$430,000

Old York Rd

PHILADELPHIA PA, 19126

Description

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.

Details

MLS#PAPH509570
StyleIndustrial
Sub-TypeResale
StatusActive
Year1930
Days On Site284

Features

SQ Feet1,763
Story(s)0
ZoningCMX2

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Area Information

StatePA
CityPHILADELPHIA
Zip Code19126
Area19126 (19126)
Listing VS Median (in 19126)
Price:
$430,000
low | high
Med:
$189,900
100% of Average
SqFt:
1,763
low | high
Med:
1,638
57.118547929665% of Average
$ / SqFt:
$244
low | high
Med:
$122
99.783720311946% of Average
On Site:
284
low | high
Med:
148
100% of Average
Listing Updated: 10/22/2019
MLS Number: PAPH509570
Listing Provided By:
Costas Antonoulis  of  BHHS Fox Roach-Art Museum