Unique and rare offering of this iconic property and business that was established in 1957.

The business ( recently closed because of retirement) and building are being offered together! The building is 1536 +/- SF and is the perfect opportunity for any deli / grocery store looking for a unique opportunity with a steady income stream. The property is located near South Broad Street, Sports Stadiums and easy access to Contemporary Jersey. 1st floor and lower level is 1, 500 +/- SF which includes 750 +/- store and 750+/- lower level / storage space and a bathroom. This location also holds a large two-bedroom, one bath residentil unit on the 2nd floor.

Family member / Tenant is on a month-to-month basis. The landlord pays water and tenant pays electric and gas. The propertys corner location allows for tons of exposure to both walking and vehicular traffic with a load zone area that includes an advertising sign and outdoor menu cabinet. Located on the corner of Warnock and Shunk, the property is zoned CMX1. This property could be yours to live and work in or work and lease out the residential unit. Lou and Son have been a staple in the South Philadelphia community for nearly seven decades with a spectacular reputation of honesty, quality sandwiches and long-time repeat clientele!

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on 2555 S Warnock St
in Philadelphia, PA
Presented by Michael A. Becker at
KW Empower.


Property MLS #PAPH2340300 from BrightMLS

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+ Bedrooms

Bedrooms: 4

+ Heating and Cooling

Cooling Features: Central A/C
Heating Features: Hot Water
Heating: Yes

+ Land Info

Lot Size Acres: 0.0176309
Lot Size Square Feet: 768

+ Multi-Unit Info

Number of Units: 2
Number of 2 Bedroom Units: 2

+ School Information

School District: PHILADELPHIA CITY
+ Display Complete School Details

Fell D Newlin School is a public elementary and middle school located approximately 0.2 miles away.
Map directions

South Philadelphia High School is a public high school located approximately 0.5 miles away.
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City Kids Christian School is a private elementary school located approximately 0.3 miles away.
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+ Other Property Info

Annual Tax Amount: 3040.0
Source Listing Status: Active
County: PHILADELPHIA
Source Property Type: Multi-Family
Area: PHILADELPHIA
Source Neighborhood: PHILADELPHIA (SOUTH)
Postal Code Plus 4: 4428
Subdivision: PHILADELPHIA (SOUTH)
Township: PHILADELPHIA
Property Subtype: Duplex
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2023	$173,760 + $43,440 $217,200	$3,040
2022	$144,320 + $36,080 $180,400	$2,525
2021	$144,320 + $36,080 $180,400	$2,525
2020	$144,320 + $36,080 $180,400	$2,525
2019	$142,960 + $35,740 $178,700	$2,501
2018	$138,800 + $34,700 $173,500	$2,428
2017	$137,900 + $15,700 $153,600	$2,150
2016	$137,900 + $15,700 $153,600	$2,150
2015	$248,075 + $11,825 $259,900	$3,482
2014	$248,075 + $11,825 $259,900	$3,482
2013	$10,169 + $1,991 $12,160	$1,188
2012	$10,169 + $1,991 $12,160	$1,146
2011	$10,169 + $1,991 $12,160	$1,104
2010	$10,169 + $1,991 $12,160	$1,004
2009	$20,388 + $3,932 $24,320	$2,009
2009	$10,169 + $1,991 $12,160	$1,004

+ Reveal Property Sale History

Listed 2024-04-08
$375,000
BrightMLS

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Listing removed 2024-01-23
$0
BrightMLS

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Listed 2023-10-23
$439,000
BrightMLS

+ Building and Construction

Total Square Feet Living: 1536
Year Built: 1925
Construction Materials: Masonry
Property Age: 99
Structure Type: End of Row/Townhouse
Architectural Style: End of Row/Townhouse