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$1,485,587
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Property Description
Sale Includes: Real Estate (combined 6000 sf per phila.gov), Operating Business with proven track record, Fully In Place Tenant, Equipment, Fixtures, High CAP Rate Lucrative Asset, Excellent Opportunity for ABSENTEE OWNER, OWNER USER, or INVESTOR Significant ROI, Low RE Tax ($5605 combined per Phila.gov). Properties specifically designed and reconstructed for efficient use by a food service provider. Check out possibility to expand building +-1000 sq ft for Additional Income Producing Kitchen and or Cold Storage Space. Sale includes two adjoining well maintained masonry buildings (with separate parcel numbers) Large remote controlled gated parking lot divides the buildings. INCLUDES In Place Qualified Tenant. Included are state of the art commercial kitchen modules, abundant dry and cold storage areas and Two Walk In Refrigerators, Stainless Steel Tables with Many Other Fixtures and 24 Hour Surveillance System, and more. Located in an Opportunity Zone 1 mile from I95 Bridge Street ramp. (Due to local health laws and regulations most mobile food vendors are required to be engaged with a support facility aka commissary. A commissary is a convenient law compliant location where the food is prepared and in a setting easily accessible by local health inspectors. What this means to an owner is you have access to a very large captive customer base. A commissary caters to the needs of food truck and food cart operators, caterers, bakers, packaged goods providers, meal prep, condiment manufacturers, ghost kitchens, institutional food prep providers to name a few). Easily operated by some one with or WITHOUT food experience. Check Opportunity Zone Maps for add'l programs.
Full Property Details
Full Property Details for 2549-2551 Orthodox St
General
- Sold For: $1,485,587
- Taxes: $1,970 (2023)
- Status: Closed
- Type: Commercial
- Source: BrightMLSPhilly
- MLS ID: PAPH2056610
- Added to Site: 1, 510 day(s) ago
Business
- Business Type: Other
Rooms
Bathrooms
- Restrooms: 2
Parking
- Total Spaces: 23
- Parking Type: Parking Lot, On Street
Location
- Area: 19137 (19137)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Cross Streets: Aramingo Avenue
- Driving Directions: Use GPS
Heating & Cooling
- Cooling Type: Ductless/Mini-Split
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Drive-In Doors: 1
- Drive-In Clearance: 8' to 12'
- Stories/Levels: 0
- Year Built: 1950
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 12,956
- Lot Size Source: Estimated
- Lot Dimensions: 60.00 x 132.00
- Fence: Yes
- Zoning: ICMX
Financial Considerations
- Price Per Sq. Ft.: $308.33
- Assessment Year: 2023
- School Tax: $1,081
- City/TownTax: $889
- City/TownTax Freq: Annually
- Tax w/Assessment: $140,800
- Tax Amount: $1,970
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 40
Listed by Coldwell Banker Hearthside Realtors, Mark F Orehowsky
Sold by Diamond Platinum Realty, Natasha Martin
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Price & Sales History for 2549-2551 Orthodox St
Date
Details
Price
Change
Source
4/04/2024
Sold
$1,485,587
-19.7%
MLS
1/07/2022
Listed
$1,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2549-2551 Orthodox Street, Philadelphia, PA 19137 (MLS# PAPH2056610) is a Commercial property that was sold at $1,485,587 on April 04, 2024. Want to learn more about 2549-2551 Orthodox Street? Do you have questions about finding other Commercial real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

