328 Woodland Ave Springfield, PA 19064-2126
This exceptional opportunity presents a landmark full-service restaurant and building for sale in Springfield, Pennsylvania. Established in 1975, this thriving business boasts a loyal customer base, serving breakfast, lunch, dinner, and dessert to Springfield and the surrounding communities. The 4,200 square foot building, situated on approximately 0.08 acres, includes a large finished basement and ample parking for 35+ vehicles, including dedicated employee spaces. Located on Route 420, in Springfield's bustling shopping district (the old Golden Mile), this property benefits from high visibility and convenient access. The building underwent a complete remodel in 2016, making it a truly turnkey operation for a new owner. The property's strategic location near multiple schools (high school, middle school, and elementary schools) further enhances its appeal. The current owner is retiring, presenting a unique chance to acquire a well-established business with significant growth potential. The asking price is $2,200,000, translating to $523.81 per square foot. Current operating hours are Monday-Thursday & Sunday, 8:00 AM to 9:00 PM, and Friday & Saturday, 8:00 AM to 10:00 PM. This is an owner/user investment opportunity. The property's address is 328 W Woodland Ave, Springfield, PA 19064.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.