134 Bala Avenue

Bala Cynwyd, PA
$ 375,000 Beds 0 Baths 0 Virtual Tour
Monthly Estimate* How much can I afford?

This Rustic Italian Seafood BYOB has the freshest Seafood in the Philadelphia area and great Italian specialties as well. The current owner operates the restaurant Tuesday through Sunday between 5 PM and 10 PM, only serving dinner. The revenues and cash flow this restaurant generates, given it's a BYOB and only open in the evening, is truly amazing. The opportunity for a new owner is incredible. If a new owner added just weekend brunch (there are no restaurants doing brunch in the area) revenues and cash flow could increase dramatically. Currently the owner does no advertising; with advertising, both sit- down diners and app-based delivery (the fastest growing sector of the restaurant business), should see increased revenues and profits. There are also two high end residential developments currently under construction within walking distance that will add over 300 housing units to the area. Take advantage of this owner's desire to move on to a new project. He is willing to finance part of your turnkey purchase. Purchase this restaurant and start making money day one.

Business Op

  • Price
  • $ 375,000
  • Lot Size
  • 5,663 SqFt
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Year Built
  • 1930
  • Half Bathrooms
  • 0
  • City, Zip
  • Bala Cynwyd
  • Taxes
  • $ 24912
  • County
  • MONTGOMERY
  • Style
  • Restaurant/Bar
  • Area
  • Lower Merion Twp
  • MLS#
  • PAMC665212
  • Zip
  • 19004
Listing Provided by: Liberty Bell Real Estate Agents LLC
Data Source: Bright MLS

Features

General

Acceptable Financing Cash, Bank Portfolio, Seller Financing
Accessibility 36 + wide Halls, Grab Bars Mod
Business Name Pescatore
Business Type Restaurant/Bar
Construction Materials Stone
Cool Fuel Electric
Cooling Central A/C
County MONTGOMERY
Current Use Restaurant
Days on Market 254
Heating Hot Water, Forced Air
MLS Area Lower Merion Twp (10640)
Municipality LOWER MERION TWP
New Construction No
Parking Features Handicap Parking, Lighted Parking, Paved Parking, Private, Surface
Possession 61-90 Days CD
Property SubType Mixed Use
Property Type Business Opportunity
Property Use Investment
Sewer Public Sewer
Subdivision Name BALA
Tax Annual Amount 24912.0
Tax Lot 332
Tax Year 2021
Vacation Rental Y/N No
Water Access Y/N No
Zoning C2

Interior Features

Central Air Y/N Yes
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas

Exterior Features

Building Area Total 0.00
Car Parking Spaces 30
Fencing Y/n No
Inclusions All equipment, fixtures, artwork
Lot Dimensions 61.00 x 0.00
Lot Size Acres 0.13
Lot Size Square Feet 5747.00
Navigable Water Y/N No
Total Parking Spaces 30
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Ashburn, VA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/26/2020 Listed $500,000
11/16/2020 25% - $375,000

Property vs Zip Code Average in 19004

Price
AVG $190K
$380K
Taxes
AVG $23,492
$24,912
Visits
AVG 94
156
Year Built
AVG 1938
1930
Walkscore
AVG 61
65
Data Provided by Walkscore ® not using MLS data

Map

134 Bala Avenue Bala Cynwyd, PA is a Single Family Home for sale at $375000 and a lot size of 5,663 SqFt Acre(s). 134 Bala Avenue Bala Cynwyd has 0 bedrooms, 0 baths and was built in 1930. The property's zip code is 19004 which is in Bala Cynwyd, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.