MLS® ID: PAPH509570

OLD YORK ROAD

PHILADELPHIA, Pennsylvania, 19126

$430,000 Active
  • 4 Beds
  • 2.5 Baths
  • - SQFT
INVESTMENT PROPERTY FOR SALE (INCLUDES RETAIL BUSINESS) Price $430,000 ($300,000 for Building and $130,000 for Business) Great opportunity for a profitable and well ~ priced investment! This is a LANDMARK Pizzeria in North Philadelphia. Don~t miss out on this rare business opportunity with rental income in the East Oak Lane Commercial corridor.The building includes a healthy business (ground level), a two-bedroom apartment (second floor), and another two-bedroom apartment (third floor).The combination of competitive pricing and the flexible financing makes this listing very desirable. This well-established pizzeria has been in operation over 40 years by the same hard working couple, who are now ready to enjoy their retirement. The new owner will inherit the secret recipe of their crispy pizza dough. This pizza shop offers delivery, take-out and very small volume in dine-in service. The owners are willing to train the new owner. An introduction of promotional materials and delivery couriers could significantly increase profitability in this populous neighborhood. Furniture, fixtures and equipment are included in the sale. The apartments are fully occupied. The Real Estate cannot be purchased without the Business. Business can be purchased without the Real Estate with the option to purchase the Real Estate in the future. Owners Partial Financing is available to a Qualified Buyer.
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Listing courtesy of BHHS Fox & Roach-Art Museum

Amenities

  • Full baths
    2
  • Half baths
    1
  • Full Baths Range
    2+ Baths
  • Total Baths
    2.5
  • Zip
    19126
  • Office name
    BHHS Fox & Roach-Art Museum
  • SQFT
    0
  • Bedrooms
    4
  • Zoning type
    CMX2
  • Year built
    1930
  • Lot size
    0.04
  • Sewer
    Public Sewer
  • Heating
    Forced Air
  • Agent name
    Costas Antonoulis
  • Purchase Type
    Active
  • Price Range
    $400k-$500k
  • Square Feet Range
    < 1000 sq ft.
  • Bedrooms Range
    4 Beds
  • Year Built Range
    1989 (and earlier)
  • Office ID
    61016
  • Agent ID
    3267264

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