3,611 SqFt
3,611 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,611 sqft
Price per Sqft $166
MLS Listing ID PAPH2415160
Originating Board BRIGHT
Year Built 1960
Annual Tax Amount $3,772
Tax Year 2024
Lot Size 3,611 Sqft
Acres 0.08
Lot Dimensions 26.00 x 143.00
Property Description
Here’s your chance to own a well-established, meticulously maintained fine meats & deli with land in a high-demand, high-traffic location. Positioned near vibrant residential neighborhoods, schools, and major healthcare facilities, Ferrante’s enjoys a steady and diverse customer base of families, students, office professionals, and medical staff, creating a constant flow of patrons all day. This prime real estate offers both stability and exciting expansion potential, making it an unparalleled investment with boundless possibilities.
Whether you're an investor looking for high growth potential or an entrepreneur ready to step into a profitable business, Ferrante’s offers a solid foundation with ample room to scale. Expand the popular catering service, introduce delivery options, or extend hours to meet even more demand from the surrounding community. As a turnkey operation with an impressive capitalization rate just under 30%, it’s primed for continued success and growth under new ownership.
Secure this rare opportunity today! Contact us to schedule your private showing and explore how this premier location can be the cornerstone of your next successful venture. Financials available for serious buyers. Preliminary financing options are also available for qualified applicants.
Location
State PA
County Philadelphia
Area 19151 (19151)
Zoning CMX2
Interior
Hot Water Natural Gas
Cooling Ductless/Mini-Split
Inclusions Restaurant Equipment
Equipment Negotiable
Heat Source Natural Gas
Exterior
Water Access N
Accessibility Level Entry - Main
Garage N
Building
Sewer Public Septic, Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 882810800
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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