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Equipped Restaurant with Parking
For Sale
$3,200,000

39 E Oregon Avenue, Philadelphia, PA 19148

CMX-2 zoning supports neighborhood-serving commercial and upper-story residential uses.

Property SizeContact for details
Days on Market17

Property Features for 39 E Oregon Avenue

General Information

Standard status Active
Property subtype Commercial
Zoning CMX-2
Lease Term []

Additional Details

Business Included Yes
Equipment Included Yes

Building Details

Year Built 1992
Listing Agency: RE/MAX Select Group
Listed By: Arthur Kousombos · License #RS177352L
Source: Deepcreeklake
Added: Jul 27 Changed: Aug 11 Last Checked: Aug 11 at 10:35AM

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 RE/MAX Select Group

Investment Insights

Based on property information with market context.

This established food service operation includes the business assets, trade fixtures, equipment, and an existing staff. The sale covers the restaurant at 39 E. Oregon Avenue along with the adjoining parcel at 29 E. Oregon Avenue. Interior seating accommodates 30+ patrons, while on-site parking provides space for 25+ vehicles.

The property offers over 100 feet of frontage and a depth of 125 feet along E. Oregon Avenue. CMX-2 zoning allows neighborhood-serving retail and commercial activity, as well as upper-story residential uses. The building was constructed in 1992, and the adjacent parking parcel is leased from PennDOT.

Key Highlights

  • 39 E. Oregon Avenue plus adjacent parcel at 29 E. Oregon Avenue
  • CMX‑2 Neighborhood Commercial Mixed Use zoning
  • Over 100 feet of frontage with a depth of 125 feet

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
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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 - CMX-2 zoning supports neighborhood-serving commercial and upper-story residential uses.
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: 39 E. Oregon Avenue plus adjacent parcel at 29 E. Oregon Avenue; CMX‑2 Neighborhood Commercial Mixed Use zoning; Over 100 feet of frontage with a depth of 125 feet
More about this property
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