Philadelphia, PA 19121 2528 W Diamond Street

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Presented By: KW Empower
  • MLS# PAPH2477620
  • 06/09/2025
  • Request Tour
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  • SQFT • 4,251

Home Details

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 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.
Presented By: KW Empower

Interior Features for 2528 W Diamond Street

Bathrooms

Total Restrooms2

Other Interior Features

Central Air Y/NNo
FlooringConcrete
Heating FuelElectric
Heating Y/NYes
Hot WaterNatural Gas
Total Stories1

General for 2528 W Diamond Street

Acceptable FinancingCash, Conventional
AccessibilityNo Stairs, Level Entry - Main
Association Recreation FeeN
Business TypeRestaurant/Bar, Other
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingNone
CountyPHILADELPHIA
DirectionsCorner of 25th and West Diamond at Glenwood
DisclosuresProp Disclosure
Electric200+ Amp Service
ExclusionsTwo Refrigerators, Two Beverage Vending Machines
HeatingBaseboard - Electric, Radiant
Historic Y/NNo
Lease Considered Y/NNo
Location TypeUrban
Lot Size Square Feet4251.00
Lot Size UnitsSquare Feet
MLS Area19121 (19121)
ModificationTimestamp2025-06-12T11:36:53
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total4
OwnershipFee Simple
PossessionImmediate
Possible UseRestaurant
Price Per Sq Ft Total AG235.62
Property ConditionAverage
Property SubtypeRetail
Property TypeCommercial Sale
Property UseOwner User
RoofRubber
Security FeaturesMonitored
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameBREWERYTOWN
Tax Annual Amount4262.0
Tax Assessed Value304500.0
Tax Lot206, 211, 110
Tax Year2025
UtilitiesElectric Available, Sewer Available
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1915
Year Built SourceAssessor
ZoningCMX1, RSA-5

Exterior for 2528 W Diamond Street

Building Area Total1600.00
Car Parking Spaces3
Fencing Y/NY
InclusionsAll commercial fixtures, except several excluded items.
Land Use CodeAA0
Lot Dimensions100x71
Lot FeaturesCorner, Irregular
Lot Size Acres0.10
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
Road Frontage Length100
Road Surface TypeBlack Top
Total Loading Docks0
Total Parking Spaces3
Type of ParkingOther
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $377,000
MLS#PAPH2477620
List Date 06/09/2025
Property Type Commercial
Phone 703.929.4729
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