301 Walnut St - Restaurant FOR SALE


Royersford, PA 19468
$3,200,000 USD
215-287-3287
301 Walnut St, Royersford, PA for Sale
$3,200,000 USD
Restaurant - FOR SALE
1/2
null | Request Cap Rate

301 Walnut St
Royersford, PA 19468


HIGHLIGHTS

  • Charming building full of history in Eastern Montgomery County, PA, Close to Route 422, PA Turnpike, Collegville and Phoenixville
  • Est. 8,000 gross SF, .29 AC in downtown, within walking distance to shops, businesses, and residential communities. Zoning allowed for current retail.
  • Includes Turnkey tavern/restaurant, related FF&E, second floor banquet hall, third floor, partially-renovated basement and outdoor dining patio
  • Features two commercial kitchens, new building systems, windows, garage doors and landscaping--new and improved for immediate start-up of operations
  • Tenant obtained for a portion of the first floor and lower level from day 1 of new ownership
  • Seller open to discussion regarding investment, financing and buyer acquisition

OVERVIEW

A very special and unique opportunity to own a charming building full of history in suburban Eastern Montgomery County, PA. For sale, an approximate 8,000 SF building that houses a turn-key tavern/restaurant, complete with all related furniture, equipment and fixtures. Located on .29 acres, the property is within walking distance to downtown shops, businesses, and residential neighborhoods. Here is that special opportunity for a buyer seeking to build a restaurant business in a building that has undergone extensive renovation. Completed in 2022, both the interiors and exterior areas of this former building have been totally redone and improved, including a full-service tavern on the first floor and a dining/ banquet-type facility for larger functions on the second floor. Building also offers a third floor and newly- constructed rear patio for additional outdoor dining. The property boasts two commercial kitchens, adjacent street parking and is located within short walking distance to public parking. New building systems, roof, windows, garage doors, and landscaping are featured, to name some of the interior/exterior improvements. A portion of the first floor and basement area is used for the current owner's business, which shall remain as a tenant from day one of new ownership. Easily accessible and close to Route 422, the PA Turnpike, nearby Collegeville,/Phoenixville, this property offers a turnkey, established business with related equipment, furniture and fixtures, a modern new building renovation, and major tenant. Current owner is open to discussion regarding buyer acquisition and financing. Contact listing agent for Details, Sales Price, Offering Memorandum and Confidentiality Agreement.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$400 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

R4

APN/PARCEL ID

19-00-04544-009

ASK ABOUT THIS PROPERTY

Benjamin ReiffKW CommercialMore Info
215-287-3287

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

Benjamin ReiffKW CommercialMore Info
215-287-3287

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