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Property profile & analytics
OFF-MARKET
Turn key restaurants

424 Main St Souderton, PA 18964-1630

3,292 SF 0.24 ac lot Built 1984
Individually Owned 20-yr Hold ~ Est. High Equity
Property ID
US73-6004064
Property summary
AI-generated overview

This exceptional 3,600 square foot commercial property, situated on a 0.24-acre lot at 424 N Main Street in Souderton, PA, presents a unique investment opportunity. Currently configured to accommodate a restaurant, the main floor comfortably seats 70 guests, while a lower level provides an additional 30 seats, ideal for private events. A state-of-the-art custom pizza oven is included. The property's prime downtown location ensures high foot traffic and excellent visibility within a vibrant and growing community. The space is adaptable to a variety of uses, making it suitable for a range of culinary concepts or other commercial ventures. The property benefits from Souderton's thriving atmosphere, including events like Third Fridays and Concert Sundaes, and the recently opened Broad Street Theater. This property is available for sale at $850,000. All existing equipment, fixtures, and inventory are available for purchase separately at $100,000. Alternatively, the property is available for lease at $5,000 per month, plus insurance, taxes, and utilities. Contact Souderton Borough for zoning and usage information.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1984
Total area 3,292 SF
Lot 0.24 ac (10,284 SF)
Zoning code R3
APN 21-00-05065-00-8
UPID US73-6004064
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
Current use
Occupant on record · Public records
  • ATM Atm
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
Gaetano Chiaro · 20 yrs held
Gaetano Chiaro
since 2005
5 recorded transactions
2005
$215,000
1998
$150,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
R3 · Souderton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source TABLE OF CONTENTS
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