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$125,000
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Property Description
This is a great opportunity for a turnkey restaurant in a high traffic business area with over $500K in gross annual sales! It is a fully equipped established restaurant with a terrific take out and delivery business ready for the next entrepreneur. It includes essential equipment like grills, dual gyro maker, refrigerators, freezers as well as other kitchen and dinning items and is offers both dine in and take out service. This is a business only sale, the building is NOT included in the sale but is leased at $2400 monthly rent.
Full Property Details
Full Property Details for 1940 Cottman Ave Ave
General
- Price: $125,000
- Taxes: $1 (2025)
- Status: Active
- Type: Business
- Source: BrightMLSPhilly
- MLS ID: PAPH2558570
- Updated: 1/9/2026
- Added to Site: 42 day(s) ago
Business
- Business Type: Restaurant/Bar
- Seating Capacity: 12
Rooms
Bathrooms
- Restrooms: 2
Parking
- Parking Type: On Street
Location
- Area: 19111 (19111)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: on the corner of Castor Avenue and Cottman Avenue
School Information
- School District: The School District Of Philadelphia
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Building Size: 958
- Current Bldg. Use: Restaurant
- Year Built: 1950
- Year Built Source: Estimated
- Property Condition: Good
Unit Information
- # Tenants: Single
Lot Features
- Zoning: COMMERCIAL
Financial Considerations
- Price Per Sq. Ft.: $130.48
- Tax w/Assessment: $125,000
- Tax Amount: $1
- Tax Year: 2025
Disclosures and Reports
- Ownership: Leasehold
- Inclusions: All restaurant equipment and furniture
Listed by RE/MAX Regency Realty, Ernest Sharp
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Schools
Schools serving 1940 Cottman Ave Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Moore J Hampton School 6900 Summerdale Avenue, Philadelphia, PA 19111 | K-5 | 0.6 mi |
Castor Gardens Middle School 1800 Cottman Avenue, Philadelphia, PA 19111 | 6-8 | 0.2 mi |
Northeast High School 1601 Cottman Avenue, Philadelphia, PA 19111 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1940 Cottman Ave Ave
Date
Details
Price
Change
Source
1/09/2026
Listed
$125,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1940 Cottman Ave Ave
1940 Cottman Ave Avenue, Philadelphia, PA 19111 (MLS# PAPH2558570) is a Business property. 1940 Cottman Ave Avenue is currently listed for $125,000 and was received on January 09, 2026. Want to learn more about 1940 Cottman Ave Avenue? Do you have questions about finding other Business real estate for sale in Center City East? You can browse all Center City East real estate or contact a Coldwell Banker agent to request more information.

