Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
3,300
This is a corner "beer deli" located in a great neighborhood with excellent business potential. The property appears to be a three-story building; the ground floor houses the beer deli, which features a seven-door cooler and a well-equipped kitchen. It is also secured with bulletproof glass. Currently, the business focuses on selling items like beer and candy rather than prepared food; weekly sales average $10,000. Annual expenses include approximately $10,000 for utilities, $1,900 for property taxes, and a combined $4,500 for building and business insurance. It is currently owner-operated by a couple with no additional staff, and they operate from 10 AM to 10 PM. Because they sell a high volume of individual beer units, profit margins are higher than at similar locations. Monthly net income—including the owners' wages—is around $12,000. The second floor offers seating, and the third floor contains a two-bedroom apartment. The building has an impressive presence, and a new owner could significantly boost sales. It is situated right on the corner. There is a separate entrance for the apartment, allowing access even when the shop is closed, and a driveway along the side and rear of the building adds great convenience. Street parking is available on both sides of the corner. The entire package—including the building, licenses, apartment facilities, and business—is listed for $450,000. If broken down, the building is valued at $250,000, while the business, licenses, and other assets total $200,000, making the combined price $450,000. This location offers the potential for significantly increased sales if the owner lives in the two-bedroom apartment and introduces a food menu.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.02
-
Lot Size(square feet)
976
-
Property Type
Business Opportunity
-
Property Sub Type
Retail
Price
-
Sales Price
$450,000
-
Tax Amount
$2,043
-
Sq. Footage
3,300
-
Price/SqFt
$136
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Peter Han , PK PROPERTY INC.
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