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5300-2 Market Street

PHILADELPHIA, PA 19139
  • $325,000
  • STATUS: Active
  • ON SITE: 39 Days
  • ID#: PAPH2360274
UPDATED: 231 min ago
$325,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1925
County:

School Ratings & Info

Description

Here you have a tremendous opportunity to make something amazing! The font of the building has an established bar that has been in business for years and there is, of course, an opportunity to expand the bar business even more. Attached to the bar there is a great set up that could be easily turned into a major money maker. The kitchen is already in place with added space to add another bar set up or take out. In this specific area you could complete the construction of the table booths and by adding tables in the middle of the floor you are looking at a great sized restaurant that has a separate entrance from the front bar. The 1st floor has a maximum capacity of 285 people per the fire code. If that is not enough for you, there is even more opportunity with this building. The 2nd floor there is the perfect space to create a banquet hall/catering event area or a separate private speakeasy or fine dining establishment. The 2nd floor has a separate door for guests to come and go! Also, on the 2nd floor you have the capacity to entertain 224... This building can accommodate large or small gatherings " weddings, corporate events, parties, etc. This is a great location in a neighborhood flourishing with transportation and development! This 2-story, commercial, mixed-use corner property, located in West Philadelphia, is the perfect spot for you to develop your business. There is a liquor license that covers both floors and the liquor license cant leave the building. Also the seller is looking for a long term lease with the possibility to purchase the building once lease has been completed. You will be steps away from neighborhood restaurants, cafes, shops, and public transportation, as well as University City, Center City and the Philadelphia suburbs. Whether you are an investor looking to expand your portfolio or a small business owner searching for the perfect space to call your own, this 2-story property is sure to impress.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Matt Lenza Real Estate Team | Keller Williams. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-07-12T23:52:30.64.
www.lenzateam.com/homes/151271861
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5300-2 Market Street PHILADELPHIA, PA 19139

  • Price: $325,000
  • Status: Active
  • On Site: 39 Days
  • Updated: 231 min ago
  • ID#: PAPH2360274
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1925
Built
Neighborhood:
19139 (19139)
County:
Philadelphia
Area:
19139 (19139)
School District:
The School District Of Philadelphia
Property Description
Here you have a tremendous opportunity to make something amazing! The font of the building has an established bar that has been in business for years and there is, of course, an opportunity to expand the bar business even more. Attached to the bar there is a great set up that could be easily turned into a major money maker. The kitchen is already in place with added space to add another bar set up or take out. In this specific area you could complete the construction of the table booths and by adding tables in the middle of the floor you are looking at a great sized restaurant that has a separate entrance from the front bar. The 1st floor has a maximum capacity of 285 people per the fire code. If that is not enough for you, there is even more opportunity with this building. The 2nd floor there is the perfect space to create a banquet hall/catering event area or a separate private speakeasy or fine dining establishment. The 2nd floor has a separate door for guests to come and go! Also, on the 2nd floor you have the capacity to entertain 224... This building can accommodate large or small gatherings " weddings, corporate events, parties, etc. This is a great location in a neighborhood flourishing with transportation and development! This 2-story, commercial, mixed-use corner property, located in West Philadelphia, is the perfect spot for you to develop your business. There is a liquor license that covers both floors and the liquor license cant leave the building. Also the seller is looking for a long term lease with the possibility to purchase the building once lease has been completed. You will be steps away from neighborhood restaurants, cafes, shops, and public transportation, as well as University City, Center City and the Philadelphia suburbs. Whether you are an investor looking to expand your portfolio or a small business owner searching for the perfect space to call your own, this 2-story property is sure to impress.
Exterior Features

Construction Materials Masonry Garage YN No Parking Types None Road Responsibility State Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 5300.00 Cooling Ductless/Mini-Split Heating Other Heating YN Yes

Property Features

Acceptable Financing CashConventional Accessibility Features None Central Air YN No Cooling Fuel Electric Cross Street 53RD Current Use BarBeer/Wine/LiquorRestaurant Heating Fuel Electric Hot Water Electric Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Original MLSNumber 803108148254 Ownership Interest Leasehold Property Sub Type Services Sale Type Standard Sewer Public Sewer Tax Annual Amount 5194.00 Tax Lot 265 Vacation Rental YN No Water Source Public Zoning CMX2

Listing courtesy of EXP Realty, LLC: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Matt Lenza Real Estate Team | Keller Williams. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-07-12T23:52:30.64.
 
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