6000 Vine St, Unit 12 Philadelphia, PA 19139-1130
- Retail space
- 2,880 SF
- 0.19 lot acres
May 04, 2022
Current Use by Public Records
- Happy Day Food Market / Grocery Store
- Vine Market / Grocery Store
- Lee's Vine Food / Breakfast Restaurant
- Lim Young / Restaurant
Property Details for 6000 Vine St
- Year built
- 1925
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.19 lot acres
- Property size
- 2,880 SF
- Zone code
- CMX2
- Property type
- Retail space
- APN
- 88-2-9362-30
- APU
- 882936230
Description
This established Philadelphia restaurant, located at 6000 Vine St, 19139, is a profitable breakfast and lunch business for sale. The 1,500 square foot space boasts a contemporary business model, successfully blending in-person dining with a robust online ordering system. While primarily a takeout operation, ample seating is available for dine-in customers. A significant advantage is the convenient location and the inclusion of 5 off-street parking spaces, a rare find in this area. The business has demonstrated consistent year-over-year growth, presenting excellent potential for further expansion. The current lease, with a remaining term of 2.8 years, includes a favorable 5-year option, providing significant security for the buyer. The asking price is $300,000. Annual rent escalations of 3% commence September 1, 2025. The lease commenced September 1, 2022, and expires August 31, 2027. This is a single-tenant occupancy property, ideal for an owner-user seeking a turnkey operation in a prime Philadelphia location. The business is currently operating at 100% occupancy.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.24
- Latitude
- 39.9664
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA