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947 Federal Street

PHILADELPHIA, PA 19147
  • $539,000
  • STATUS: Active Under Contract
  • ON SITE: 87 Days
  • ID#: PAPH2208584
Under Contract
UPDATED: 31 min ago
$539,000
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1915
County:

School Information

High School:

Description

Looking for an exciting investment opportunity in the heart of one of Philadelphia's most vibrant neighborhoods? Look no further than 947 Federal St!Located in the highly desirable Bella Vista neighborhood, this commercial property is presently home to the long-standing and successful Bitar's restaurant (business not for sale). With a prime location facing Capitolo Park and just one block from 9th St market, Pat's & Geno's Steaks, Insomnia Cookies, and Slice Pizza, this property offers a fantastic opportunity for restaurant and residential development above.Featuring ample space for a restaurant, with potential for outdoor seating and prime exposure to foot traffic, the property also offers the possibility for residential development on the upper floors. With the high demand for both residential and commercial properties in the area, this is an ideal investment for those looking to tap into the thriving Bella Vista market.Don't miss your chance to own a piece of one of Philadelphia's hottest neighborhoods +GG schedule your showing at 947 Federal St today!

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©2023 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: 2023-05-28T14:50:57.84.
www.lenzateam.com/homes/137351763
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947 Federal Street PHILADELPHIA, PA 19147

  • Price: $539,000
  • Status: Active Under Contract
  • On Site: 87 Days
  • Updated: 31 min ago
  • ID#: PAPH2208584
0
Beds
0
Baths
0
½ Baths
0.02
Acres
1915
Built
Neighborhood:
Bella Vista
County:
Philadelphia
Area:
19147 (19147)
High School:
Horace Furness
School District:
The School District Of Philadelphia
Property Description
Looking for an exciting investment opportunity in the heart of one of Philadelphia's most vibrant neighborhoods? Look no further than 947 Federal St!Located in the highly desirable Bella Vista neighborhood, this commercial property is presently home to the long-standing and successful Bitar's restaurant (business not for sale). With a prime location facing Capitolo Park and just one block from 9th St market, Pat's & Geno's Steaks, Insomnia Cookies, and Slice Pizza, this property offers a fantastic opportunity for restaurant and residential development above.Featuring ample space for a restaurant, with potential for outdoor seating and prime exposure to foot traffic, the property also offers the possibility for residential development on the upper floors. With the high demand for both residential and commercial properties in the area, this is an ideal investment for those looking to tap into the thriving Bella Vista market.Don't miss your chance to own a piece of one of Philadelphia's hottest neighborhoods +GG schedule your showing at 947 Federal St today!
Exterior Features

Construction Materials Masonry Garage YN No Location Type Corner Lot/Unit Parking Types On Street Property Condition GoodVery Good Riparian Rights YN No View Park/GreenbeltStreet Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 963.00 Cooling Multi Units Exclusions Restaurant Equipment is Not For Sale Heating Forced Air Heating YN Yes Net Square Feet 1926.00

Property Features

Acceptable Financing CashConventionalNegotiable Accessibility Features Ramp - Main Level Assessment Year 2023 Business Type Restaurant/BarSupermarket/Grocery Store Central Air YN No Cooling Fuel Electric Cross Street Federal Heating Fuel Natural Gas Hot Water Natural Gas Lease Considered YN No Municipality Philadelphia Navigable Water YN N New Construction YN No Original MLSNumber 802182962908 Ownership Interest Fee Simple Possession 61-90 Days CdNegotiableSettlement Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 4613.00 Tax Assessment Amount 329600.00 Tax Lot 37 Utilities Electric AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Vacation Rental YN No Water Source Public Zoning Rsa5 Zoning Description Restaurant Usage is A Legal Use Registered With The City Of Philadelphia.

Listing courtesy of Bella Vista Real Estate: .


©2023 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: 2023-05-28T14:50:57.84.
 
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