Property profile

910 W Penn Ave Robesonia, PA 19551

FOR SALE
Turn key restaurants
Property ID
US73-4109387
5,760 SF 1.79 ac lot Built 1978
Individually Owned 13-yr Hold ~ Est. High Equity
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910 W Penn Ave, Robesonia, PA 19551 For Sale
Contact for pricing 5,760 SF
910 W Penn Ave, Robesonia, PA 19551
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Property summary

AI-generated overview

This exceptional turnkey restaurant and diner opportunity is located at 910 W Penn Avenue in Robesonia, Pennsylvania. The property boasts a substantial 8,900 square feet of space, perfectly suited for continued operation or creative redevelopment. Included in the sale are all furniture, fixtures, and equipment, allowing for a seamless transition for a new owner. The expansive 1.79-acre lot provides ample parking, a significant advantage given the property's high-traffic location. The building enjoys extensive frontage along heavily traveled Route 422/W Penn Avenue, ensuring high visibility and accessibility for customers. This well-established business is a local landmark, benefiting from a built-in customer base and strong brand recognition within the community. The sale price is $1,600,000. This presents a rare chance to acquire a thriving business with significant potential for growth and profitability in a prime location. The property's size and location make it an attractive investment for both experienced restaurateurs and those seeking a turnkey operation with immediate revenue generation. The existing infrastructure and equipment minimize the start-up costs associated with launching a new venture. Serious inquiries are encouraged.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1978
Total area 5,760 SF
Lot 1.79 ac (77,972 SF)
APN 4347-01-26-9877
UPID US73-4109387

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant

Location

910 W Penn Ave Robesonia, PA 19551
Robesonia metro Census 10500 READING, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$552k
Blend (final) Blend
$285k

Owner & transaction history

since 2012
2 recorded transactions
2024
Price N/A
2012
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $925,000 +80.0%
Auto repair, garage $615,000 +19.7%
Office building $560,000 +8.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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