Sandra Caracappa Duffy - Coldwell Banker Hearthside
2549 Orthodox St
PHILADELPHIA, PA 19137

$1,595,000

Description

READ ENTIRELY: Profit from Recent Law Changes* Your Tenants Are Now A Captive Audience, Cutting Edge Facility with Multiple Revenue Streams, Profitable and Operating Philadelphia Commissary Leases Time and Space to Food Vendor Tenants..Owner Needs No Food Experience or Involvement with Food in Any Way.. Tenants ? Not Owner -- Prepares Food.. Easy Business to Operate.. State of Art Operation.. Virtually No Competition.. Adjacent To I-95 Corridor.. Business Profitable from Day Started.. Great Growth Potential.. REVENUE STREAMS INCLUDE: Food Truck Tenants (Pay Monthly Rent for Commissary Use and Parking), Members (Pay Annually Plus 25.00/hr.).. 'Ghost' Restaurateurs (Pay Monthly Rent and/or hourly).. Includes Operating Ancillary Restaurant space (Tenant Occupied).. NEW OWNER CAN ADD REVENUE BY SELLING TO TENANTS: Propane, Ice, Bottled Water, Soft Drinks, Gasoline Fleet Buying Group, Other Supplies, Coin Operated Vehicle Washing. EXISTING RENTS AND HOURLY RATES HAVE LARGE UPSIDE POTENTIAL, SALE INCLUDES: Two Renovated Buildings Zoned ICMX (Separate Parcel Numbers), Large Parking Lot, Top of Line Multiple Commercial Kitchen Modules (Per Code) Great Opportunity For Experienced Food Business Operator Owner to Become "Ghost Restaurateur" with Untapped Markets Including Retirees, Busy Professionals, Unattached Parents etc, While Simultaneously Operating Commissary For Food Vendor Tenants Contact Listing Agent for links to Forbes and Chicago Tribune Articles on "Ghost Restaurants" and More Info. *Philadelphia and other municipalities have instituted regulations stipulating that in order to receive a mobile food vending license vendors must have documented access to a commissary where they prepare their food with city/municipality inspector access to inspect. Sale Includes: Profitable Business with Multi Revenue Streams, Real Estate (2 Buildings), Existing Leases, FF&E. Also Includes Furnished Restaurant Space.

Details

MLS#1000310957
StyleIndustrial
Sub-TypeResale
StatusActive
Year1950
Days On Site235

Features

SQ Feet5,945
Story(s)0
ZoningICMX

Market Activity 19137

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Area Information

StatePA
CityPHILADELPHIA
Zip Code19137
Area19137 (19137)
Listing VS Median (in 19137)
Price:
$1,595,000
low | high
Med:
$165,000
100% of Average
SqFt:
5,945
low | high
Med:
1,431
100% of Average
$ / SqFt:
$268
low | high
Med:
$115
100% of Average
On Site:
235
low | high
Med:
115
100% of Average
Listing Updated: 08/17/2018

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