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Property profile & analytics
OFF-MARKET Estimated value $1,445,000
Turn key restaurants

511 Old Lancaster Rd Berwyn, PA 19312-1671

36,692 SF 1.6 ac lot Built 1940
Individually Owned 18-yr Hold ~ Est. High Equity
Property ID
US73-2026140
Property summary
AI-generated overview

The Bronze Building, a Class B retail property located on Lancaster Avenue, offers an exceptional opportunity for businesses seeking high-visibility space. This 5,650 square foot strip center currently has 5,650 square feet available, divisible into units ranging from 2,000 to 3,750 square feet. The property features eight total suites, providing flexibility for various business needs. Ample parking is available with 60+ spaces. The building boasts updated, ADA-compliant restrooms, enhancing accessibility and convenience for both tenants and customers. Benefit from excellent signage opportunities directly on Lancaster Avenue, capitalizing on high foot traffic generated by neighboring businesses such as Handles Ice Cream and the Berwyn Farmers Market. This prime location ensures strong visibility and potential for increased customer engagement. The property is ideal for a variety of retail and office uses, making it a versatile option for prospective tenants. The entire building is currently vacant, presenting a unique chance to establish a presence in a thriving commercial area. Don't miss this chance to secure a prominent location in a bustling commercial center.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1940
Total area 36,692 SF
Lot 1.6 ac (69,696 SF)
Zoning code B
APN 5502H01080000
UPID US73-2026140
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
  • Rolled Steel Products Corporation Factory Production Facility
  • Keith Cassidy: Allstate Insurance Insurance Agency
  • Eadeh Enterprises Property Management Company Apartment Rental Agency
  • Kramer Drive Paper (Bike/Boat/Book/etc) Store
  • Berwyn Carpet Company Carpet & Flooring Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$895k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.99M
Blend (final) Blend
$1.45M
Owner & transaction history
Ernest C Eadeh · 18 yrs held
Ernest C Eadeh
since 2007
7 recorded transactions
2016
Price N/A
2016
Price N/A
2007
Price N/A
1998
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B · Berwyn, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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