6000 Vine StPhiladelphia, PA 19139

  • Retail properties
  • 2,880 SF
For Sale
$300,000 View listing

Property Details for 6000 Vine St

Year built
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.19 AC
Property size (Sq ft)
2,880 SF
Zone code
CMX2
Property type
Retail properties
Property subtype
Retail space
APN
88-2-9362-30
APU
882936230

Description

This established Philadelphia restaurant, located at 6000 Vine St, 19139, is a profitable breakfast and lunch business for sale. The 1,500 square foot space boasts a contemporary business model, successfully blending in-person dining with a robust online ordering system. While primarily a takeout operation, ample seating is available for dine-in customers. A significant advantage is the convenient location and the inclusion of 5 off-street parking spaces, a rare find in this area. The business has demonstrated consistent year-over-year growth, presenting excellent potential for further expansion. The current lease, with a remaining term of 2.8 years, includes a favorable 5-year option, providing significant security for the buyer. The asking price is $300,000. Annual rent escalations of 3% commence September 1, 2025. The lease commenced September 1, 2022, and expires August 31, 2027. This is a single-tenant occupancy property, ideal for an owner-user seeking a turnkey operation in a prime Philadelphia location. The business is currently operating at 100% occupancy.

6000 Vine St, Philadelphia, Pennsylvania

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.9664
Longitude
-75.24
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,661
$38,027
$152,073
$190,100
-
$38,027
$152,073
$190,100

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