641 Chester Pike

4,343 SF Retail Building Prospect Park, PA 19076 $525,000 ($120.88/SF)

INVESTMENT HIGHLIGHTS

  • Turnkey restaurant with ample off-street parking

EXECUTIVE SUMMARY

This turnkey restaurant, along with its real estate and equipment, is available for sale for $525,000. The property includes separated dining areas with seating for 133 people, a bar seating 22, a fully-equipped kitchen, and two half bathrooms.
*Additionally, the parking lot across the street at 662 Chester Pike and the Delaware County (R) liquor license are available as optional purchases.
**Also for sale is the adjacent property, which is a mixed-use building (fully rented), located at 643 Chester Pike, that can be purchased with the restaurant building for an additional cost of $225,000.
This two-story retail building used as a restaurant that is estimated to have been originally constructed in 1952 with load bearing masonry walls and wood floor joists. We estimated the rentable area to be 4,343 square feet which includes the entire first fully finished floor. The building further includes an unfinished basement, second floor unfinished attic which were estimated to be excluded from the rentable area as well. The total gross building area is 9,509 square feet. The basement measures 4,365 square feet and is unfinished. The basement is used for mechanical equipment and storage. Storage includes three walk in freezers. There is also a small food preparation area and a half bathroom. The second floor includes three rooms used for storage and office as well as a half bathroom. Within a 1-mile radius the population is approx. 24,000 and an average House Hold Income of $125,000+.

DATA ROOM Click Here to Access

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,343 SF
Building Class
C
Year Built/Renovated
1952/2021
Price
$525,000
Price Per SF
$120.88
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
0.29 AC
Zoning
C-2 - See OM for Zoning Uses and Information
Parking
48 Spaces (11.05 Spaces per 1,000 SF Leased)
Frontage
57’ on Chester Pike
Walk Score®
Very Walkable (77)

NEARBY MAJOR RETAILERS

PNC Bank
CrossFit
Pat's Pizzeria
WW
Santander
ACME
Citizens Bank

PROPERTY TAXES

  • Listing ID: 34951934

  • Date on Market: 2/26/2025

  • Last Updated:

  • Address: 641 Chester Pike, Prospect Park, PA 19076