Changed: Oct 16
Last Checked: Oct 16 at 2:17PM
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 Howard Hanna The Frederick Group
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.
The offering is an established, currently operating pizzeria business in Avondale, Pennsylvania. The sale covers the business only; the real estate is not included.
The operation has an existing customer base and a history of ongoing sales.
The operation has an existing customer base and a history of ongoing sales.
Key Highlights
- Established pizzeria with ongoing operations
- Business sale excludes the real estate
- Existing customer base
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,624
Cap Rate
8.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$592,480
$592.5K
Cap Rate 7%
$423,200
$423.2K
Cap Rate 9%
$329,156
$329.2K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$42.8K $14.28/SF
− Vacancy
−$3.3K −$1.11/SF
EGI
$39.5K $13.17/SF
− OpEx
−$9.9K −$3.29/SF
NOI
$29.6K $9.87/SF
Area
Chester County, PA
Vacancy
7.80%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$592,480
Cap Rate 7%
$423,200
Cap Rate 9%
$329,156
Alternative Uses
Best Use
Specialty Retail
$423.2K
$370.3K – $493.7K
NOI $29,624 @ 7.0% cap · market cap 8.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$909.6K
$795.9K – $1.06M
NOI $63,670 @ 7.0% cap · market cap 18.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
207
Businesses Nearby
79k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 67%
Dining 33%
Wawa
Shops & Services
45,081 visits/mo
0.3 miles
Perkins Restaurant & Bakery
Dining
14,225 visits/mo
0.5 miles
Taco Bell
Dining
11,407 visits/mo
0.3 miles
Pet Supplies Plus
Shops & Services
6,375 visits/mo
0.4 miles
Camp Bow Wow
Shops & Services
1,006 visits/mo
0.3 miles
Demographics for 19311, PA
9,556
Population
3,941
Households
2.4
Avg Household Size
36
Median Age
53%
College-Educated
85%
High-School Grad
12.5 sq mi
ZIP Area
764
Density / Sq Mi
$146,723
Median Household Income
$52,606
Median Earnings
$1,397
Median Rent
$524,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Restaurant - An established restaurant operation is offered separately from the real estate.
Where is this restaurant located?
The property is located at 871 GAP NEWPORT PIKE #3 Avondale, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Established pizzeria with ongoing operations; Business sale excludes the real estate; Existing customer base
