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Equipped South Philadelphia Restaurant
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 Market8

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 Changed: Aug 12 Last Checked: Aug 13 at 8:06AM
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 South Philadelphia restaurant sale combines an operating food-service business with the real estate at 39 E. Oregon Ave. and the adjoining parcel at 29 E. Oregon Ave. The offering includes trade fixtures, equipment, business assets, and existing goodwill. The masonry building was constructed in 1992 and provides indoor seating for 30+ patrons, along with on-site parking for 25+ vehicles.

The property carries a CMX-2 designation, supporting neighborhood commercial mixed-use applications that include retail, commercial, and upper-story residential uses. The combined parcels provide over 100 feet of frontage and extend 125 feet in depth. Parking features include a driveway, fencing, and offsite parking. The sale presents an established restaurant operation with additional real estate for future commercial or mixed-use planning, subject to applicable approvals.

Key Highlights

  • Established food‑service business operating for more than 30 years
  • Sale includes 39 E. Oregon Ave. and adjacent parcel at 29 E. Oregon Ave.
  • CMX‑2 zoning permits neighborhood commercial mixed‑use applications

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 - Established food-service operation with included equipment, business assets, 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: Established food‑service business operating for more than 30 years; Sale includes 39 E. Oregon Ave. and adjacent parcel at 29 E. Oregon Ave.; CMX‑2 zoning permits neighborhood commercial mixed‑use applications
More about this property
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