For Sale
$595,000

6727 Lansdowne AvePhiladelphia, PA 19151

Profitable corner store, high-traffic location.

Overview

Added:
Dec 11, 2024
Days on market:
115
This 3,754 square foot mixed-use storefront property at 6727 Lansdowne Ave, Philadelphia, PA 19151, is offered at $595,000 ($158.50/sq ft). The property, situated on a 3,323 sq ft lot, is zoned RSA3 and boasts a prime corner location at a signalized intersection. Currently operating as a successful dairy bar and eatery for 50 years, the sale includes all fixtures, furniture, and equipment (FF&E), along with existing tenant occupancy, presenting opportunities for increased value. The business offers Italian water ice, cheesesteaks, wings, and fries, and features a vent hood. Its convenient location benefits from two SEPTA bus routes, ensuring high visibility and accessibility. The property is a fee simple ownership, with a 25% current occupancy rate. While the current cap rate is 0%, the long-standing business and prime location offer significant potential for future growth and profitability. This is a rare opportunity to acquire a well-established business with substantial upside in a desirable Philadelphia neighborhood. The APN is 871159050.

Highlights

  • High-volume Italian ice sales history.
  • Established food service operation including cheesesteaks, wings, and fries.
  • Existing commercial kitchen exhaust hood.
  • High-traffic location at a signalized intersection.
  • Convenient access to two SEPTA bus routes.

Property Details for 6727 Lansdowne Ave

Property type
Retail properties, Mixed-use properties
Square Feet
3,754 SF
Class
C

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.974464605506
Longitude
-75.255264080305
6727 Lansdowne Ave, Philadelphia, Pennsylvania

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6727 Lansdowne Ave
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