315 Alumni AveHarleysville, PA 19438

Property Details for 315 Alumni Ave

Year built

2009

Lot size

0.29 AC

Property size (Sq ft)

3,492 SF

Zone code

R4

Property type

Turn key restaurants

APN

50-00-00046-00-3

APU

500000046003

Description

This exceptional Harleysville, PA property presents a unique investment opportunity. Located at 315 Alumni Avenue, this 0.29-acre retail space houses an established BYOB restaurant and catering business, currently equipped to comfortably seat 120 patrons. The main floor offers seating for 65-70 guests, complemented by an additional 45-50 seats on the second floor, including patio space. The sale includes the building and the existing business, offering a turnkey operation ready for immediate revenue generation. The well-equipped kitchen boasts freezers, an ice machine, ovens, and multiple burner stoves, ensuring efficient food preparation and service. The versatile space is ideal for a variety of uses, including business meetings, private parties, family reunions, and other special events. This is a rare chance to acquire a profitable, established business with a functional and spacious building. The property's prime location in Harleysville offers excellent visibility and accessibility. Additional property identifiers PAMC2114822 and PAMC2114842 are also available for purchase. This is a truly exceptional opportunity for an entrepreneur seeking a ready-made business with significant potential. The sale price is to be determined.

• CAP approach

  CAP return

  Valuation

  6%

  $1,275,176

  6.5%

  $1,177,086

  7%

  $1,093,008

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,157,516

  Geo Method

  $1,149,787

• Alternative Use

  Use

  Valuation

  Residential

  $992,916

  Hospitality

  $909,506

  Educational

  $756,698

  Medical

  $782,722

  Retail

  $1,177,086

Location Insight

City

Harleysville

County

Montgomery

State

Pennsylvania

Latitude

40.2781

Longitude

-75.3875

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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