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    Takeout Restaurant and Residential Multi-Units Title is generated by Realmo AI

    1500 N 2ND Street, Philadelphia, PA 19122

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    Claim this Listing
    New
    For Sale
    $2,200,000

    MULTI_FAMILY - Other - PHILADELPHIA, PA

    Lot size:
    0.02 Acres
    Added:
    Jun 12, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 14 at 4:06 am

    Property Features for 1500 N 2ND Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    On Street
    Standard status
    Active
    Lot size
    0.02 Acres

    Taxes and HOA fees

    Tax Annual Amount
    4308

    Utilities

    Heating system
    Forced Air
    Cooling system
    Ductless

    Building Details

    Year built
    1915
    Number of units
    4
    Building materials
    Masonry
    Architectural style
    Other

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    Listing Contact
    Roberto F Neris

    Listing agent Roberto F Neris License #RS299462

    Listing office Realty Mark Associates 2250 Terwood Drive, Southampton, PA

    Listing date Jun 12, 2026

    MLS# PAPH2632402 Listing URL

    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.

    HighLights

    • Package includes operating business, equipment owned, and 4 individually deeded buildings
    • 1500–1502 N. 2nd St take‑out restaurant with 3 apartments
    • 205–207 W. Jefferson St includes two 2BD houses at the corner of 2nd and Jefferson
    • All properties are tenant occupied on month‑to‑month leases and can be delivered vacant
    • Construction materials include masonry
    • Heating is forced air with ductless cooling; on‑street parking

    Overview

    The package includes an operating takeout restaurant business known as El Greco Pizza and Luncheonette, along with equipment owned and included in the sale. The offering also includes four individually deeded buildings. One component is 1500-1502 N. 2nd, which is configured as a takeout restaurant with three apartments. The other components are 205-207 W. Jefferson, which are 2-bedroom houses.

    All properties are tenant occupied on a month-to-month basis and may be delivered vacant depending on timing. The 1500-1502 N. 2nd building and the 205-207 W. Jefferson houses are described as being situated at the corner of 2nd and Jefferson.

    This is a practical fit for an owner-operator or investor seeking both restaurant operations and residential rental income within a single package. Buyers may also consider dividing the parcels to sell separately or pursuing development as outlined in the seller’s remarks. The listing is presented as a turn-key business and property package, and qualified buyers with proof of funds are directed to contact the listing agent for additional information.
    Property Profile Location Intelligence

    Current Use by Public Records

    Borum Burke & Didonato ... Law Firm El Greco Pizza ... Restaurant

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.1386932
    Latitude
    39.9737321

    FAQs

    What type of property is this?
    Conventional restaurant - Package includes an operating takeout restaurant with apartments plus two 2-bedroom houses, all in individually deeded buildings.
    Where is this conventional restaurant located?
    The property is located at 1500 N 2ND Street Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: Package includes operating business, equipment owned, and 4 individually deeded buildings; 1500–1502 N. 2nd St take‑out restaurant with 3 apartments; 205–207 W. Jefferson St includes two 2BD houses at the corner of 2nd and Jefferson
    More about this property
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