1. Pennsylvania
2. Philadelphia
3. 4705 FRANKFORD AVE

4705 FRANKFORD AVE, Philadelphia, PA 19124

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

Listing Status:

Active

Listing Office:

PK PROPERTY INC. : 2156355100

Listing Agent:

Peter Han : 2156681666

MLS ID:

PAPH2530758

Interior

• A/C: Central A/C
• Heating: CentralElectric
• Disability Feature: 2+ Access ExitsLevel Entry - Main

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Peter Han, PK PROPERTY INC.