175-177 Markle Street

    PHILADELPHIA, PA 19127
    • $1,250,000
    • STATUS: Active
    • ON SITE: 16 days
    • ID#: PAPH890612
    Price Reduced
    UPDATED: 33 min ago
    $1,250,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    Built:
    1900
    County:

    School Ratings & Info

    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 $4,000 a month. Tenants currently renting apartments are vacating on May 31st. Market rental value for the 3-bedroom is $2,100 and the 4-bedroom is $2,500. Garage market rental value is $500. Real Estate (Two Parcels included in the sale), Liquor License, Business Concept, FF and E, Liquor and Beer Inventory are all 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.

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    ©2020 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 McClain-Williamson Realty, LLC.. 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: 2020-06-02T09:51:00.217.
    www.mcclainwilliamson.com/homes/105942169

    175-177 Markle Street PHILADELPHIA, PA 19127

    • Price: $1,250,000
    • Status: Active
    • Updated: 33 min ago
    • ID#: PAPH890612
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1900
    Built
    Neighborhood:
    Manayunk
    County:
    Philadelphia
    Area:
    19127 (19127)
    School District:
    The School District Of Philadelphia
    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 $4,000 a month. Tenants currently renting apartments are vacating on May 31st. Market rental value for the 3-bedroom is $2,100 and the 4-bedroom is $2,500. Garage market rental value is $500. Real Estate (Two Parcels included in the sale), Liquor License, Business Concept, FF and E, Liquor and Beer Inventory are all 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.
    Exterior Features

    Construction Materials StoneStucco Garage YN No Location Type Corner Lot/Unit Lot Features Rear Yard Parking Types Private GarageOn Street Property Condition Good Riparian Rights YN No Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 4208.00 Cooling Window Unit(S) Heating Hot Water Heating YN Yes

    Property Features

    Acceptable Financing CashConventional Accessibility Features None Assessment Year 2020 Association YN No Business Type Restaurant/BarApartment Building Central Air YN No Cross Street Terrace Current Use BarBeer/Wine/LiquorFood & BeverageMulti ResidentialRestaurant Heating Fuel Natural Gas Hot Water Natural Gas Incorporated City Name Philadelphia Navigable Water YN N New Construction YN No Original MLSNumber 304105525496 Ownership Interest Other Possession Negotiable Property Sub Type Mixed Use Purchase Optional YN Yes Sale Type Standard Sewer Public Sewer Tax Annual Amount 4201.00 Tax Assessment Amount 300100.00 Tax Lot 215 Vacation Rental YN No Water Source Public Zoning Cmx1

    Listing courtesy of Springer Realty Group.


    ©2020 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 McClain-Williamson Realty, LLC.. 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: 2020-06-02T09:51:00.217.
     
    McClain-Williamson Realty, LLC.
    47 Main St.
    East New Market MD, 21631