752 E TIOGA ST new to site

Philadelphia,PA 19134

$ 180000

- Bed

- Bath

800 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 800 sqft

Price per Sqft $225

Subdivision Kensington

MLS Listing ID PAPH2469724

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $1,993

Tax Year 2024

Lot Size 1,167 Sqft

Acres 0.03

Lot Dimensions 17.00 x 68.00

Property Sub-Type Other

Property Description

Large corner Hoagie store business for sale. The building is not for sale. Well kept and super clean. Great income and cash flow.
Great business with busy traffic and regular cutomers for lunch , soft drink and snacks. New owner can extend opening morning and evening hours to serve breakfast and early evening food.
Busy intersection of Tioga and G Street. With an approximately 1,167 sqft space for first floor including basement. Backyard and a whole basement. Metal steel pulling window and door. Alarm system and security camera 24/7. Signs on the front and rear.
Hoagie store sells soft beverages, hot and cold food. Business includes food and commercial license, all equipment, fixtures and inventory. Can be transferred to the new owner any time.
Equipment includes: Walk-in cooler, 3 chest freezer, Deep fryer, Grill, Sandwich prep table 48, Sandwich prep table 60, 3 Meat slicers, 2 Two section glass door beverage fridge, 1 one section solid door reach-in refrigerator, Commercial microwave, , Commercial kitchen hood system, Fire alarm, Security camera
Mon - Friday 10-5:30, Sat 12:00 PM - 5:30 PM, Sunday Closed.
Current lease started Nov 2, 2023 for $2,000, with 3% annual increase. The lease term is 6 years with 1(one) four year option to extend. The tenant pays for 50% real estate tax. All utility expenses and public liability insurance. The 2nd floor of the building is a one bedroom apartment which is vacant now.
Best showing time : Thur, Fri and Sat 3-4pm. or Sat 1-3pm.

Location

State PA

County Philadelphia

Area 19134 (19134)

Zoning CMX1

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water

Cooling Wall Unit

Inclusions equipment and fixtures

Heat Source Natural Gas

Exterior

Utilities Available Electric Available,Natural Gas Available,Phone,Water Available

Water Access N

Accessibility Other

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871543800

Ownership Leasehold

SqFt Source Assessor

Security Features Electric Alarm,Exterior Cameras

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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