5,600 SqFt
5,600 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $169
Subdivision Rhawnhurst
MLS Listing ID PAPH2462354
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $7,640
Tax Year 2024
Lot Size 7,867 Sqft
Acres 0.18
Lot Dimensions 25.00 x 214.00
Property Sub-Type Retail
Property Description
This prestigious establishment, located in the heart of the Castor Ave Business corridor within the Rhawnhurst subdivision of Northeast Philadelphia, offers a remarkable opportunity for prospective buyers. Boasting approximately 5,600 square feet of commercial space , this establishment provides a spacious and versatile area for a bar and restaurant business.
The main level offers ample room for various business operations, allowing for creative layout and design possibilities. The expansive square footage ensures flexibility in catering to diverse customer needs, from dining areas to bar setups and entertainment spaces.
In addition to the generous main level, the establishment includes professional spaces on the second floor. This additional area can be utilized for administrative purposes, private events, or other business-related functions. The multi-level setup enhances the overall functionality and appeal of the property.
With a history of serving the Northeast Philadelphia communities for decades, this bar and restaurant establishment has become a staple in the local scene. Its availability for sale presents a unique opportunity for entrepreneurs looking for a great investment opportunity
Prospective buyers can explore the potential for creating a vibrant and inclusive space that caters to the diverse tastes of the Northeast communities. The combination of commercial space on the main level and professional spaces on the second floor opens up possibilities for various business models and revenue streams.
For those interested in acquiring a well-established Property in a prime location, this offering in the Castor Ave Business corridor is worth serious consideration. It provides the canvas for transforming this space into a thriving hub for social gatherings, culinary experiences, and community engagement.
Second level is as big as main level and occupied by another tenant / institution .
Please don't approach tenant or Staff at bar with questions pertaining to sale .
Thank you
PS. PROPERTY NEXT DOOR AT 7312-16 CASTOR AVE BEING AVAILABLE FOR SALE SEPERATLY OR AS A PACKAGE
Location
State PA
County Philadelphia
Area 19152 (19152)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 10.0
Water Access N
Accessibility Elevator
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 882926300
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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12320 Academy Rd, Philadelphia, Pennsylvania, 19154, USA