415 Moreland RdWillow Grove, PA 19090

This established Willow Grove food business is for sale for $550,000, offering a compelling 39.09% cap rate. Located at 415 W Moreland Rd, in Montgomery County, Pennsylvania (zip code 19090), this single-unit, owner-user opportunity boasts 3,220 square feet of net rentable space on a 6,550 square foot lot. The property, built in 1951 and zoned C-1, includes a full kitchen, a sit-down dining area, and five parking spaces. The business features a proven business model, a stable customer base, and a strong sales history. The sale includes a liquor license. The asking price per square foot is $170.81, and the annual net operating income (NOI) is $215,000. The property is conveniently located across from Willow Grove Mall, ensuring high visibility and foot traffic. Occupancy is available September 1, 2024. This turnkey operation presents a rare opportunity for immediate income generation and significant return on investment.