CHARIS REALTY GROUP

39 E OREGON AVENUE

PHILADELPHIA, PA 19148

MLS#: PAPH2655006

$3,200,000

Status: Active
Listing number: PAPH2655006
Listing provided by: RE/MAX Select Group
Listing agent phone: None
Last update: 3 hours ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1992

Sq.Footage

2,600

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Multi Units, Electric

  • Heating YN

    YES

  • Heating

    Electric, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Lighted, Driveway

  • Pool

    No

  • Waterfront YN

    NO

  • View

    Street

Area & Lot

  • Lot Size(acres)

    1.0

  • Lot Size(square feet)

    43,560

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $3,200,000

  • Tax Amount

    $13,639

  • Financing Options

    Cash, Conventional

  • Zoning

    Food service, restaurant

  • Sq. Footage

    2,600

  • Price/SqFt

    $1,230

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • New Construction

    NO

  • Accessibility Features

    Accessible Doors, Accessible Hallway(s)

  • Foundation Details

    Concrete Perimeter

  • Sewer

    Public Sewer

  • Tax Lot

    12

  • Water Source

    Public

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Listing Courtesy of Arthur Kousombos , RE/MAX Select Group

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Agent Kelsey Norris

AGENT

Kelsey Norris

Call Kelsey today to schedule a private showing.

(240) 315-5288

kelsey@charisrealty.com


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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.

39 E OREGON AVENUE

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