Established Laundromat Retail
New
For Sale
$750,000
309 S 48TH Street, Philadelphia, PA 19143
BusinessOpportunity - PHILADELPHIA, PA
Property SizeContact for details
Lot Size0.74 Acres
Days on Market3
Property Features for 309 S 48TH Street
General Information
Property type
Other
Property subtype
Retail
Subdivision
NONE AVAILABLE
Elementary school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district
THE SCHOOL DISTRICT OF PHILADELPHIA
High school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status
Active
Lot size
0.74 Acres
Taxes and HOA fees
Tax Annual Amount
29512
Utilities
Heating system
Forced Air
Building Details
Year built
1940
Listing Agency:
Better Homes Realty Group
(215) 938-7800
Listed By:
Greg Lin · License #RS297372
(267) 438-1887
Added: Aug 11
Last Checked: Aug 13 at 5:06PM
MLS# PAPH2658274
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 offering comprises an established laundromat business and its operating assets, with real estate specifically excluded from the sale. The approximately 6,000 SF operation includes more than 100 commercial washers and dryers, along with laundry equipment, fixtures, and goodwill. Customers have access to large parking lots, supporting convenient handling of larger loads.
The business operates at 309 S 48TH Street in Philadelphia’s University City/West Philadelphia area, near the University of Pennsylvania and Drexel University. The surrounding context includes residential neighborhoods, educational institutions, and public transportation. The purchaser will be required to assume the existing lease, subject to landlord approval and applicable lease terms. The sale is being offered by an owner retiring from the business.
The business operates at 309 S 48TH Street in Philadelphia’s University City/West Philadelphia area, near the University of Pennsylvania and Drexel University. The surrounding context includes residential neighborhoods, educational institutions, and public transportation. The purchaser will be required to assume the existing lease, subject to landlord approval and applicable lease terms. The sale is being offered by an owner retiring from the business.
Key Highlights
- Approximately 6,000 SF laundromat operation
- More than 100 commercial washers and dryers
- Sale includes laundry equipment, fixtures, and goodwill
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 laundry operation with substantial equipment, customer parking, and an assumable lease 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: Approximately 6,000 SF laundromat operation; More than 100 commercial washers and dryers; Sale includes laundry equipment, fixtures, and goodwill
