Skip To Content
    Return to Previous Page

    Address Not Available By Request

    HAVERTOWN, PA 19083
    • $299,999
    • STATUS: Active Under Contract
    • ON SITE: 585 days
    • ID#: PADE399052
    Under Contract
    UPDATED: 33 min ago
    $299,999
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1966
    County:

    School Ratings & Info

    School District:

    Description

    This restaurant is not closing-restaurant is open-building is for sale with a tenant lease. Terrific investment in Trendy Havertown-A commercial gem located in the quaint section of Penfield, just off of Brookline Blvd. This building provides 1400 sq. ft. currently utilized as a popular restaurant and in the past as a well-known local deli that have serviced this area and surrounding Main Line areas with outstanding results over the past fifty years. Great opportunity to own and provide a cap rate of 7% right off the top of your investment. Seven years remaining of a ten year lease with the current business secures a positive income on your investment. Includes large area that currently serves 75+ people, and a work and prep space, additional work area in the back, two freezers, three prep areas; There is a basement attached for storage, one powder room, parking in the front; walk to the P&W (Septas Rt. 100 line); This is where the locals come together. Please do not disrupt the business at the location.

    Monthly Payment Calculator



    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-09-18T19:51:31.817.
    www.locomusings.com/homes/91716614
    Print Image

    Address Not Available By Request HAVERTOWN, PA 19083

    • Price: $299,999
    • Status: Active Under Contract
    • Updated: 33 min ago
    • ID#: PADE399052
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1966
    Built
    Neighborhood:
    Haverford Twp (10422)
    County:
    Delaware
    Area:
    Haverford Twp (10422)
    School District:
    Haverford Township
    Property Description
    This restaurant is not closing-restaurant is open-building is for sale with a tenant lease. Terrific investment in Trendy Havertown-A commercial gem located in the quaint section of Penfield, just off of Brookline Blvd. This building provides 1400 sq. ft. currently utilized as a popular restaurant and in the past as a well-known local deli that have serviced this area and surrounding Main Line areas with outstanding results over the past fifty years. Great opportunity to own and provide a cap rate of 7% right off the top of your investment. Seven years remaining of a ten year lease with the current business secures a positive income on your investment. Includes large area that currently serves 75+ people, and a work and prep space, additional work area in the back, two freezers, three prep areas; There is a basement attached for storage, one powder room, parking in the front; walk to the P&W (Septas Rt. 100 line); This is where the locals come together. Please do not disrupt the business at the location.
    Exterior Features

    Construction Materials Brick Garage YN No Other Structures Above GradeBelow Grade Parking Features Public Parking Types On Street Riparian Rights YN No Roof FlatSlate Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 1690.00 Cooling Wall Unit Exclusions Tenants Business Personal Property Heating Forced Air Heating YN Yes Net Square Feet 1690.00 Security Features Exterior Cameras

    Property Features

    Acceptable Financing ConventionalCash Accessibility Features None Annual Gross Expense 5858.00 Assessment Year 2020 Association YN No Business Type Restaurant/Bar Central Air YN No Cooling Fuel Electric Cross Street Brookline Blvd. Heating Fuel Natural Gas Hot Water Electric Incorporated City Name Haverford Twp Insurance Expense 2000.00 Lease Considered YN No Navigable Water YN N Net Operating Income 24542.00 New Construction YN No Number Of Units Total 0 Original MLSNumber 301400469742 Ownership Interest Fee Simple Possession Subject To Existing Lease Property Sub Type Other Sale Type Standard Sewer Public Sewer Tax Annual Amount 5972.00 Tax Assessment Amount 128500.00 Tax Lot 016-000 Vacation Rental YN No Water Source Public Zoning Com

    Listing courtesy of Long & Foster Real Estate, Inc..


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-09-18T19:51:31.817.
     
    https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_301400469742-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_301400469742-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_301400469742-2.jpg
    Logo
    LoCoMusings | Century 21 Redwood Realty
    540 Fort Evans Road Suite 303
    Leesburg VA, 20176