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Executive Summary
MSC is proud to exclusively present the opportunity to acquire 641 Old Elm Street, Conshohocken, PA, a fully built-out, turnkey restaurant opportunity within one of the region’s steadily growing hospitality corridors. The existing fit-out allows for immediate occupancy, offering operators a straightforward path to opening with limited upfront capital requirements.
Positioned along a heavily trafficked connector between Conshohocken and Plymouth Meeting, the property benefits from strong visibility and accessibility, complemented by dedicated on-site parking for up to 39 vehicles. The site is also approved for approximately 1,500 square feet of outdoor dining, with the ability to further enhance or reconfigure the outdoor lot creating additional flexibility for patio use or redevelopment opportunities.
The location is supported by consistent local demand drivers, including proximity to The Proving Grounds and Tee’s Golf Center, as well as continued residential growth, with approximately 2,000 luxury apartment units delivered in the immediate area over the past three years. Additional upside exists through the potential renovation of the second and third floors for office or residential use, while the inclusion of a full R liquor license further expands the range of viable concepts.
641 Old Elm Street presents a well-located opportunity for an operator or investor seeking both immediate usability and longer-term flexibility within an active suburban market.
Positioned along a heavily trafficked connector between Conshohocken and Plymouth Meeting, the property benefits from strong visibility and accessibility, complemented by dedicated on-site parking for up to 39 vehicles. The site is also approved for approximately 1,500 square feet of outdoor dining, with the ability to further enhance or reconfigure the outdoor lot creating additional flexibility for patio use or redevelopment opportunities.
The location is supported by consistent local demand drivers, including proximity to The Proving Grounds and Tee’s Golf Center, as well as continued residential growth, with approximately 2,000 luxury apartment units delivered in the immediate area over the past three years. Additional upside exists through the potential renovation of the second and third floors for office or residential use, while the inclusion of a full R liquor license further expands the range of viable concepts.
641 Old Elm Street presents a well-located opportunity for an operator or investor seeking both immediate usability and longer-term flexibility within an active suburban market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
5,775 SF
Building Class
C
Year Built
1894
Price
$1,850,000
Price Per SF
$320.35
Tenancy
Single
Building Height
3 Stories
Building FAR
0.17
Lot Size
0.76 AC
Zoning
OL
Parking
50 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
30’ on Old Elm St
Amenities
- Pylon Sign
- Restaurant
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 49-00-02743-007 | Improvements Assessment | $31,920 |
| Land Assessment | $84,280 | Total Assessment | $116,200 |
Property Taxes
Parcel Number
49-00-02743-007
Land Assessment
$84,280
Improvements Assessment
$31,920
Total Assessment
$116,200
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The Fulton | 641 Old Elm St
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