Unique and rare offering of this iconic property and business that was established in 1957. The business ( just recently closed because of retirement) and building are being offered together! The building is 1536 +/- SF and is the perfect opportunity for any deli / grocery store looking for a unique opportunity with a steady income stream. The property is located near South Broad Street, Sports Stadiums and easy access to New Jersey. 1st floor and lower level is 1,500 +/- SF which includes 750 +/- store and 750+/- lower level / storage space and a bathroom. This location also holds a large two-bedroom, one bath residential unit on the 2nd floor. Family member / Tenant is on a month-to-month basis. The landlord pays water and tenant pays electric and gas. The property’s corner location allows for tons of exposure to both walking and vehicular traffic with a load zone area that includes an advertising sign and outdoor menu cabinet! Located on the corner of Warnock and Shunk, the property is zoned CMX1. This property could be yours to live and work in, or work and lease out the residential unit. Lou and Son have been a staple in the South Philadelphia community for nearly seven decades with a spectacular reputation of honesty, quality sandwiches & long-time repeat clientele!
Property Type :
Multi-Family
Subdivision :
Philadelphia (south)
County :
PHILADELPHIA
Style :
Multi-Family
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ByOwner last updated this listing 05/01/2024 @ 05:46
MLS: PAPH2340300
LISTED BY: Michael A. Becker , KW Empower
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
