Laundromat Retail
For Sale
$750,000
309 S 48TH STREET, Philadelphia, PA 19143
Established laundromat business with commercial laundry equipment, customer parking, and lease-transfer potential subject to landlord approval.
Property Size23,600 SF
Price / SF$31.78
Days on Market9
Property Features for 309 S 48TH STREET
General Information
Standard status
Active
Size
23,600 SF
Property subtype
Business
Building Details
Year Built
1940
Listing Agency:
Better Homes Realty Group
(267) 438-1887
Listed By:
Greg Lin · License #RS297372
(267) 438-1887
Source:
Cummingsrealtors
Added: Aug 8
Changed: Aug 16
Last Checked: Aug 16 at 7:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Better Homes Realty Group
Investment Insights
Based on property information with market context.
Business-only sale of an established laundromat operating from an approximately 6,000-square-foot retail space at 309 S 48th Street in Philadelphia. The operation includes more than 100 commercial washers and dryers, laundry equipment, fixtures, and goodwill. Customer parking lots are also available, supporting convenient access for larger laundry loads. Real estate is not included; the buyer will assume the existing lease subject to landlord approval and applicable lease terms.
The property is positioned in the University City and West Philadelphia area, near the University of Pennsylvania and Drexel University. The surrounding context includes residential neighborhoods, students, faculty, staff, and neighborhood customers, with public transportation in the area. Financial information, an equipment list, and additional business details are available to qualified buyers subject to an executed confidentiality agreement and/or proof of funds, as appropriate.
The property is positioned in the University City and West Philadelphia area, near the University of Pennsylvania and Drexel University. The surrounding context includes residential neighborhoods, students, faculty, staff, and neighborhood customers, with public transportation in the area. Financial information, an equipment list, and additional business details are available to qualified buyers subject to an executed confidentiality agreement and/or proof of funds, as appropriate.
Key Highlights
- Business and assets sale; real estate is not included
- Approximately 6,000 SF laundromat operation
- More than 100 commercial washers and dryers
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,515
Businesses Nearby
51k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 91%
Dining 9%
Sunoco
Shops & Services
12,837 visits/mo
0.4 miles
Sunoco
Shops & Services
11,845 visits/mo
0.4 miles
Exxon
Shops & Services
8,589 visits/mo
0.3 miles
7-Eleven
Shops & Services
7,912 visits/mo
0.3 miles
Toyota Certified At Central City
Shops & Services
3,795 visits/mo
0.3 miles
Demographics for 19143, PA
64,648
Population
31,391
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
20,854
Density / Sq Mi
$47,964
Median Household Income
$38,189
Median Earnings
$1,235
Median Rent
$152,000
Median Home Value
Market
Vacancy Rate% for Retail in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Established laundromat business with commercial laundry equipment, customer parking, and lease-transfer potential subject to landlord approval.
Where is this retail space located?
The property is located at 309 S 48TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Business and assets sale; real estate is not included; Approximately 6,000 SF laundromat operation; More than 100 commercial washers and dryers
