Established Laundromat Retail
For Sale
$750,000
309 S 48TH Street, Philadelphia, PA 19143
BusinessOpportunity, PHILADELPHIA, PA
Property SizeContact for details
Lot Size0.74 Acres
Days on Market30
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
Changed: Sep 5
Last Checked: Sep 9 at 7:06PM
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 business-only sale includes an established laundromat operation occupying approximately 6,000 SF. The offering includes more than 100 commercial washers and dryers, along with laundry equipment, fixtures, and goodwill. Large customer parking lots support the operation and provide convenience for customers handling larger loads.
The business is located at 309 S 48TH Street in Philadelphia’s University City/West Philadelphia area, near the University of Pennsylvania, Drexel University, residential neighborhoods, and public transportation. The surrounding area includes students, faculty, staff, neighborhood residents, and other customers. Real estate is not included; the purchaser will assume or take over the existing lease, subject to landlord approval and its terms.
The business is located at 309 S 48TH Street in Philadelphia’s University City/West Philadelphia area, near the University of Pennsylvania, Drexel University, residential neighborhoods, and public transportation. The surrounding area includes students, faculty, staff, neighborhood residents, and other customers. Real estate is not included; the purchaser will assume or take over the existing lease, subject to landlord approval and its terms.
Key Highlights
- Approximately 6,000 SF laundromat operation
- 100+ commercial washers and dryers
- Business and assets sale; real estate not included
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
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
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Market
Vacancy Rate% for Retail in Philadelphia, PA
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Frequently Asked Questions
What type of property is this?
Retail space - Business and laundry assets transfer with an existing lease, subject to landlord approval and applicable lease terms.
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; 100+ commercial washers and dryers; Business and assets sale; real estate not included
