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39-41 W Lancaster Ave
Ardmore, PA 19003
Local, formerly Cafe San Pietro · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Situated in downtown Ardmore on Lancaster Avenue, offering high visibility and accessibility.
- The second floor features six apartments generating $5,975 per month in rental income.
- Sale includes a Lower Merion Township liquor license, enhancing the restaurant's operational capabilities.
- Includes a fully operational restaurant on the first floor with a private, relaxing outdoor seating area.
- Restaurant boasts a fully equipped kitchen, updated dining room, and contemporary decor.
- The building includes a full, functional basement for additional storage or operational needs.
EXECUTIVE SUMMARY
Amazing Opportunity to Own a Restaurant and the Building in Downtown Ardmore on Lancaster Avenue.
Total Building size is For Sale and the sale includes the restaurant and liquor license. Restaurant is on the first floor. Full useable basement as well. Second floor has 6 apartments taking in $5,975/ month in rents.
Quaint outside seating area is private and relaxing. Full kitchen, updated dining room and decor, plenty of public parking. Includes Lower Merion Twp Liqour license and business fixtures. Ready for turn-key operator to open up in Ardmore!
Confidential listings, please reach out to broker (do not approach staff or employees).
Total Building size is For Sale and the sale includes the restaurant and liquor license. Restaurant is on the first floor. Full useable basement as well. Second floor has 6 apartments taking in $5,975/ month in rents.
Quaint outside seating area is private and relaxing. Full kitchen, updated dining room and decor, plenty of public parking. Includes Lower Merion Twp Liqour license and business fixtures. Ready for turn-key operator to open up in Ardmore!
Confidential listings, please reach out to broker (do not approach staff or employees).
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
7,698 SF
Building Class
C
Year Built
1925
Price
$3,200,000
Price Per SF
$415.69
Tenancy
Single
Building Height
2 Stories
Building FAR
1.88
Lot Size
0.09 AC
Zoning
ASDD1;LowerMerionTwp - Planned residential development
Frontage
30’ on Lancaster Ave
ABOUT 39-41 W LANCASTER AVE , ARDMORE, PA 19003
Restaurant on the first floor and basement. 6 apartments upstairs getting $1,400, $950, $950, $900,$900 and $875 for rent.
PROPERTY TAXES
| Parcel Number | 40-00-30896-006 | Improvements Assessment | $299,600 |
| Land Assessment | $201,040 | Total Assessment | $500,640 |
PROPERTY TAXES
Parcel Number
40-00-30896-006
Land Assessment
$201,040
Improvements Assessment
$299,600
Total Assessment
$500,640
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