USAPAPhiladelphiaNone Available309 S 48Th St

$750,000

For Sale

14 days ago

309 S 48Th St, Philadelphia, PA

Name: 309 S 48Th St, For Sale in Philadelphia - eXp Realty
Brand: Better Homes Realty Group
SKU: PAPH2658274
Price: 750000 USD

House

MLS® PAPH2658274

0 Bed

0 Bath

Key Facts
Description
Map

Key Facts

Type Retail

Levels Business Opportunity

Size -

Garage

Taxes $29,512

Days Active 15

Lot Size 0.74 Acres

Approx. Age 1940

MLS® Number PAPH2658274

Property Address: 309 S 48th St, PHILADELPHIA, PA, 19143-1700

Average square foot calculated using Size range provided by listing agent.

Description

BUSINESS ONLY SALE – ESTABLISHED LAUNDROMAT NEAR UNIVERSITY CITY / UPENN Rare opportunity to acquire an established, large-scale laundromat business in a highly desirable West Philadelphia location near the University of Pennsylvania and University City. Business and assets only – real estate is NOT included in the sale. The buyer will assume/take over the existing lease, subject to landlord approval and lease terms. The approximately 6, 000 SF laundromat offers an impressive operation with 100+ commercial washers and dryers, providing substantial capacity to serve the surrounding residential community, students, faculty, staff and neighborhood customers. The property also offers the benefit of large customer parking lots, an important amenity for a laundromat business and a significant convenience for customers handling larger loads. The sale includes the business equipment, laundry equipment, fixtures and goodwill, providing an incoming owner with the opportunity to step into an established operation rather than start from scratch. The business has demonstrated strong cash flow, and the current owner is offering the business for sale due to retirement. Situated in the University City/West Philadelphia area, the location benefits from a dense surrounding population and proximity to major educational institutions, residential neighborhoods and public transportation. University City is home to major institutions including the University of Pennsylvania and Drexel University, creating a substantial customer base in the surrounding area. This is an excellent opportunity for an experienced laundromat operator, investor or entrepreneur seeking an established, cash-flowing business with significant existing equipment, a large footprint, abundant parking and an established customer base. BUSINESS SALE ONLY – REAL ESTATE NOT INCLUDED. Buyer to assume/take over lease. Sale is subject to landlord approval and applicable lease terms. Financial information, equipment list and additional business details available to qualified buyers upon execution of a confidentiality agreement and/or proof of funds, as appropriate.

MLS® NumberPAPH2658274

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1940

Basement

DrivewayNone

Garage Spaces

Heat90% Forced Air, Central

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Aug 11, 2026List Date

$750,000List Price

Commute

Commute

Starting Address

Destination Address

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