$1,160,000
$1,299,000
10.7%For more information regarding the value of a property, please contact us for a free consultation.
4,632 SqFt
SOLD DATE : 08/31/2023
Key Details
Sold Price $1,160,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 4,632 sqft
Price per Sqft $250
Subdivision Fishtown
MLS Listing ID PAPH2158182
Sold Date 08/31/23
Originating Board BRIGHT
Year Built 1875
Annual Tax Amount $6,189
Tax Year 2023
Lot Size 1,800 Sqft
Acres 0.04
Lot Dimensions 30.00 x 60.00
Property Description
AMAZING INVESTMENT OPPORTUNITY WITH LIQUOR LICENSE!!
Mixed-use building with liquor license in PRIME Fishtown location! This building has 3 apartments atop an 1,800 square foot bar just itching for a makeover for this eager, growing neighborhood to patron. As the commercial space sits today, it IS a fully operable bar ready to be open tomorrow! The residential density is booming in this part of Fishtown as more and more multi-family properties are being built. With the proximity to Frankford Ave – just a block and half – it’s the perfect location for a revitalized commercial concept. The commercial space has central heating and cool, an existing center bar with the capacity for a brand new 16-tap system, and pool tables with a liquor license.
Upstairs is a 1 bed/1 bath apartment with two completely renovated 2 bed/1 bath apartments all fully occupied paying market rent.
Please reach out for property management details like rent rolls and expenses.
Location
State PA
County Philadelphia
Area 19125 (19125)
Zoning CMX1
Interior
Hot Water Natural Gas
Heating Forced Air, Hot Water & Baseboard - Electric
Cooling Central A/C, Window Unit(s)
Heat Source Natural Gas, Electric
Exterior
Utilities Available Natural Gas Available, Electric Available, Cable TV
Waterfront N
Water Access N
Roof Type Rubber
Accessibility 36\"+ wide Halls
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Hackett School
Middle Schools Penn Treaty
High Schools Kensington
School District The School District Of Philadelphia
Others
Tax ID 871541460
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Jacob K. Cooper • MSC Retail, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "