Turnkey Restaurant and
For Sale
$1,950,000
9360 9360-9370 Old Bustleton Ave, Philadelphia, PA 19115
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 Market97
Property Features for 9360 9360-9370 Old Bustleton Ave
General Information
Standard status
Active
Size
7,330 SF
Total Parking Spaces
65
Site & Location
Neighborhood
Northeast Philadelphia
Additional Details
Furnished
Yes
Business Included
Yes
Building Details
Year Built
1958
Listing Agency:
BHHS Fox & Roach-Rosemont
Listed By:
Thomas Martin
(267) 496-0976
Source:
Kableteam
Added: Jul 21
Changed: Oct 7
Last Checked: Oct 7 at 3:26PM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,212
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,124,240
$2.1M
Cap Rate 7%
$1,517,314
$1.5M
Cap Rate 9%
$1,180,133
$1.2M
Market Conditions
NOI Build-Up for 7,330 SF
Gross rent
$153.9K $21.00/SF
− Vacancy
−$12.3K −$1.68/SF
EGI
$141.6K $19.32/SF
− OpEx
−$35.4K −$4.83/SF
NOI
$106.2K $14.49/SF
Area
Philadelphia, PA
Vacancy
8.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,124,240
Cap Rate 7%
$1,517,314
Cap Rate 9%
$1,180,133
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 authorities.
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Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,370
Businesses Nearby
175k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 61%
Leisure 14%
Groceries 13%
Dining 12%
Wawa
Shops & Services
41,640 visits/mo
0.4 miles
Bank of America
Shops & Services
25,452 visits/mo
0.2 miles
Regal UA
Leisure
25,087 visits/mo
0.4 miles
Aldi
Groceries
23,112 visits/mo
0.4 miles
Dollar Tree
Shops & Services
13,777 visits/mo
0.3 miles
Demographics for 19115, PA
35,919
Population
15,071
Households
2.4
Avg Household Size
44
Median Age
37%
College-Educated
92%
High-School Grad
5.2 sq mi
ZIP Area
6,908
Density / Sq Mi
$70,388
Median Household Income
$48,949
Median Earnings
$1,230
Median Rent
$330,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
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
