4705 FRANKFORD AVE Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19124
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision None Available
MLS Listing ID PAPH2530758
Year Built 1930
Annual Tax Amount $1,902
Tax Year 2025
Lot Size 1,574 Sqft
Acres 0.04
Lot Dimensions 18.00 x 87.00
Property Sub-Type Retail
Source BRIGHT
Property Description
Right in front of a major city subway station, in a busy area with lots of people and cars, this three-story building has a basement. The first floor is a well-equipped beer deli, with current weekly sales of $19,000. It's run by three family members. Electricity, gas, and water bills are $1,000 per month, and building and business insurance is $5,000 per year. NO Food , beer accounts for nearly 90% of seller's sales. The remaining 10% is candy, potato chips and other snacks. sell a lot of loose beer so very profitable. There's a metal fence behind the building and can park one or two cars there. The second and third floors are occupied by four-bedroom apartments. 1 unit , If you lived on the second and third floors and operated the business , you could expect a net income of $280,000 per year. Dividing the $950,000 price byreal estate and business , $350,000 for the building and $600,000 for the beer license and business
Location
State PA
County Philadelphia
Area 19124 (19124)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Inclusions Equipment& Furniture & Philadelphia County beer License ( E) for beer deli
Heat Source Electric
Exterior
Garage Spaces 1.0
Utilities Available Cable TV Available,Electric Available,Natural Gas Available,Sewer Available,Water Available
Water Access N
Accessibility 2+ Access Exits,Level Entry - Main
Total Parking Spaces 1
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871112200
Ownership Fee Simple
Acceptable Financing Cash,Conventional,Exchange
Listing Terms Cash,Conventional,Exchange
Financing Cash,Conventional,Exchange
Special Listing Condition Standard