Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1920
Sq.Footage
N/A
Phenomenal opportunity to own a neighborhood landmark in one of Philly's best locations. Investors or owner operators alike will recognize the rare chance to take possession of a building that represents a generational asset. The ground floor bar restaurant was gut renovated from the basement up to the main floor about 16 years ago and is virtually turnkey. It offers a full kitchen, sit down and bar service, outdoor seating and small bandstand and is currently vacant. The buyer will be responsible for purchasing their own liquor license. Square footage of the restaurant space is 3074 sf (including the full basement). The four 1 bedroom apartments are rarely vacant so contribute a reliable and predictable income stream to the investment or the owner/operator of the bar restaurant. The current owner offers 2 free laundry rooms to the residential tenants so additional revenue is possible if a new owner chooses to install coin operated units. There is also substantial upside with the residential rents. With cosmetic improvements to the apartments the rents could go as high as $1900 a month. Make your appointment today. You will not be disappointed.
Features & Amenities
Interior
Area & Lot
-
Lot Size(acres)
0.05
-
Property Type
Commercial Sale
Exterior
-
Garage
No
-
Parking
On Street
Financial
-
Sales Price
$1,500,000
-
Tax Amount
15487.0
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA dues:
$
Total loan payment:
$
Total interest amount:
$
Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Larry R Levin , Realty Mark Associates-CC
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Be the First to Know About New Listings!
Let us tell you when new listings hit the market matching your search. By creating a FREE account you can:
-
Get New Listing Alerts by Email
We will notify you when new listings hit the market that match your search criteria. Be the first to know of new listings!
-
Save searches
Save your favorite searches with specific areas, property types, price ranges and features.
-
Save Your Favorite Listings
Save an unlimited number of listings on our site for easy access when you come back. You can also email all of your saved listings at one time.
