See Home Value
$3,139,861*
Commercial - Off Market

4624 RHAWN STREET

PHILADELPHIA, PA 19136
bedrooms
Studio
bathrooms
0 Bath
$2,565,000 - $3,135,000
Reference Base Price*
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Seize this incredible opportunity to purchase this family owned Deli owned and operated for 45 years from this location. This super high volume business has maintained a solid reputation that started in the neighborhood and now reaches far beyond. The current owners are now looking to retire and pass on this turnkey incredible business opportunity to the future owner in the hopes to see it carry on for another 40 years.  The business is Al's Corner Deli located and the corner of Rhawn and Torresdale in the densely populated Mayfair area.  This turnkey operation has been consistently growing each year, year after year even during the challenging times of a pandemic.  The business has an enormous 7 day a week breakfast and lunch take out business, a convenience store, large deli, fresh baked goods area,  self-serve coffee counter, lottery and a very solid off premise private catering business humming in the background.  Gross sales are 4,000,000+/year. The business has a very loyal customer following from within the areas business community and the numerous local residents as well as the many loyal customers who have moved away but still come back for their Homemade favorites.  This Sale includes Goodwill, All Equipment, Recipes, Inventory and Real Estate. The following real estate is being offered : 4624 Rhawn Street (main corner building with approximately 7800 sqft  with two (2) apartments, 2 bedroom each on the 2nd floor),  7924 Vandike Street (56 x 134 lot across the street for overflow parking), 7999 Torresdale Ave (small piece adjoining lot) and 4705 Decatur Street (3 bedroom twin home with a large adjoining lot used in combination for overflow parking).  Serious inquiries please contact the Listing Agent for more detailed information and please do not go into the store without an appointment as a courtesy to the Seller and their nearly 40+ employees.
Unit Size
-
Days on Market
-
Land Size
0.21 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$9,195
HOA Dues
-
Year Built
1940

Price History

Date / Event Date Event Price
Dec 29, 2021 No longer available -
No longer available
Aug 19, 2021 Relisted $2,850,000
Relisted
Aug 18, 2021 No longer available -
No longer available
Mar 26, 2021 Listed $2,850,000
Listed

Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210326
03/26/2021
Loft
-
-
$1,500,000
bedrooms
Loft
bathrooms
-
-
-
-
Michael Cole
RE/MAX Eastern-Feasterville

Building Info

4624 Rhawn Street 4624 Rhawn Street, Philadelphia, PA 19136
More about this Building
4624 Rhawn Street
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