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Key Details
Sold Price $689,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,138 sqft
Price per Sqft $322
Subdivision Manayunk
MLS Listing ID PAPH889694
Sold Date 12/06/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $4,201
Tax Year 2021
Lot Size 1,239 Sqft
Acres 0.03
Lot Dimensions 15.88 x 78.00
Property Description
Turn-Key Tavern and Restaurant business in a 4-unit two Buildings consisting of 1st Floor Tavern and Restaurant and Two 2nd Floor Apartments (offering 3 Bedrooms in one unit and 4 Bedrooms in the other unit) including a 1-Car Detached Garage and Rear Yard, all located in an increasingly popular area of Manayunk. Tavern and Restaurant currently leased for $3,500 a month. 3BR currently rented for $1,250 per mo and 4BR currently rented for $1,400 per mo. Garage market rental value is $500. Real Estate (Two Parcels included in the sale), Business Concept, FF and E included in the sale. The corner location gives it outstanding visibility and high traffic ensures its marketability. Excellent opportunity to acquire this turnkey, well established business and enjoy instant cash flow and a quick return on investment. LIQUOR LICENSE SOLD SEPARATELY
Location
State PA
County Philadelphia
Area 19127 (19127)
Zoning CMX1
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Window Unit(s)
Heat Source Natural Gas
Exterior
Garage Spaces 1.0
Water Access N
Accessibility None
Total Parking Spaces 1
Garage N
Building
Lot Description Corner, Rear Yard
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 211039400, 871401075
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 Nicholas Mele • Realty One Group Exclusive