232 Woodbine Ave Narberth, PA 19072-1930
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C · Narberth, PANarberth. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.