1373 Easton Rd - Restaurant FOR SALE


Warrington, PA 18976
$4,750,000 USD
215-833-6690
1373 Easton Rd, Warrington, PA for Sale
$4,750,000 USD
Restaurant - FOR SALE
1/54
null | Request Cap Rate

1373 Easton Rd
Warrington, PA 18976


HIGHLIGHTS

  • Traffic count 38,000 a day
  • Corner Property Easton and Bristol Road
  • Traffic light at corner

OVERVIEW

This Prized Location at the Corner of Busy Easton and Bristol Roads boasts an Exceptional Traffic Count of 38,000 Cars a Day with Warrington Village Commercial Zoning.( Attached) The Amazing Opportunity Includes a well-maintained restaurant sitting on 2.6 Acres with 205 feet of frontage on RT 611 and 852 feet on Bristol Road and a generous amount of parking for 170 Vehicles. The current owner also owns the adjacent property Stutz's Candy Plaza with 4 additional Stores. This is mentioned if an investor is looking for additional acres. Please understand this property is not included in the Sale price. Access to the Property from both Easton Road/ Route 611 and Bristol Road is a huge Bonus and a**R**Liquor License (valued $400,000) plus ALL Equipment are also part of the Sale. This property comes with a generous rental income that offsets many expenses. Once you step into the Building you will be Impressed by the large 9,000 Square foot Interior conveniently Located on One Level. You are Welcomed by a Large Marble Foyer and the Adjacent Main Dining Room Can Comfortably Seat 145 Guests for Lunch or Dinner or can be set up easily for Showers, Family Celebrations and Holiday Parties. An additional Room Featuring a Cozy Fireplace as a Focal point is a Great Spot for Intimate Gatherings Allowing Plenty of Privacy and Seating for 50. Next the Spacious Bar Area brings Seating and tables for 25 Guests and the Unique Bar, itself, Seats 30 Comfortably. We would be remiss if we didn’t mention The Heart of the Establishment…the Remarkable Kitchen that Rivals the size and organization of a Hotel Kitchen. Of course this Interior layout with it’s Unique Charm and Warmth will also Accommodate a long List of Other Retail Businesses. Bring your Imagination to this one of a kind Location and the Sky is the Limit for your Personal Venture. Factor in the great proximity to New Housing, Downtown Doylestown plus the big Variety of Restaurants and Shopping areas in Warrington and your Business will Surely enjoy the Draw of Many New Patrons.

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/SF

$385 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Peninsula

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

170

LAND DETAILS

LAND ACRES

2.67 AC

LAND SF

116,305 SF

ZONING

Village Commercial

APN/PARCEL ID

50-027-047,50-029-009

ASK ABOUT THIS PROPERTY

Mike StitzNew Horizons Real Estate, Inc.More Info
215-833-6690

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Mike StitzNew Horizons Real Estate, Inc.More Info
215-833-6690

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.