7909 High School Road in Elkins Park (Cheltenham Township) is on the market for $1,449,000.
According to the listing, the 10,000 sf retail building is 100% leased to Creekside and Tap. Note that Creekside and Tap is still open for business and is not for sale. The buyer would become the storefront’s landlord.
According to their website, Creekside and Tap’s ownership is currently searching for new vendors:
From the property’s description:
INVESTMENT OVERVIEW
Marcus & Millichap is pleased to exclusively present 7909 High School Road, a rare opportunity to acquire a recently renovated, highly functional retail asset in the heart
of Elkins Park—one of Montgomery County’s most established and affluent suburban communities just minutes from Philadelphia.
This 10,000-square-foot retail building offers exceptional visibility along High School Road, a heavily trafficked corridor serving dense and stable surrounding
residential neighborhoods. The property’s versatile layout supports a wide range of high-demand uses including restaurant, catering, specialty grocery, medical,
brewery, and service-oriented retail.
A true differentiator in today’s market, the asset features two fully built-out commercial-grade kitchens, providing significant value-add infrastructure that would be
costly and time-consuming to replicate. This turnkey build-out dramatically lowers startup costs for food and beverage operators and creates a compelling leasing
advantage for ownership. Additionally, a rear loading dock enhances operational efficiency and functionality—an uncommon amenity for neighborhood retail properties
in this submarket.
Recent renovations position the property for minimal near-term capital expenditures, allowing investors to focus on tenanting and income growth rather than deferred
maintenance.
Strategically located near Route 611 (Old York Road) with direct access to Center City Philadelphia and the broader Montgomery County trade area, 7909 High School
Road offers investors the opportunity to capitalize on strong demographics, limited retail supply, and sustained local demand.
This offering presents a unique chance to acquire a well-located, infrastructure-rich retail asset with multiple pathways to value creation in a supply-constrained
suburban Philadelphia market.
INVESTMENT HIGHLIGHTS
Turnkey Food & Beverage Infrastructure – Two fully built-out commercial-grade kitchens provide significant replacement-cost value and create a competitive
leasing advantage for restaurant, catering, brewery, or specialty food operators.
Recently Renovated – Modernized improvements reduce near-term capital expenditure needs and position the property for immediate occupancy or lease-up.
Strong Visibility & Accessibility – Prominent frontage along High School Road with convenient access to Route 611 (Old York Road) and Center City Philadelphia.
Affluent, Dense Demographics – Located in established Elkins Park within Montgomery County, benefiting from strong household incomes and stable surrounding
residential density.
Functional Retail Layout with Loading – Rear loading dock enhances operational efficiency — a rare amenity for neighborhood retail in this submarket.
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