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Property profile & analytics
OFF-MARKET
Turn key restaurants

232 Woodbine Ave Narberth, PA 19072-1930

3,737 SF 0.04 ac lot Built 1920
Individually Owned 21-yr Hold ~ Est. High Equity
Property ID
US73-0132667
Property summary
AI-generated overview

This exceptional 1200-square-foot commercial space in the desirable Narberth Borough presents a unique opportunity for a restaurant owner or chef. The main floor boasts a spacious dining area, perfect for creating a welcoming atmosphere for patrons. An open kitchen, complete with an exhaust hood, is ready for immediate use, allowing for efficient food preparation. A convenient half-bath for guests is also located on the main level. Adding to the appeal is a covered outdoor space, ideal for al fresco dining and expanding seating capacity during warmer months. The lower level offers significant utility, including a basement door for easy deliveries, a walk-in refrigeration unit for efficient food storage, ample storage space, and a full bathroom for staff convenience. The property features a reliable HVAC system with a backup system, ensuring consistent climate control year-round. This is a truly turnkey opportunity, especially attractive to those seeking mentorship; the landlord, an experienced restaurant operator, is available to provide guidance and support to new chef/operators. This blank canvas awaits your culinary vision. Schedule a viewing to explore the potential of this prime Narberth location.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1920
Total area 3,737 SF
Lot 0.04 ac (1,574 SF)
Zoning code C
APN 12-00-03706-00-8
UPID US73-0132667
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Lancaster Ave 818 · 21 yrs held
Lancaster Ave 818
since 2004
4 recorded transactions
2004
$215,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C · Narberth, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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