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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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