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Hanger 5 3347 W Ridge Pike 8,846 SF 100% Leased Retail Building Limerick, PA 19468 $1,935,500 CAD ($218.80 CAD/SF)



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.
-+/- 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 (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$257,145
|
$29.07
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$257,145
|
$29.07
|
| Taxes |
$21,038
|
$2.38
|
| Operating Expenses |
$75,761
|
$8.56
|
| Total Expenses |
$96,799
|
$10.94
|
| Net Operating Income |
$160,347
|
$18.13
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $257,145 |
| Annual Per SF | $29.07 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $257,145 |
| Annual Per SF | $29.07 |
| Taxes (CAD) | |
|---|---|
| Annual | $21,038 |
| Annual Per SF | $2.38 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $75,761 |
| Annual Per SF | $8.56 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $96,799 |
| Annual Per SF | $10.94 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $160,347 |
| Annual Per SF | $18.13 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
8,846 SF
Building Class
C
Year Built
1940
Price
$1,935,500 CAD
Price Per SF
$218.80 CAD
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
PROPERTY TAXES
| Parcel Number | 37-00-03736-007 | Total Assessment | $526,472 CAD |
| Land Assessment | $296,141 CAD | Annual Taxes | $21,038 CAD ($2.38 CAD/SF) |
| Improvements Assessment | $230,332 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
37-00-03736-007
Land Assessment
$296,141 CAD
Improvements Assessment
$230,332 CAD
Total Assessment
$526,472 CAD
Annual Taxes
$21,038 CAD ($2.38 CAD/SF)
Tax Year
2025
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Hanger 5 | 3347 W Ridge Pike
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