Restaurant and Bakery on 1.7
For Sale
Contact for pricing
910 W Penn Ave, Robesonia, PA 19551
8,922 SF restaurant and bakery with large parking field.
Property Size8,922 SF
Lot Size1.70 Acres
Price / SF$179.33
Days on Market934
Property Features for 910 W Penn Ave
General Information
Standard status
Active
Size
8,922 SF
Lot size
1.70 Acres
Property subtype
Retail
Listing Agency:
Zommick McMahon Commercial Real Estate Inc
Listed By:
James Pinckney · License #Pennsylvania AB068954
(610) 359-1100
Source:
Crexi
Added: Apr 1, 2024
Changed: Oct 16
Last Checked: Oct 20 at 8:24PM
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 Zommick McMahon Commercial Real Estate Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property features an 8,922-square-foot restaurant and bakery situated on 1.7 acres. The location offers excellent visibility and frontage on heavily traveled West Penn Avenue, also known as Route 422. A large parking field is available. The property has a long-standing history as a restaurant.
Key Highlights
- High‑visibility location with frontage on heavily traveled Rt 422
- Large 8,922 SF restaurant and bakery space
- Substantial 1.7‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,781
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,775,620
$1.8M
Cap Rate 7%
$1,268,300
$1.3M
Cap Rate 9%
$986,456
$986.5K
Market Conditions
NOI Build-Up for 8,922 SF
Gross rent
$125.3K $14.04/SF
− Vacancy
−$6.9K −$0.77/SF
EGI
$118.4K $13.27/SF
− OpEx
−$29.6K −$3.32/SF
NOI
$88.8K $9.95/SF
Area
Berks County, PA
Vacancy
5.50%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,775,620
Cap Rate 7%
$1,268,300
Cap Rate 9%
$986,456
Alternative Uses
Best Use
Specialty Retail
$1.27M
$1.11M – $1.48M
NOI $88,781 @ 7.0% cap · market cap 5.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.46M
$1.28M – $1.71M
NOI $102,524 @ 7.0% cap · market cap 6.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19551, PA
5,075
Population
1,882
Households
2.7
Avg Household Size
45
Median Age
25%
College-Educated
90%
High-School Grad
25.3 sq mi
ZIP Area
201
Density / Sq Mi
$87,932
Median Household Income
$51,425
Median Earnings
$1,006
Median Rent
$248,800
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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - 8,922 SF restaurant and bakery with large parking field.
Where is this conventional restaurant located?
The property is located at 910 W Penn Ave Robesonia, PA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: High‑visibility location with frontage on heavily traveled Rt 422; Large 8,922 SF restaurant and bakery space; Substantial 1.7‑acre lot
