For Sale
$1,200,000

449 Ridge Pike Lafayette Hill, PA 19444

Established Restaurant, Turnkey Operation, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
138
Prime Lafayette Hill location, this established Italian restaurant, Sorrento's, is offered for sale. Family-owned and operated for over 40 years, this turnkey operation boasts a comfortable 60-seat interior and additional outdoor seating for 48 guests. The 2,000-3,000 square foot building, constructed in 1945 and renovated in 2020, sits on a 26,025 square foot lot with 154 feet of street frontage on Ridge Pike, a high-traffic area with over 15,000 cars passing daily. The ample parking lot features a double entrance and accommodates over 35 vehicles. The property is zoned under a grandfathered B residential permit. The sale includes the business, all equipment, and the fee-simple real estate. Occupancy is available September 9, 2024. This is a single-unit, Class B building with one story. A truly exceptional opportunity to own a well-established, profitable business in a desirable location.

Highlights

  • $1,200,000 asking price for a fee-simple ownership of a turnkey restaurant business and building.
  • High-traffic location on Ridge Pike in Lafayette Hill, PA, with over 15,000 vehicles passing daily.
  • Ample parking for over 35 cars.
  • Established restaurant, family-owned and operated for over 40 years.
  • 2,000-3,000 square foot building on a 26,025 square foot lot, built in 1945 and renovated in 2020.

Property Details for 449 Ridge Pike

Property type
Commercial real estate
Square Feet
2,000 SF
Class
B
Year Built/Renovated
1945/2020
Buildings
1
Stories
1
Units
1

Location Insight

City
Lafayette Hill
County
Montgomery
State
Pennsylvania
Latitude
40.087030640357
Longitude
-75.259972552321

FAQs

What type of property is this?
Commercial real estate - Established Restaurant, Turnkey Operation, High Traffic
Where is the commercial real estate located?
The property is located at 449 Ridge Pike Lafayette Hill, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: $1,200,000 asking price for a fee-simple ownership of a turnkey restaurant business and building.; High-traffic location on Ridge Pike in Lafayette Hill, PA, with over 15,000 vehicles passing daily.; Ample parking for over 35 cars.
How can I contact the broker?
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449 Ridge Pike
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