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
Square Footage 1,574 sqft
Price per Sqft $603
Subdivision None Available
MLS Listing ID PAPH2530758
Year Built 1930
Annual Tax Amount $1,902
Tax Year 2025
Lot Size 1,574 Sqft
Property Sub-Type Retail
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
Province 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
Exterior
Garage Spaces 1.0
Utilities Available Cable TV Available,Electric Available,Natural Gas Available,Sewer Available,Water Available
Water Access N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Acceptable Financing Cash,Conventional,Exchange
Listing Terms Cash,Conventional,Exchange
Special Listing Condition Standard