2528 W Diamond Street

Description

Corner Quick Service Restaurant Opportunity for Sale: Recall the many iconic pork, steak, hoagie, and BBQ quick-service sandwich shops throughout South Philly? Well, here is your opportunity to take a 30-year beloved corner BBQ restaurant to the next level to become the #1 BBQ destination in the market area for a great bite. Build and fine-tune your custom business - smoke, grill, fry, or roast - in an improving area in North Philly on the west side of the Diamond Street corridor. There is nothing else like it around. ||You can purchase this 3-lot package with a 100' front and a 4,251 SF total footprint through an SBA-7A loan, putting down 10% on a 25-year mortgage and a monthly payment of less than $3,128. That's much better than renting. Although this property operates as a turnkey restaurant, additional funds are built into the SBA-backed lender's package for improvements that enable the new owner to make personal changes strategic to their business model. The additional project funds enable the new owner to design and configure the service and production areas to reflect their custom improvements. For example, we recommend creating an ordering window that faces Diamond Street. ||This corner quick service restaurant sale offers a rare opportunity to own a CMX1-zoned 2,084 SF primary corner parcel with 1,550 SF building space anchoring a proven 30-year BBQ business. Located on a prominent triangular corner lot at 25th Street and the bustling Diamond Street corridor, this parcel includes a working commercial kitchen, equipped with a gas griddle, deep fryer, and stove-ovens with a hood and fire suppression system, refrigerators, commercial equipment, and storage. ||The adjoining 32' double-wide lot is 2,167 SF, zoned RSA-5, it can serve, with a variance, as a casual outdoor dining area for customer use or restaurant expansion. ||Registered and compliant, this humble business has operated smoothly with a clean record from the Department of Licenses and Inspections (L&I), free from building or licensing violations. This operational integrity ensures a hassle-free transition for new ownership and reflects the propertys strong foundation and established reputation.Tap into the steady through traffic flow across the Diamond Street corridor. This location benefits from the dynamic growth and revitalization in the nearby Brewerytown and Strawberry Mansion neighborhoods. These areas are emerging as vibrant communities, bringing new opportunities and an influx of interest from investors, businesses, and residents alike. ||Create your core menu concept to drive repeat business, then let your business savvy kick in to grow a celebrated legacy business. ||Alternatively, this corner three-lot package can also serve as a location for redevelopment.Whatever your interest, consider this opportunity, and call today to clarify any details or to schedule an appointment.