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Established Conventional Restaurant
New
For Sale
$3,200,000

39 E OREGON Avenue, Philadelphia, PA 19148

BusinessOpportunity - PHILADELPHIA, PA

Property SizeContact for details
Lot Size1.00 Acre
Days on Market6

Property Features for 39 E OREGON Avenue

General Information

Property type Other
Property subtype Retail
Parking 27
Parking features Driveway, Fenced, Offsite
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Lot size 1.00 Acre

Taxes and HOA fees

Tax Annual Amount 13639

Utilities

Heating system Other (Heating)
Cooling system Multi Units

Building Details

Year built 1992
Building materials Masonry
Listing Agency: RE/MAX Select Group · RE/MAX International
Listed By: Arthur Kousombos · License #RS177352L
Added: Aug 6 Last Checked: Aug 11 at 8:06PM
MLS# PAPH2656928

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 established conventional restaurant includes the operating business, trade fixtures, equipment, existing goodwill, and a long-term staff. The sale covers 39 E. Oregon Ave. and the adjoining parcel at 29 E. Oregon Ave. The masonry property was built in 1992 and provides indoor seating for 30+ patrons, along with on-site parking for 25+ vehicles.

The property is positioned along a South Philadelphia commercial corridor near the Sports Complex, with over 100 feet of frontage and a 125-foot depth. CMX-2 zoning supports neighborhood-serving retail and commercial activity, as well as upper-story residential uses. Parking includes a fenced driveway and an adjacent lot leased from PennDOT. The offering combines an operating food-service business with two connected parcels and existing commercial improvements.

Key Highlights

  • Operating food‑service business includes equipment, trade fixtures, goodwill, and existing staff
  • Sale includes 39 E. Oregon Ave. and adjacent parcel at 29 E. Oregon Ave.
  • CMX‑2 zoning permits neighborhood‑serving retail, commercial, and upper‑story residential uses

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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 - Masonry restaurant property with included business assets, indoor dining, parking, and CMX-2 mixed-use zoning.
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: Operating food‑service business includes equipment, trade fixtures, goodwill, and existing staff; Sale includes 39 E. Oregon Ave. and adjacent parcel at 29 E. Oregon Ave.; CMX‑2 zoning permits neighborhood‑serving retail, commercial, and upper‑story residential uses
More about this property
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