2528 W DIAMOND ST Philadelphia, PA 19121
1,600 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $235
Subdivision Brewerytown
MLS Listing ID PAPH2477620
Year Built 1915
Annual Tax Amount $4,262
Tax Year 2025
Lot Size 4,251 Sqft
Acres 0.1
Lot Dimensions 100x71
Property Sub-Type Retail
Source BRIGHT
Property Description
You can purchase this 3-lot package with a 4,251 SF total footprint through an SBA-7A loan, putting down 10% on a 25-year mortgage and a monthly payment of less than $3,100. That's much better than renting. Although this property operates as a turnkey restaurant, additional funds are built into the SBA-backed lender's package for improvements that enable the new owner to make personal changes strategic to their business model. The additional project funds enable the new owner to design and configure the service and production areas to reflect their custom improvements. For example, we recommend creating an ordering window that faces Diamond Street. ||
This corner restaurant sale offers a rare opportunity to own a CMX1-zoned 2,084 SF primary corner parcel with 1,550 SF building space anchoring a proven 30-year BBQ business. Located on a prominent triangular corner lot at 25th Street and the bustling Diamond Street corridor, this parcel includes a working commercial kitchen, equipped with a gas griddle, deep fryer, and stove-ovens with a hood and fire suppression system, refrigerators, commercial equipment, and storage. ||
The adjoining 32' double-wide lot is 2,167 SF, zoned RSA-5, it can serve, with a variance, as a casual outdoor dining area for customer use or restaurant expansion. ||
Registered and compliant, this humble business has operated smoothly with a clean record from the Department of Licenses and Inspections (L&I), free from building or licensing violations. This operational integrity ensures a hassle-free transition for new ownership and reflects the property's strong foundation and established reputation.
Tap into the steady through traffic flow across the Diamond Street corridor. This location benefits from the dynamic growth and revitalization in the nearby Brewerytown and Strawberry Mansion neighborhoods. These areas are emerging as vibrant communities, bringing new opportunities and an influx of interest from investors, businesses, and residents alike. ||
Create your core menu concept to drive repeat business, then let your business savvy kick in to grow a celebrated legacy business. ||
Alternatively, this corner three-lot package can also serve as a location for redevelopment.
Whatever your interest, consider this opportunity, and call today to clarify any details or to schedule an appointment.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning CMX1, RSA-5
Interior
Hot Water Natural Gas
Heating Baseboard - Electric, Radiant
Cooling None
Flooring Concrete
Inclusions All commercial fixtures, except several excluded items.
Heat Source Electric
Exterior
Garage Spaces 3.0
Utilities Available Electric Available, Sewer Available
Water Access N
Roof Type Rubber
Street Surface Black Top
Accessibility No Stairs, Level Entry - Main
Total Parking Spaces 3
Garage N
Building
Lot Description Corner, Irregular
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 882014940, 32226900, 322269100
Ownership Fee Simple
SqFt Source Estimated
Security Features Monitored
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
