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2654 S 12TH Street

PHILADELPHIA, PA 19148
  • $499,999
  • STATUS: Active Under Contract
  • ON SITE: 92 Days
  • ID#: PAPH2274894
Under Contract
UPDATED: 39 min ago
$499,999
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:

School Ratings & Info

Description

Welcome to a golden opportunity in the heart of South Philadelphia! This beloved community cornerstone is up for grabs and it's your chance to make it your own. Strategically located just 10 minutes from the city's bustling stadiums - Lincoln Financial Field, Wells Fargo Center, and Citizens Bank Park, this turn-key bar and restaurant is perfectly positioned to capture the energetic foot-traffic from the upcoming Philly sports season, concerts, and shows. This high-visibility corner location on the well-traveled Oregon Ave is easily accessible with local Septa Rts 45, G, 7, 68 right at your doorstep, just two blocks from the Septa Broad Street Line, and plenty of on-street parking. The well-maintained building boasts two floors of bar/restaurant space that have previously hosted catered dinners, anniversary celebrations, art shows, local bands, comedy shows, and local entertainers. This space is ripe with potential for the new owner to maximize revenue and bring their unique vision to life. The local community and food critics alike are eagerly anticipating the return of good food, good drinks, and good times to this popular foodie destination. The property comes equipped with a newer black granite bartop, two new 60" under-bar beverage coolers, a kitchen reach-in refrigerator, a 6-burner commercial range, a newly installed hood vent and ansul system, a newer furnace and hot water heater, and three new large Renewal by Anderson windows on the 2nd floor. Additional features include a PLCB-approved tap line cleaning device (BioQTech) that reduces beer waste and line cleaning costs, and an office space that can double as a small owner's studio apartment with a private bathroom, shower, and convenient roof access. and all furniture and fixtures in as-is condition. Don't miss out on this incredible opportunity to own a piece of South Philadelphia's vibrant community. The potential is limitless and the rewards are waiting. BUILDING and EQUIPMENT ( NO LIQUOR LICENSE INCLUDED IN PRICE) can be included price 649,999.

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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 Your Home Team | Long & Foster Real Estate. 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: 2023-12-07T14:55:48.357.
www.yourhometeamde.com/homes/143106212
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2654 S 12TH Street PHILADELPHIA, PA 19148

  • Price: $499,999
  • Status: Active Under Contract
  • On Site: 92 Days
  • Updated: 39 min ago
  • ID#: PAPH2274894
0
Beds
0
Baths
0
½ Baths
0.02
Acres
1930
Built
Neighborhood:
Philadelphia (South)
County:
Philadelphia
Area:
19148 (19148)
School District:
The School District Of Philadelphia
Property Description
Welcome to a golden opportunity in the heart of South Philadelphia! This beloved community cornerstone is up for grabs and it's your chance to make it your own. Strategically located just 10 minutes from the city's bustling stadiums - Lincoln Financial Field, Wells Fargo Center, and Citizens Bank Park, this turn-key bar and restaurant is perfectly positioned to capture the energetic foot-traffic from the upcoming Philly sports season, concerts, and shows. This high-visibility corner location on the well-traveled Oregon Ave is easily accessible with local Septa Rts 45, G, 7, 68 right at your doorstep, just two blocks from the Septa Broad Street Line, and plenty of on-street parking. The well-maintained building boasts two floors of bar/restaurant space that have previously hosted catered dinners, anniversary celebrations, art shows, local bands, comedy shows, and local entertainers. This space is ripe with potential for the new owner to maximize revenue and bring their unique vision to life. The local community and food critics alike are eagerly anticipating the return of good food, good drinks, and good times to this popular foodie destination. The property comes equipped with a newer black granite bartop, two new 60" under-bar beverage coolers, a kitchen reach-in refrigerator, a 6-burner commercial range, a newly installed hood vent and ansul system, a newer furnace and hot water heater, and three new large Renewal by Anderson windows on the 2nd floor. Additional features include a PLCB-approved tap line cleaning device (BioQTech) that reduces beer waste and line cleaning costs, and an office space that can double as a small owner's studio apartment with a private bathroom, shower, and convenient roof access. and all furniture and fixtures in as-is condition. Don't miss out on this incredible opportunity to own a piece of South Philadelphia's vibrant community. The potential is limitless and the rewards are waiting. BUILDING and EQUIPMENT ( NO LIQUOR LICENSE INCLUDED IN PRICE) can be included price 649,999.
Exterior Features

Construction Materials Brick Door Features Double Entry Garage YN No Lot Features CornerRoad Frontage Parking Types On Street Riparian Rights YN No Roof Flat View CityStreet Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 1772.00 Cooling Ceiling Fan(s) Exclusions liquor license Heating RadiatorBaseboard - Electric Heating YN Yes Net Square Feet 1772.00

Property Features

Acceptable Financing PrivateOther Accessibility Features None Assessment Year 2023 Business Type Restaurant/BarBanquet Facility/Lodge Central Air YN No Cooling Fuel Electric Electric 200+ Amp Service Foundation Details Stone Heating Fuel Natural Gas Hot Water Natural Gas Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Original MLSNumber 802591876572 Ownership Interest Fee Simple Possession Immediate Property Sub Type Services Sale Type Standard Sewer Public Sewer Tax Annual Amount 3919.00 Tax Assessment Amount 280000.00 Tax Lot 120 Vacation Rental YN No Water Source Public Year Built Effective 2016 Zoning CMX1

Listing courtesy of Keller Williams Main Line: .


©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 Your Home Team | Long & Foster Real Estate. 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: 2023-12-07T14:55:48.357.
 
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