This is a rare opportunity to own a well-established business and commercial property in the heart of Port Richmond. This dinette restaurant has been in operation for over 40 years, serving a loyal customer base and earning strong online reviews. Located in a high-traffic area, this property offers excellent visibility… Read More and steady foot traffic, making it an ideal investment for business owners or entrepreneurs. The existing business generates great income in annual revenue and comes fully equipped for a seamless transition. Zoned C4-2 with air rights, the property offers the potential to expand up to five stories, allowing for future growth and development. Whether you continue the current operation, introduce a new concept, or utilize the space for an entirely different business, this location provides unmatched potential in a thriving commercial corridor. Situated in the historic Port Richmond district, this property is surrounded by local businesses, public transportation, and a strong community presence. With its established reputation and prime location, this is an excellent opportunity for restaurant owners, investors, or those looking to start a new venture. Read Less
Courtesy of Bhuiyan Properties LLC.
Listing Snapshot
Days Online
36
Last Updated
Property Type
Single Family
Square Ft.
1,500
Lot Size
0.05 Acres
Year Built
1931
MLS Number
2501649
30 Days Snapshot Of 10302
$620k
-1%
(avg) sold price
5
-54%
homes sold
204
+34%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1931, Building area total: 1,500, Leasable area: 1500, 1 building, 1 total story, Construction materials: "Masonry", "Brick"
Expenses
Operating expense: $92,000
Heating
"Hot Water", "Natural Gas"
Income
Gross income: $300,000, Net operating income: $208,000
Lot
0.05 acres, 1,980 square feet, Area: 1,980
Parking
"Street"
Property
Zoning: C4-2
Sewer
"City"
Taxes
Tax annual amount: $9,143
Utilities
Electric: "220 Volts"
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