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Equipped Conventional Restaurant
For Sale
$3,200,000

39 E OREGON Avenue, Philadelphia, PA 19148

BusinessOpportunity, PHILADELPHIA, PA

Property SizeContact for details
Lot Size1.00 Acre
Days on Market31

Property Features for 39 E OREGON Avenue

General Information

Property type Other
Property subtype Retail
Parking 27
Parking features Fenced, Offsite, Driveway
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Lot size 1.00 Acre

Taxes and HOA fees

Tax Annual Amount 13639

Utilities

Heating system Other (Heating)
Cooling system Multi Units

Building Details

Year built 1992
Building materials Masonry
Listing Agency: RE/MAX Select Group · RE/MAX International
Listed By: Arthur Kousombos · License #RS177352L
Added: Aug 6 Changed: Sep 1 Last Checked: Sep 5 at 1:06AM
MLS# PAPH2656928

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This conventional restaurant sale includes the operating food-service business, trade fixtures, equipment, business assets, and existing goodwill. The property is masonry construction with multi-unit cooling, indoor seating for 30+ patrons, and on-site parking for 25+ vehicles. The operation has been established for more than 30 years and includes an existing staff.

The offering combines 39 E. Oregon Ave. with the adjacent parcel at 29 E. Oregon Ave. The two parcels total 1 acre, with over 100 feet of frontage and a 125-foot depth. CMX-2 zoning supports neighborhood commercial mixed-use applications, including retail, commercial, and upper-story residential uses. Parking includes a fenced driveway and an adjacent lot leased from PennDOT.

Key Highlights

  • Operating restaurant business established for more than 30 years
  • Sale includes trade fixtures, equipment, business assets, and existing goodwill
  • 39 E. Oregon Ave. plus adjacent parcel at 29 E. Oregon Ave.

Property Analytics

Current Use

Tony and Nick's Steaks Take-out & Catering

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,163
Businesses Nearby
426k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 26% Home Improvements & Furnishings 20% Groceries 19% Apparel 17%
IKEA Home Improvements & Furnishings
70,863 visits/mo 0.5 miles
ShopRite Groceries
52,654 visits/mo 0.3 miles
Burlington Apparel
35,573 visits/mo 0.4 miles
McDonald's Dining
29,276 visits/mo 0.1 miles
Aldi Groceries
28,079 visits/mo 0.1 miles

Demographics for 19148, PA

53,976
Population
22,944
Households
2.4
Avg Household Size
36
Median Age
39%
College-Educated
85%
High-School Grad
4.2 sq mi
ZIP Area
12,851
Density / Sq Mi
$80,469
Median Household Income
$50,067
Median Earnings
$1,492
Median Rent
$296,800
Median Home Value

Market

Vacancy Rate% for Retail in Philadelphia, PA

6.7% 2019
8.2% 2020
7.8% 2021
6.6% 2022
6.2% 2023
5.5% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Royal Buffet and Grill 2743 S 3rd St, Philadelphia, PA 19148

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating food-service business with fixtures, equipment, seating, parking, and CMX-2 mixed-use zoning.
Where is this conventional restaurant located?
The property is located at 39 E OREGON Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Operating restaurant business established for more than 30 years; Sale includes trade fixtures, equipment, business assets, and existing goodwill; 39 E. Oregon Ave. plus adjacent parcel at 29 E. Oregon Ave.
More about this property
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