0 000000 Media, PA 19063
This iconic Italian restaurant in Media, Pennsylvania, presents a rare opportunity for ownership. Boasting a prime location with over 60,000 cars passing daily, this landmark establishment has been a community favorite for over 50 years. The 5,000 square foot, two-story building sits on a 12,000 square foot lot and is zoned B - General Business District. A recent 2021 renovation ensures a modern and efficient operation. The main dining room comfortably seats 80 guests, while the bar area accommodates an additional 26. Currently generating $100,000 in monthly sales and operating six days a week, this turnkey business includes a valuable liquor license available for $325,000. The second floor offers added value with a remodeled apartment and a separate business office. Built in 1950, this fee-simple property represents a substantial investment opportunity in a thriving Pennsylvania market. The combination of established clientele, high sales volume, and desirable location makes this a truly exceptional offering.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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