39 E Oregon Ave, Philadelphia, PA 19148

$3,200,000

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List Price
$3,200,000
Days on Market
1
Status
ACTIVE
MLS#
PAPH2656928
Lot Size (Acres)
1
Year Built
1992
County
Philadelphia
School District
Philadelphia City

Property Description

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.

Additional Information

Area
19148 (19148)
Taxes
$13639
Stories
1
School District
Philadelphia City
View
Street
Heating
Wall Unit
Heating Fuel
Natural Gas, Electric
Cooling
Multi Units
Roof
Rubber
Utilities
Cable TV, Electric Available, Natural Gas Available, Phone
Water
Public
Sewer
Public Sewer

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Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of RE/MAX Select Group. Contact: 2675203711