Twitter
Facebook
Email
|
West Philadelphia Opportunity Zone 35' X 83'large bar in business for over 20 years in a CMX-2 zone, with a bar-restaurant license including take out service. This area of Philly has seen new growth with construction going up in every direction and a variety of new businesses. Two floors plus complete basement, with occupancy allowances of 285 patrons on the first floor and 224 on the second floor. That is a total of 509 people. One of the largest capacities in this area. The building has two floors with a full basement on a corner, one block from the 52nd street El entrance. The second floor has multiple entries to the street level. Past use was a lounge/ bar on the second floor and current use is a local pub with restaurant on the first floor. Modern kitchen with huge exhaust system and all electric cooking appliances. POTENTIAL: 1) expand the first-floor pub to include higher end restaurant. 2) Use the second floor as a unique lounge. 3) Add height to the building for five stories and use it for residential unit income. 4) Catering hall for weddings, banquets and meetings. 5) Owner willing to sell off the property without the liquor license. 6) Tear down and new build, using CMX-2 to build on the entire footprint. Keep in mind the proximity of an entry to the El means connections to the world! Center city, suburbs, 30th street station connecting you to the Boston-Washington corridor. Only ONE BLOCK away! Buyers need to do their own due diligence for any future development plans and the statements here are suggestions only without verification of the potential uses.
| DAYS ON MARKET | 30 | LAST UPDATED | 10/24/2024 |
|---|---|---|---|
| TRACT | WEST PHILADELPHIA | YEAR BUILT | 1925 |
| COMMUNITY | 19139 (19139) | COUNTY | PHILADELPHIA |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| APPLIANCES | Electric Water Heater |
|---|---|
| AREA | 19139 (19139) |
| CONSTRUCTION | Frame |
| HEAT | Electric |
| LOT | 3049 sq ft |
| LOT DIMENSIONS | 35.00 x 83.00 |
| SEWER | Public Sewer |
| SUBDIVISION | WEST PHILADELPHIA |
| TAXES | 5194 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Todd
Stonesifer to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by KW Empower
All information provided is deemed reliable but is not guaranteed and should
be independently verified. No reproduction, distribution, or transmission of the
information at this site is permitted without the written permission from the MLS
Participant.
IDX information is provided exclusively for consumer’s personal,non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2024.