617 Bethlehem Pike Erdenheim, PA 19038-8214
- Breakfast & diners
- 2,183 SF
- 0.06 lot acres
Current Use by Public Records
- Fairlane Grill / Breakfast Restaurant
Property Details for 617 Bethlehem Pike
- Year built
- 1900
- Lot size
- 0.06 lot acres
- Property size
- 2,183 SF
- Zone code
- B2
- Property type
- Breakfast & diners
- APN
- 52-00-01489-00-7
- APU
- 520001489007
Property Overview
This is a restaurant business located in the Flourtown/Erdenheim area. The business has operated as a restaurant for decades, with the previous owner operating for over 25 years at this location. The establishment features decor reminiscent of the 1950s and has received recognition, including Best of Philly and a feature on Dining Out with Art Kaplan. Situated on a lot of 0.06 acres, the business is equipped to seat approximately 30-35 guests. The business has a long-standing reputation and consistent customer traffic. This is a business-only operation; the real estate is not included.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $265,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $280,000
- 6.5%
- $310,000
- 7%
- $305,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $345,000
- Geo Method
- $305,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $265,000
- Retail
- $280,000
- Mixed-Use
- $275,000
- Hospitality
- $285,000
- Educational
- $240,000
- Residential Income
- $250,000
- Energy
- $265,000
- Income-Based Land
- $270,000
- Food Service
- $250,000
Location Insight
- Map
- Local Demand
- City
- Erdenheim
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.2149
- Latitude
- 40.0917
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA