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Investment Highlights

  • Corner Lot 0.75 Acres
  • +/- 40 Parking Spots
  • High Visibility and Traffic on Bethlehem Pike
  • Large Walk-In Refrigerator

Executive Summary

Being sold "as-in" condition. Open to seller financing or a lease option.
Rare opportunity to establish a restaurant, café, breakfast concept, or quick-service operation at the former home of a well-known local diner with a strong history of customer loyalty and community recognition.
Positioned on a highly visible corner lot along N. Bethlehem Pike, the property benefits from exceptional daily traffic counts and easy accessibility. The site is further enhanced by approximately 40 on-site parking spaces, a valuable amenity in the local market.
The restaurant features seating for approximately 64 guests indoors, along with an attractive outdoor patio offering additional seating beneath a retractable electric awning, creating a versatile dining environment for seasonal use.
Existing infrastructure includes a Type I commercial grease hood and large walk-in refrigerator, providing a solid foundation for a new restaurant buildout.
The property is surrounded by numerous demand generators, including:
Directly adjacent to a roadway serving as a primary entrance to Gwynedd Mercy Academy Elementary School
Approximately 1.25 miles from Wissahickon High School
Approximately 1.25 miles from Lower Gwynedd Elementary School
Approximately 0.5 miles from Spring House Village Shopping Center
Approximately 1.25 miles from the Ambler YMCA
Approximately 1.25 miles from the Janssen Biotech pharmaceutical campus
This strategic location offers consistent exposure to local residents, school traffic, families, professionals, and employees from one of the area's largest corporate campuses.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,865 SF
Building Class
C
Year Built
1960
Price
$1,250,000
Price Per SF
$670.24
Cap Rate
5%
NOI
$62,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.75 AC
Zoning
D
Fairly walkable
50/100
Very drivable
80/100
Minimal public transit
10/100
Fairly bikeable
40/100

Nearby Major Retailers

The Little Gym
Kelly Bushnell
KeyBank
Chase
Panchero's
Club Pilates
SPENGA
Starbucks
Whole Foods Market
The Perfect Workout

Property Taxes

Property Taxes

Parcel Number
39-00-00244-005
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$213,530
  • Listing ID: 41128679

  • Date on Market: 7/1/2026

  • Last Updated:

  • Address: 924 N Bethlehem Pike, Ambler, PA 19002

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