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Full details for Other For Sale in Philadelphia, Pennsylvania

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Description

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 fully turnkey. It offers a full kitchen, sit down and bar service, outdoor seating and live music. The current owner of the restaurant is on a NNN lease and owns the liquor license. 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. Make your appointment today. You will not be disappointed. Back to listing