Presenting a rare turnkey investment opportunity in a high traffic South Philadelphia corridor, just moments from the Sports Complex. After more than 30 successful years, the owner of this well established food service business is retiring, offering a fully equipped, fully staffed operation with a loyal and long term team in place for a seamless transition. The sale includes 39 E. Oregon Ave. and the adjacent parcel at 29 E. Oregon Ave., which together offer exceptional future commercial or mixed use development potential. All business assets, trade fixtures, equipment, and existing goodwill are included in the sale. The property features a CMX-2 zoning designation, a Neighborhood Commercial Mixed Use classification that permits a wide range of neighborhood serving retail, commercial, and upper story residential uses. Additionally, the location features over 100 feet of frontage, a depth of 125 feet, indoor seating for 30+ patrons, and on site parking for 25+ vehicles, including an adjacent lot leased from PennDOT for $400 per month. This thriving business is an ideal acquisition for an investor or operator looking to step into a thriving income producing business in one of Philadelphia’s most desirable commercial corridors. Qualified buyers only. Proof of funds is required prior to the release of financial information or scheduling a showing. Seller financing is available.
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Listing Snapshot
Price
$3,200,000
Days On Site
58 Days
Bedrooms
N/A
Inside Area (SqFt)
2,800 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
1 Acre
Year Built
1992
MLS® Number
PAPH2656928
Status
Active
Property Tax
$13,639
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
React
Invite
Recent Activity
a month ago
Listing updated with changes from the MLS®
2 months ago
Listing first seen on site
General Features
Acres
1
Cross Street
3 rd Street
Foundation
Concrete Perimeter
Number Of Stories
1
Parking
LightedDriveway
Parking Spaces
25
Property Sub Type
Retail
Security
24 Hour SecurityCarbon Monoxide Detector(s)
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
2800
Utilities
Cable AvailableNatural Gas AvailableElectricity Available