RESTAURANT WITH A FULL LIQUOR LICENSE AND AN ADJACENT FREE STANDING BUILDING 384-380 W Lancaster Ave Wayne, PA. table of contents Executive Summary marketed Site Aerial Listing Details Exclusively by: Location Aerial About the Main Line Demographics Bob Neff [email protected] 215.470.7573 This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it.Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property to your needs. executive Summary Precision Realty Group, LLC. has been retained to act as the exclusive agent for the sale of a RARE Restaurant with a Full Liquor License and an adjacent Free Standing Building located at 384 & 380 W. Lancaster Ave, in “The Heart of The Main Line” Wayne, Pennsylvania. The two adjacent parcels consist of 2 Free Standing Buildings with incredible visibility and parking for 35 cars. 384 W. Lancaster Ave is a long established Restaurant location with a large fully equipped commercial kitchen, brick oven, two dining rooms and two bars on the first floor and additional dining rooms and bathrooms on the 2nd and 3rd floors, and 180+ seating capacity. The sale will come with a Full Liquor License. 380 W. Lancaster Ave is a Free Standing retail/ office building with parking. Located in the “The Heart of The Main Line” this site is ideal for a Restaurant operator seeking to own their own real estate. OFFERING PROCESS Ownership has established an asking price of $_________. The Owner will consider all circumstances relating to each proposal including, without limitation, the purchase price, contingencies, if any, period to conduct due diligence, time required to close and the financial capacity and ability of each Purchaser to perform. The price will include both properties as well as all fixtures and the Full Liquor License. Property and market tours will be provided by PRG upon request. site aerial Main Line Chamber of Commerce Lancaster County Farmers Market Stratford Shopping Center Lancaster Ave. SITE 24,000+ ADT 12,000+ ADT Conestoga Rd. listing details 384 W. Lancaster Ave • Parcel: 36-06-03636-00 • Acre(s): 0.2+/- • Zoning: Commercial (C-2) • Township: Radnor • School District: Radnor • Taxes: $3.05 384 W. Lancaster Ave: Restaurant • 7,000 SF Retail Area / 4,000 SF of storage • 3 Floors plus basement and 10-car garage • Full Liquor License • 87 Feet of Frontage • Restrooms: 2 on First Floor/ 1 Second Floor • Roof: Pitched Roof/Asphalt Shingles • Brick Oven • Seating: 180+ • Parking: 20+ adjacent lot 380 W. Lancaster Ave • Parcel: 36-06-03637-00 • Acre(s): 0.2+/- • Zoning: Commercial (C-2) • Township: Radnor • School District: Radnor • Taxes: $3.05 P/SF 380 W. Lancaster Ave: Free Standing Building • 2,280 SF • 2 Floors plus finished basement • Large front deck/porch • 60 Feet of Frontage • Restroom(s): 2 • Parking: 10 Location aerial St. David’s Golf Club New Devon Yards Stratford Wayne Devon Train Train Station Station St. David’s Train Station SITE 24,000+ ADT 110,000+ ADT Berwyn Lancaster Ave. West Wayne Villanova Radnor Valley Aronimink Country Golf Club Club about the area The Philadelphia Main Line, known simply as the Main Line, is an informally delineated historical and social region of suburban Philadelphia, Pennsylvania. Lying along the former Pennsylvania Railroad's once prestigious Main Line, it runs northwest from Center City Philadelphia parallel to Lancaster Avenue (U.S. Route 30). The railroad first connected the Main Line towns in the 19th century. They became home to sprawling country estates belonging to Philadelphia's wealthiest families. Today, the Main Line includes some of the wealthiest communities in the country, including Lower Merion Township,[2] Radnor Township,[3] Gladwyne,[4] and Villanova.[5] Today, the railroad is Amtrak's Keystone Corridor, along which SEPTA's Paoli/Thorndale Line operates. entertainment Wayne Hotel Merion Golf Club Anthony Wayne Theatre Overbrook Golf Club Devon Horse Show Philadelphia Country Club devon yards development Aronimink Golf Club St. David’s Country Club education Villanova University Eastern University Cabrini College Bryn Mawr College area development Devon Yards Development transportation The Main Line is served by numerous modes of transportation among which are three commuter rail lines operated by SEPTA. The main thoroughfare through the Main Line is U.S. Route 30 which follows Lancaster Avenue (formerly the Philadelphia and Lancaster Turnpike) running east to west and serves as Villanova the backbone of the region by connecting a large majority of its towns and municipalities. demographics Demographics 1 mile 3 miles 5 miles Estimated 11,664 48,651 140,629 Population Average 37.3 40.6 41.2 Age Average HH $163,106 $206,085 $170,366 Income Estimated Total Employees 9,355 39,557 116,685 Traffic Counts 24,000 (Daily) SitesUSA, Inc. Lancaster Ave..