415 Moreland Rd Willow Grove, PA 19090
- Investment properties
- 4,260 SF
- 0.14 lot acres
Current Use by Public Records
- Investment properties
Property Details for 415 Moreland Rd
- Year built
- 1951
- Lot size
- 0.14 lot acres
- Property size
- 4,260 SF
- Zone code
- C1
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 59-00-12973-00-9
- APU
- 590012973009
Description
This established Willow Grove food business is for sale for $550,000, offering a compelling 39.09% cap rate. Located at 415 W Moreland Rd, in Montgomery County, Pennsylvania (zip code 19090), this single-unit, owner-user opportunity boasts 3,220 square feet of net rentable space on a 6,550 square foot lot. The property, built in 1951 and zoned C-1, includes a full kitchen, a sit-down dining area, and five parking spaces. The business features a proven business model, a stable customer base, and a strong sales history. The sale includes a liquor license. The asking price per square foot is $170.81, and the annual net operating income (NOI) is $215,000. The property is conveniently located across from Willow Grove Mall, ensuring high visibility and foot traffic. Occupancy is available September 1, 2024. This turnkey operation presents a rare opportunity for immediate income generation and significant return on investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Willow Grove
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.1219
- Latitude
- 40.1446
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
