Turnkey Restaurant and
9360 9360-9370 Old Bustleton Ave Philadelphia, PA 19115
New
9360 9360-9370 Old Bustleton Ave, Philadelphia, PA, 19115
$1,950,000
For Sale
$1,950,000
Turnkey restaurant and bar with two dining rooms, banquet room, full kitchen and bar equipment, plus an apartment.
Property Size7,330 SF
Price / SF$266.03
Days on Market3
Property Features for 9360 9360-9370 Old Bustleton Ave
General Information
- Standard status
- Active
- Size
- 7,330 SF
Building Details
- Year Built
- 1958
Listing agency
BHHS Fox & Roach-Rosemont
(267) 525-7900
Listed by
Thomas Martin
Source
Kandorre
Added: Jul 21 Updated: Jul 22 at 8:16PM Checked: Jul 22 at 8:16PM
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-Rosemont
Investment Insights
Based on property information with market context.
This fully turnkey restaurant and bar is set up for immediate operation, featuring two dining rooms, a banquet room, and a full bar. The sale includes commercial kitchen appliances and bar equipment, along with refrigeration, prep stations, and dining furniture. The property is also described as having a flexible floor plan suitable for dining, entertainment, private events, or rebranding to fit a new concept.
Located at 9360–9370 Old Bustleton Ave in Philadelphia, the property is presented as a high-visibility site with strong accessibility. It includes 65 parking spaces designed to accommodate guests during peak hours and special events.
In addition to the dining space, the property also includes an apartment. A liquor license is noted as available at an additional price. Please arrange showings through the listing agent and do not speak with staff regarding the sale.
Located at 9360–9370 Old Bustleton Ave in Philadelphia, the property is presented as a high-visibility site with strong accessibility. It includes 65 parking spaces designed to accommodate guests during peak hours and special events.
In addition to the dining space, the property also includes an apartment. A liquor license is noted as available at an additional price. Please arrange showings through the listing agent and do not speak with staff regarding the sale.
Key Highlights
- Turnkey restaurant and bar built in 1958, including existing kitchen and bar equipment, furnishings, and fixtures
- Floor plan includes two dining rooms plus a banquet room and a bar
- Includes commercial kitchen appliances, bar equipment, refrigeration, prep stations, and dining furniture
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $153.9k | $21.00 |
| − Vacancy | −$12.3k | −$1.68 |
| EGI | $141.6k | $19.32 |
| − OpEx | −$35.4k | −$4.83 |
| NOI | $106.2k | $14.49 |
7,330 SF · lease $21.00/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.52M
$1.33M – $1.77M
NOI $106,212 @ 7.0% cap · market cap 5.45%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.79M
$1.56M – $2.08M
NOI $125,086 @ 7.0% cap · market cap 6.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Turnkey restaurant and bar with two dining rooms, banquet room, full kitchen and bar equipment, plus an apartment.
Where is this conventional restaurant located?
The property is located at 9360 9360-9370 Old Bustleton Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Turnkey restaurant and bar built in 1958, including existing kitchen and bar equipment, furnishings, and fixtures; Floor plan includes two dining rooms plus a banquet room and a bar; Includes commercial kitchen appliances, bar equipment, refrigeration, prep stations, and dining furniture
