1594 Market St Linwood, PA 19061
- Commercial real estate
- 756 SF
- 0.07 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1594 Market St
- Year built
- 1960
- Lot size
- 0.07 lot acres
- Property size
- 756 SF
- Property type
- Commercial real estate
- APN
- 08-00-00765-00
- APU
- 8000076500
Description
This 750-square-foot freestanding building presents a unique opportunity for a variety of food service businesses. Currently operating as an iconic ice cream shop with a walk-up window, this well-established Linwood, Pennsylvania location boasts a strong community presence since the 1950s. Situated at a highly visible, lighted intersection of Market Street and W Laughead Avenue, the property benefits from significant daily traffic of approximately 14,000 vehicles. The building includes off-street parking for added convenience. This prime location is supported by strong demographics, with a population of approximately 164,875 and an average household income of approximately $95,887 within a 5-mile radius. The property is available for sale or lease, offering flexibility for prospective buyers or tenants. The sale includes real estate, business, and equipment. This turnkey operation is ideal for expanding an existing restaurant or take-away business, launching a new food truck concept, or continuing the legacy of a beloved local ice cream shop. The property's long history and prime location provide a solid foundation for future success.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $270,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $250,000
- 6.5%
- $240,000
- 7%
- $270,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $235,000
- Geo Method
- $245,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $280,000
- Retail
- $265,000
- Mixed-Use
- $315,000
- Hospitality
- $260,000
- Educational
- $290,000
- Residential Income
- $265,000
- Energy
- $275,000
- Income-Based Land
- $310,000
- Food Service
- $255,000
Location Insight
- Map
- Local Demand
- City
- Marcus Hook
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.424
- Latitude
- 39.8284
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA