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2549 Orthodox Street, Philadelphia, PA 19137

$1,595,000

  • For Sale
  • Active
  • Commercial
2549 Orthodox Street, Philadelphia, PA 19137View this property at 2549 Orthodox Street, Philadelphia, PA 19137
2549 Orthodox StreetPhiladelphiaPA19137

Property 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.

Full Property Detailsfor 2549 Orthodox Street

General

  • Price: $1,595,000
  • Taxes: $1,764 (2018)
  • Status: Active
  • Type: Commercial
  • MLS ID: 1000310957
  • Updated: 6/12/2018
  • Added: 324 day(s) ago

Business

  • Business Type: Commercial, Professional/Office, Restaurant, Bar/Tave
  • Includes: Land Only

Rooms

Bedrooms

  • Master Bedroom: Unspecified

Additional Information

  • Other Features: Fencing, Overhead Door

Parking

  • Parking Type: None

Location

  • Area: 19137 (19137)
  • County: Philadelphia
  • Development Name: Bridesburg
  • Subdivision: Bridesburg
  • Cross Streets: Route 95
  • Driving Directions: South on State Rd from Route 95 Ramp merger on to Aramingo Ave to Left on Orthodox Street continue to property on left look for green opaque fencing.

Utilities

  • Utility Description: Water Available, Sewer Available, Natural Gas Available, Phone

Structural Information

  • # Buildings: 2
  • Architectural Info: Other
  • Construction: Brick
  • Stories/Levels: 0
  • Finished Above Grnd: 5,945 Sq. Ft.
  • Year Built: 1950
  • Year Built Source: Estimated

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Size (Sq. Ft.): 12,956
  • Lot Dimensions: 60 x 132
  • Zoning: ICMX

Financial Considerations

  • Price Per Sq. Ft.: $268.29
  • Tax w/Assessment: $126,000
  • Tax Amount: $1,764
  • Tax Year: 2018

Disclosures and Reports

  • Ownership: Fee Simple
  • Inclusions: See Public Remarks
  • Lot: 40

Listed by Coldwell Banker Hearthside Realtors-Huntingdon Val, Mark F Orehowsky

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Schools

Schoolsserving 2549 Orthodox Street

School District:The School District Of Philadelphia
School Name
Grades
Distance
Bridesburg School
2824 Jenks St, Philadelphia, PA 19137
K-7
0.5 mi
Frankford High School
5000 Oxford Ave, Philadelphia, PA 19124
9-12
1.5 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 2549 Orthodox Street Get Price Alerts

Date
Details
Price
Change
Source
3/21/2018
Price Reduced
$1,595,000
-5.9%
MLS
7/30/2017
Listed
$1,695,000
1894.12%
MLS
2/25/2013
Sold
$85,000
Public Record
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Community Info

Community Infofor 2549 Orthodox Street

Listed by Coldwell Banker Hearthside Realtors-Huntingdon Val, Mark F Orehowsky

2549 Orthodox Street, Philadelphia, PA 19137 (MLS# 1000310957) is a Commercial property. 2549 Orthodox Street is currently listed for $1,595,000 and was received on July 30, 2017. Want to learn more about 2549 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.