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32 Erford Rd Camp Hill, PA 17011

OFF-MARKET Retail properties & Spaces Google Maps
1,400 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This thriving pizza restaurant presents a lucrative investment opportunity in Camp Hill, Pennsylvania. Located at 32 Erford Road, this 1,400 square foot, Class B retail space is situated in a high-traffic area near major corporations like Rite Aid, and boasts convenient access to Route 15 and the Harvey Taylor Bridge. The property benefits from its proximity to numerous multi-family residential communities and professional office buildings, ensuring a consistent customer base. The restaurant features 45 seats and offers both dine-in and takeout services. It's fully equipped and furnished, ready for immediate operation. A detailed equipment list and tax returns are available for serious buyers. The current lease, a NNN agreement, runs until February 28, 2027, with an option in place. The asking price is $225,000, translating to $160.71 per square foot. The owner is selling due to retirement. This is a turn-key operation in a prime location with a proven track record of success, making it an ideal acquisition for an experienced restaurateur or savvy investor. The restaurant is part of a larger 4,440 square foot commercial building. Monthly rent in 2021 was $4,000 plus expenses. The property is zoned for commercial use. This is a single-story building with ample customer parking directly in front.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,400 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering Catering Service
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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