Tuesday, October 15, 2024

Swift Food Equipment Puts Old City Philadelphia Location Up For Sale

A family-owned business plans to sell its longtime Old City home and move to a larger space.

Swift Food Equipment expects to put the five parcels at 148 N. 2nd St. and 152-158 N. 2nd St. on the market soon, according to Billy Creagh of National Realty Commercial, who will be marketing the properties for sale. Creagh said the Swift family has not yet decided on an asking price.

The Swifts plan to relocate the restaurant equipment supply company to a larger warehouse space with a showroom elsewhere in the city. They declined to disclose the new location.

Until a sale is finalized, Swift Food Equipment will continue its regular operations at its Old City location, which the company has called home for more than a century. The properties were purchased in the 1920s by the grandfather of current owners Frank and Robert Swift, according to Creagh.

The site has always been used for retail and has not housed any manufacturing operations, he added.

Swift Food Equipment's four lots spanning 152-158 N. 2nd St. offer a combined 6,516 square feet and 64 feet of frontage along North 2nd Street, Creagh said. Those parcels include one three-story building at 152 N. 2nd St., one single-story building at 156 N. 2nd St., and two surface lots at 154 and 158 N. 2nd St.

Full story: https://tinyurl.com/ebx678bz

www.omegare.com

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