0 Gap Newport Pike, Avondale, PA 19311
This exceptional 4,500 square foot freestanding restaurant boasts a 4.5-star rating and includes a valuable liquor license. Situated on 1.1 acres of land, this property offers significant potential. Its prime location provides easy access to major highways including Route 1 (connecting Pennsylvania and Maryland), Route 41 (leading to Wilmington, Delaware), and the Interstate 95 interchange. The restaurant benefits from its proximity to thriving areas such as Kennet Square and New Garden Town Center, along with amenities like CVS, Hartefeld National Golf Course, Tractor Supply, and New Garden Airport. This "A" rated location in a highly desirable suburban area is experiencing robust residential growth, with a 14% increase in just one year. This continued growth fuels high demand for restaurants, quick-service restaurants, grocery stores, medical facilities, retail spaces, office space, and light industrial uses. The property enjoys high-volume traffic frontage on Route 41 in New Garden Township, Pennsylvania. The property is available as a going concern or for redevelopment and conversion to a land lease, presenting a unique opportunity for investors and developers alike.
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 Sale
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.