$1,800,000

Property Description

Up for your consideration is an amazing opportunity to own a neighborhood landmark since 1979! "El Greco Pizza and Luncheonette" The currently operating business , 4 individually deeded buildings and all equipment owned are for sale as a package deal! Included in this package deal are 1500-1502 N. 2nd take out restaurant with 2 apartments on the 1st. floor and a large 3 bd. apartment on the 2nd. and 3rd. floor and 205-207 w. Jefferson, both 2bd. houses situated at the corner of 2nd and Jefferson st's. All properties are tenant occupied on a month to month basis and can be delivered vacant. This is a turn key opportunity to own your own take out restaurant business and collect rent or divide the parcels and sell separately or build on! Take a drive by and see new construction on just about every block! Owner is retiring! Please direct all inquiries to listing agent, do not ask owner or employees any questions if you decide to stop in. Qualified buyers with proof of funds are welcome to call listing agent for more info.

Property Facts & Features

Property Type

Multi Family

Status

Active

Listed

Jun 8, 2026

Price per Sq Ft

$Infinity/sqft

ZIP Code

19122

Parking

On Street

Heating

Forced Air

Cooling

Ductless/Mini Split

Construction

Masonry

Style

Straight Thru

Property Tax (2026)

$4,308/yr

Assessed Value

$307,800

Last Sold

$28,000 · Jul 31, 1981

Neighborhood

Lower North

County

Philadelphia

School District

The School District of Philadelphia

Features & Amenities

Location

Lat 39.97378 · Lng -75.13883