498 Nutt Rd Phoenixville, PA 19460-3354
This exceptional turnkey restaurant opportunity is located at 498 Nutt Road, Unit 2, Phoenixville, PA. The property sits on a 0.36-acre lot at a high-traffic intersection, directly adjacent to a Walgreens, ensuring excellent visibility and accessibility. The building itself offers approximately 7,429 square feet of space. The main floor encompasses a fully operational restaurant with 46 interior seats and an additional 24 outdoor seats on a patio. All furniture, fixtures, and equipment are included in the sale price of $1,349,000, making this a truly seamless transition for a new owner. A significant advantage is the inclusion of a large walk-in cooler and freezer, essential for efficient restaurant operations. Furthermore, the third floor of the building generates passive rental income from a separate lease, adding to the overall investment potential. The property benefits from its location within a rapidly growing area, boasting a population of 96,000 people within a five-mile radius and average household incomes exceeding $138,000. This combination of a prime location, established business, and strong demographics presents a compelling investment opportunity in a thriving market. This turnkey operation is ready for immediate occupancy and continued success.
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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 Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LC · Phoenixville, PACosts & 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.