Sale Includes: Real Estate (combined 6000 sf per phila.gov), Operating Business with proven track record, Fully In Place Tenant, Equipment, Fixtures, High CAP Rate Lucrative Asset, Excellent Opportunity for ABSENTEE OWNER, OWNER USER, or INVESTOR Significant ROI, Low RE Tax ($5605 combined per Phila.gov). Properties specifically designed and reconstructed for efficient use by a food service provider. Check out possibility to expand building +-1000 sq ft for Additional Income Producing Kitchen and or Cold Storage Space. Sale includes two adjoining well maintained masonry buildings (with separate parcel numbers) Large remote controlled gated parking lot divides the buildings. INCLUDES In Place Qualified Tenant. Included are state of the art commercial kitchen modules, abundant dry and cold storage areas and Two Walk In Refrigerators, Stainless Steel Tables with Many Other Fixtures and 24 Hour Surveillance System, and more. Located in an Opportunity Zone 1 mile from I95 Bridge Street ramp.
(Due to local health laws and regulations most mobile food vendors are required to be engaged with a support facility aka commissary. A commissary is a convenient law compliant location where the food is prepared and in a setting easily accessible by local health inspectors. What this means to an owner is you have access to a very large captive customer base.
A commissary caters to the needs of food truck and food cart operators, caterers, bakers, packaged goods providers, meal prep, condiment manufacturers, ghost kitchens, institutional food prep providers to name a few). Easily operated by some one with or WITHOUT food experience. Check Opportunity Zone Maps for add'l programs.