School District: The School District Of Philadelphia
Address: 2607 GERMANTOWN AVE
Welcome to 2607 N Germantown Ave. This is a great investment opportunity for someone looking to open or expand a takeout restaurant on the busy and bustling Germantown Avenue! In addition to the building, the owner is also selling the license for In & Out Grill. This is a commercial & residential property. The first floor has a take-out restaurant, with established customers. The restaurant has been recently renovated with all state-of-the-art industrial kitchen equipment and appliances, a powder room and office. The basement spans the size of the building. The restaurant generates a minimum of $18,000 per month!! Nearby, there are many shops and public transportation.
The 1st floor rear has 2 apartments, and the 2nd floor has 1 huge apartment. All residential units require renovations and is ready for your design concepts and finishing touches. Comparable rentals in the area are renting similar for at least $900 - 1,200 per month. This building is a "cash cow". The numbers makes sense, the seller is motivated. Let's get this deal to the table.
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Courtesy of: Sherman Toppin Real Estate LLC Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 1st December, 2021 2:49 PM
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