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. Seller financing is available.
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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. Seller financing is available.
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