Property profile

1594 Market St Marcus Hook, PA 19061

OFF-MARKET
Commercial real estate
Property ID
US73-1717567
756 SF 0.07 ac lot Built 1960
Individually Owned 8-yr Hold Absentee Owner
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1960
Total area 756 SF
Lot 0.07 ac (3,000 SF)
APN 08-00-00765-00
UPID US73-1717567

Cap rate & NOI

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

Location

1594 Market St Marcus Hook, PA 19061-4243
Marcus Hook metro Census 406700 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2018
3 recorded transactions
2018
Price N/A
2018
$300,000
2007
$125,000

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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