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Hanger 5 3347 W Ridge Pike 8,846 SF 100% Leased Retail Building Limerick, PA 19468 $1,400,000 ($158.26/SF)

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INVESTMENT HIGHLIGHTS

  • Busy Road/Visibility
  • Ample Parking
  • 15 Room Rentals in Addition to Restaurant
  • Newly Approved for Public Sewer

EXECUTIVE SUMMARY

- Fully renovated restaurant, bar and hotel located on 2+ acres along the lively Ridge Pike.
-+/- 8,846 sf 2 Story Building
- Turnkey establishment includes a modern, stylish restaurant and bar, offering a welcoming ambiance perfect for dining and socializing.
- State-of-the-art kitchen facilities equipped and contemporary décor.
- Two dining areas, one a quieter dining room and the other a trendy bar area.
- Above hosts the hotel side featuring 15 tastefully designed rooms (Avg. $700-$750 per month).
- H liquor license included in sale.
- Public sewer approved and available soon!
- Seller has multiple properties and may be interested in a package sale.

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income $186,000 $21.03
Other Income - -
Vacancy Loss - -
Effective Gross Income $186,000 $21.03
Taxes $15,217 $1.72
Operating Expenses $54,800 $6.19
Total Expenses $70,017 $7.92
Net Operating Income $115,983 $13.11

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income
Annual $186,000
Annual Per SF $21.03
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $186,000
Annual Per SF $21.03
Taxes
Annual $15,217
Annual Per SF $1.72
Operating Expenses
Annual $54,800
Annual Per SF $6.19
Total Expenses
Annual $70,017
Annual Per SF $7.92
Net Operating Income
Annual $115,983
Annual Per SF $13.11

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,846 SF
Building Class
C
Year Built
1940
Price
$1,400,000
Price Per SF
$158.26
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.10
Lot Size
2.03 AC
Zoning
MS Limerick Twp - MS Main Street District
Parking
60 Spaces (6.78 Spaces per 1,000 SF Leased)
Frontage
298’ on Ridge Pike

AMENITIES

  • Restaurant
  • Security System
  • Signage
  • Storage Space
  • Air Conditioning

NEARBY MAJOR RETAILERS

Gloria Jean's Coffees
Asian Chao
Ruby Tuesday
Nathan's Famous
Villa Italian Kitchen

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
37-00-03736-007
Land Assessment
$209,880
Improvements Assessment
$163,240
Total Assessment
$373,120
Annual Taxes
$15,217 ($1.72/SF)
Tax Year
2025
  • Listing ID: 38008078

  • Date on Market: 2/25/2025

  • Last Updated:

  • Address: 3347 W Ridge Pike, Limerick, PA 19468

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