Woodland Ave Springfield, PA 19064
This exceptional opportunity presents a landmark full-service restaurant business and building for sale in the thriving Springfield, PA market. Established in 1975, this well-regarded restaurant boasts a loyal customer base, serving breakfast, lunch, dinner, and dessert to Springfield and surrounding communities. The business enjoys a highly visible location on Route 420, a major thoroughfare within the bustling shopping district of the old Golden Mile, ensuring high foot traffic and accessibility. Its proximity to multiple schools (high school, middle school, and several elementary schools) further enhances its strategic positioning. The sale includes a substantial 4,200 square foot building, recently remodeled in 2016, offering a turnkey operation for a new owner. The building features a large, finished basement, providing ample storage space. Extensive parking is available on the approximately 0.08-acre lot, accommodating 35+ vehicles, including dedicated employee parking. The current operating hours are Monday-Thursday and Sunday from 8:00 AM to 9:00 PM, and Friday and Saturday from 8:00 AM to 10:00 PM. The seller is motivated to sell due to retirement, presenting a rare chance to acquire a profitable, established business with significant growth potential in a desirable location. The asking price is $2,200,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.