Corner Restaurant with Outdoor
924 N Bethlehem Pike, Ambler, PA 19002
For Sale
New
$1,250,000
Dining space accommodates about 64 guests indoors, with additional seating on a patio beneath a retractable electric awning.
Property Size1,865 SF
Price / SF$670.24
Days on Market2
Property Features for 924 N Bethlehem Pike
General Information
Standard status
Size
Total Parking Spaces
Zoning
Restaurant
Seating Capacity
Hood Type
Commercial Hood
Patio
Taxes and HOA fees
Annual Taxes
Amenities
Tile/Brick
Natural Gas
Yes
2
Corner,Road Frontage
Public
0.75
No
Estimated
Parking Lot
40
1865.00
Building Details
Building Size
Year Built
Listing Agency:
Coldwell Banker Realty
(610) 828-9558
Listed By:
Nicholas Stampone
Source:
Smartwayamerica
Added: Nov 8
Last Checked: Nov 8 at 2:29PM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This restaurant property contains 1,865 square feet and was built in 1960. Indoor seating is configured for approximately 64 guests, with additional outdoor dining on a patio fitted with a retractable electric awning. Existing restaurant equipment includes a Type I commercial grease hood and a large walk-in refrigerator. The property is offered in as-is condition and is zoned D & LPO.
The site occupies a corner along N. Bethlehem Pike and includes approximately 40 on-site parking spaces. Spring House Village Shopping Center is about 0.5 miles away; Wissahickon High School, Lower Gwynedd Elementary School, the Ambler YMCA, and the Janssen Biotech pharmaceutical campus are each approximately 1.25 miles away. Seller financing or a lease option may be considered.
The site occupies a corner along N. Bethlehem Pike and includes approximately 40 on-site parking spaces. Spring House Village Shopping Center is about 0.5 miles away; Wissahickon High School, Lower Gwynedd Elementary School, the Ambler YMCA, and the Janssen Biotech pharmaceutical campus are each approximately 1.25 miles away. Seller financing or a lease option may be considered.
Key Highlights
- 1,865‑square‑foot restaurant property built in 1960
- Indoor dining capacity for approximately 64 guests, plus outdoor patio seating
- Retractable electric awning covers the patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,094
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,501,880
$1.5M
Cap Rate 7%
$1,072,771
$1.1M
Cap Rate 9%
$834,378
$834.4K
Market Conditions
NOI Build-Up for 1,865 SF
Gross rent
$104.5K $56.04/SF
− Vacancy
−$4.4K −$2.35/SF
EGI
$100.1K $53.69/SF
− OpEx
−$25.0K −$13.42/SF
NOI
$75.1K $40.26/SF
Area
Montgomery County, PA
Vacancy
4.20%
Lease Rate
$56.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,501,880
Cap Rate 7%
$1,072,771
Cap Rate 9%
$834,378
Alternative Uses
Best Use
Specialty Retail
$1.07M
$938.7K – $1.25M
NOI $75,094 @ 7.0% cap · market cap 6.01%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
729
Businesses Nearby
85k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 54%
Shops & Services 26%
Dining 19%
Electronics 1%
Whole Foods Market
Groceries
45,524 visits/mo
0.5 miles
Wawa
Shops & Services
18,286 visits/mo
0.3 miles
Starbucks
Dining
16,278 visits/mo
0.4 miles
Bergey's Ford of Ambler
Shops & Services
2,293 visits/mo
0.4 miles
KeyBank
Shops & Services
1,182 visits/mo
0.2 miles
Demographics for 19002, PA
33,279
Population
12,607
Households
2.6
Avg Household Size
44
Median Age
67%
College-Educated
98%
High-School Grad
20.2 sq mi
ZIP Area
1,647
Density / Sq Mi
$140,070
Median Household Income
$70,319
Median Earnings
$1,605
Median Rent
$558,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Restaurants in Montgomery County, PA
Properties on Market for Restaurants in Montgomery County
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Chewy's food truck/Restaurant — 924 N Bethlehem Pike, Spring House, PA 19002
Frequently Asked Questions
What type of property is this?
Restaurant - Dining space accommodates about 64 guests indoors, with additional seating on a patio beneath a retractable electric awning.
Where is this restaurant located?
The property is located at 924 N Bethlehem Pike Ambler, PA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 1,865‑square‑foot restaurant property built in 1960; Indoor dining capacity for approximately 64 guests, plus outdoor patio seating; Retractable electric awning covers the patio
