2528 W Diamond Street, Philadelphia, PA 19121 | MLS PAPH2477620 | Listing Information | Innovate Real Estate
FOR SALE
$377,000

2528 W Diamond Street
Philadelphia, PA 19121

Retail
Commercial
1,600
Sq. Ft.
0.1
Acre Lot
Courtesy: KW Empower
Innovate Real Estate> Pennsylvania> Philadelphia> 19121
Corner 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 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 $3,100. 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 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 property's 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.
PAPH2477620
Commercial - Retail, 1 Story
1915
PHILADELPHIA
0.1 Acres
Public Water
1
Public Sewer
Loading...
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

Transit Score

Bike Score

Loading...
Courtesy: KW Empower
BrightMLS logo
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 6/16/2025 1:14 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
/commercial-for-sale/2528-W-Diamond-Street-Philadelphia-PA-19121-406231798