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$2,200,000 Just Listed
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Property Description
Up for your consideration is an amazing opportunity to own a neighborhood landmark since 1979! "El Greco Pizza and Luncheonette" The currently operating business and 4 individually deeded buildings and all equipment owned are for sale as a package deal! Included in this package deal are 1500-1502 N. 2nd take out restaurant with 3 apartments and 205-207 w. Jefferson, both 2bd. houses situated at the corner of 2nd and Jefferson st's. All properties are tenant occupied on a month to month basis and can be delivered vacant. This is a turn key opportunity to own your own take out restaurant business and collect rent or divide the parcels and sell separately or build on! Take a drive by and see new construction on just about every block! Owner is retiring! Please direct all inquiries to listing agent, do not ask owner or employees any questions if you decide to stop in. Qualified buyers with proof of funds are welcome to call listing agent for more info.
Full Property Details
Full Property Details for 1500 N 2nd St
General
- Price: $2,200,000
- Taxes: $4,308 (2025)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: PAPH2632378
- Updated: 6/12/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Restaurant/Bar, Bed and Breakfast, Hotel/Motel, Other
Parking
- Parking Type: On Street
Location
- Area: 19122 (19122)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Cross Streets: Jefferson
- Driving Directions: Corner of 2nd and Jefferson Sts.
Heating & Cooling
- Cooling Type: Ductless/Mini-Split
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric, Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Year Built: 1915
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 741
- Lot Size Source: Assessor
- Lot Dimensions: 15.00 x 49.00
- Zoning: CMX1
Financial Considerations
- Assessment Year: 2026
- School Tax: $2,412
- City/TownTax: $1,895
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $307,800
- Tax Amount: $4,308
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 173
Listed by Realty Mark Associates, Roberto F Neris
Get Pre-Approved Today
Schools
Schools serving 1500 N 2nd St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Moffet John School 127 West Oxford Street, Philadelphia, PA 19122 | K-5 | 0.2 mi |
Penn Treaty Middle School 600 East Thompson Street, Philadelphia, PA 19125 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1500 N 2nd St
Date
Details
Price
Change
Source
6/12/2026
Listed
$2,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1500 N 2nd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,309
—
$307,800
—
2024
$4,309
49%
$307,800
100%
2021
$2,889
-31%
-100%
2023
$4,202
45%
$300,200
45%
2020
$2,889
1%
$206,400
1%
2019
$2,861
-5%
$204,400
-5%
2018
$3,004
35%
$214,600
35%
2017
$2,217
—
$158,400
—
2016
$2,217
4%
$158,400
—
2015
$2,123
—
$158,400
—
2014
$2,123
110%
$158,400
1428%
2013
$1,013
—
$10,368
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1500 N 2nd St
1500 N 2nd Street, Philadelphia, PA 19122 (MLS# PAPH2632378) is a Commercial Service property. 1500 N 2nd Street is currently listed for $2,200,000 and was received on June 12, 2026. Want to learn more about 1500 N 2nd Street? Do you have questions about finding other Commercial Service real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

