Famous 4th Street Delicatessen has one of the more accurately descriptive names you'll ever see in the restaurant business. It is indeed on 4th Street, specifically where 4th Street hits Bainbridge at the top of Fabric Row. It's very much a deli, serving gigantic meat sandwiches and baking all sorts of delicious items. And it's also quite famous, having been in business since 1923 and serving as the place to see and be seen by politicos on every Election Day.
And now it's for sale. The business was owned by the same family for its first 80 years until deli vet Russ Cowan purchased it back in 2005. Now Cowan is looking to sell the building and the business for a cool $5M.
According to the listing, the building is over 7,000 sqft in size. The restaurant has seating for 110 which includes the covered side porch. The basement has walk-in boxes and storage. The first floor has all of the restaurant seating, the bakery, and the service counter. Additional bakery and storage space can be found on the second floor, along with three bathrooms, and the third floor is about 2,000 sqft of raw empty space. Whoever purchases the restaurant would get all of the equipment along with the "famous" Famous name.
Have you every dreamed of entering into the deli business? Do you have a spare five million bucks lying around? Do you want to launch your political career from behind a deli counter? Make an offer!