1175 Baltimore PikeMedia, PA 19063

  • Commercial real estate
  • 4,736 SF
For Sale
$1,250,000 View listing

Property Details for 1175 Baltimore Pike

Year built
1930
Construction
FRAME
Lot size
0.04 AC
Property size (Sq ft)
4,736 SF
Property type
Commercial real estate
APN
27-00-00043-00
APU
27000004300

Description

This exceptional opportunity encompasses a thriving Italian restaurant, its prime real estate, and a valuable liquor license – all offered at $1.25 million. Located at 1175 W Baltimore Pike in Media, Pennsylvania, this landmark establishment boasts 5,000 square feet on a 0.28-acre lot. The restaurant enjoys high traffic volume, generating impressive monthly sales exceeding $100,000, operating six days a week. The sale includes the business, real estate, and the liquor license, presenting a turnkey operation for a prospective buyer. Above the restaurant, a fully renovated second floor offers significant additional value. This space includes a charming two-bedroom apartment complete with a remodeled full bathroom and in-unit laundry facilities (washer/dryer). A separate business office is also located on the second floor, providing versatile space for administrative functions or potential expansion. This property represents a rare combination of a successful, established business and valuable real estate, making it an exceptional investment opportunity in a desirable location. The high sales volume and included liquor license significantly enhance the return on investment potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,316,740
    Hospitality
    $2,122,122
    Educational
    $1,765,580
    Medical
    $1,826,301
    Retail
    $2,746,458

Location Insight

City
Media
County
Delaware
State
Pennsylvania
Latitude
39.913
Longitude
-75.4383
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$11,061
$267,630
$304,500
$572,130
-
-
-
$572,130

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