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Second-generation restaurant with 16' hood and walk-in on Lancaster Ave

42 W Lancaster Ave, Ardmore, PA · Suite 101

Dining room

Dining room

Key facts

Space type
Restaurant
Available
2,400 SF
Condition
Second-generation
Former use
Bistro
Available from
Oct 2026
Ceiling height
12 ft
Frontage
28 ft
Corner unit
Yes
Restrooms
2
Loading docks
0
Drive-in doors
0
Power
400A · three-phase
HVAC
15 tons
Gas
Yes
Sprinklered
Yes
Outdoor seating
Yes
Liquor license
Restaurant (R)

Prior tenant's R license available for transfer; subject to PLCB approval.

About this space

Fully built 2,400 SF restaurant formerly a 70-seat bistro. Hood, Ansul system, grease interceptor and walk-in cooler stay. Steps from the Ardmore train station.

Property & tenancy snapshot

Property
Lancaster Avenue Dining Row
Type
Restaurant
Building size
4,200 SF
Built / renovated
1952 / 2016
Zoning
C-2
Occupancy
67% of 3 units
Co-tenant mix
coffee, fitness
Parking
18 spaces · Surface lot + street
Traffic
21,000 vehicles/day
Signage
facade
Transit nearby
Yes
ADA accessible
Yes
Access hours
24/7

Equipment & fixtures

ItemQty / sizeAgeConditionOwnership
Kitchen hoodType I exhaust hood with make-up air1 · 16 ft~8 yrGoodIncluded
Fire suppressionAnsul wet-chemical system, inspected1~8 yrGoodIncluded
Grease trapIn-ground grease interceptor1 · 1,000 gal~8 yrGoodLandlord owned
Walk-in coolerWalk-in cooler1 · 8x10 ft~6 yrGoodIncluded
Range6-burner range with oven1~7 yrFairFor sale by prior tenant · $2,500
Dish machineHigh-temp dish machine1~5 yrGoodFor sale by prior tenant · $3,500
Bar / draft system8-tap draft system and bar1 · 22 ft bar~8 yrGoodIncluded

Lease terms

Lease type
NNN
Asking rent
$32/SF/yr
Est. NNN / CAM
$8.5/SF/yr
Term
5–10 years
Annual escalation
3%
Security deposit
2 months
Personal guarantee
Burns off (burns off after 24 mo)

Concessions

  • 3 months free rent
  • $15/SF tenant improvement allowance
  • Open to a rent ramp
  • Startup-friendly landlord

3 months free on a 5-year term

Landlord will consider a year-1 rent ramp for an experienced operator.

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