Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    3981 Kensington Ave Philadelphia, PA 19124

    Sponsored
    For Lease
    Contact for pricing

    ±2,624 SF Freestanding Restaurant, Drive-Thru

    Lot size:
    2,624 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This ±2,624 square foot freestanding building presents a unique opportunity in Philadelphia, Pennsylvania. Situated on a 0.58-acre lot at the signalized intersection of Kensington and Hunting Park Avenues, this former fast food/quick service restaurant boasts excellent visibility and accessibility. The property features a pre-existing drive-thru lane, a significant advantage for potential food service operators. Ample parking is available with 33 surface-level spaces. The building is offered for lease, ground lease, or sale, providing flexibility for various investment strategies. Located in Philadelphia County, at 3981 Kensington Avenue, zip code 19124, this property is ideally positioned to capitalize on the area's existing infrastructure and potential for growth. The single-tenant building offers a substantial footprint for a variety of uses, making it an attractive option for entrepreneurs and established businesses alike. Its prime location and existing features make it a ready-to-go space, minimizing upfront investment and maximizing potential return. The property's prominent street frontage ensures high visibility, attracting significant foot and vehicle traffic. This is an exceptional opportunity to acquire a well-located commercial property with significant potential.

    Property Features for 3981 Kensington Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,624 SF

    Unit(s) available at that property

    Space
    Size
    2,624 SF

    HighLights

    • Excellent SEPTA Market‑Frankford Line accessibility via Erie‑Torresdale Station.
    • High traffic count: approximately 6,806 ADT on Kensington Avenue.
    • Strong residential population density.
    • Surrounded by national and regional retail anchors including McDonald's, AutoZone, Dunkin', Rite Aid, Save‑A‑Lot, Aldi, Santander, and Family Dollar.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.093895373779
    Latitude
    40.006938850794

    Nearby Similar for Lease

    • $12,000 /Mo
      44,431 SF

      Germantown Office Space for Lease

      Move-in ready office space in Philadelphia's Germantown neighborhood.
      53-69 E Armat St, Philadelphia, PA 19144
      View Details
    • $50,000
      23,958 SF

      Retail Space on Girard Avenue

      New commercial space in luxury residential project near Philadelphia.
      1000 W Girard Ave, Philadelphia, PA 19123
      View Details
    • $8,000 /Mo
      44,431 SF

      Philadelphia Office Space For Lease

      Versatile office space in Philadelphia, ideal for call center.
      53-69 E Armat St Unit, Philadelphia, PA 19144
      View Details
    • $7,333 /Mo
      28,314 SF

      Prime Philadelphia Retail/Office Space

      Retail and office spaces available along the Delaware River Front.
      3-7 N Columbus Blvd, Philadelphia, PA 19106
      View Details
    • $5,600 /Mo
      2,178 SF

      Pine Street Commercial Space Available

      Renovated commercial space in Washington Square West's Antique Row.
      1108 Pine St, Philadelphia, PA 19107
      View Details
    • $8,000 /Mo
      44,431 SF

      Germantown Commercial Space for Lease

      Spacious first-floor commercial space suitable for diverse professional uses.
      53-69 E Armat St Unit, Philadelphia, PA 19144
      View Details
    • $15,000 /Mo

      Retail Space in Philadelphia

      Retail space available for lease in Philadelphia, PA 19107.
      1111 Walnut St, Philadelphia, PA 19107
      View Details
    • $2,100 /Mo
      1,307 SF

      Commercial Space in Cobbs Creek

      Renovated commercial space suitable for various businesses, available in March.
      622 S 60Th St, Philadelphia, PA 19143
      View Details
    • $3,200 /Mo

      Prime Old City Retail Space

      High-visibility retail space in Philadelphia's historic Old City neighborhood.
      58 N 2Nd St, Philadelphia, PA 19106
      View Details
    • $2,795 /Mo

      Versatile Flex Space in Old City

      Spacious 3-level apartment with street-level access in historic Old City.
      107 Arch St, Philadelphia, PA 19106
      View Details
    • $2,900 /Mo

      Equipped Restaurant Space Available

      Turnkey restaurant space for lease in Philadelphia, PA.
      1605 E Wadsworth Ave, Philadelphia, PA 19150
      View Details
    • $2,200 /Mo
      1,307 SF

      Germantown Avenue Retail/Office Space

      Two-level retail/office space in Philadelphia's Germantown neighborhood.
      6761 Germantown Ave, Philadelphia, PA 19119
      View Details

    FAQs

    What type of property is this?
    Restaurant - ±2,624 SF Freestanding Restaurant, Drive-Thru
    Where is this restaurant located?
    The property is located at 3981 Kensington Ave Philadelphia, PA.
    What are key features of this property?
    This property features: Excellent SEPTA Market-Frankford Line accessibility via Erie-Torresdale Station.; High traffic count: approximately 6,806 ADT on Kensington Avenue.; Strong residential population density.
    Request Owner's contact information
    3981 Kensington Ave Philadelphia, PA 19124
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3981 Kensington Ave
    Philadelphia, PA 19124
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3981 Kensington Ave Philadelphia, PA 19124
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.