. . .
Price Reduction
Address
175-177 Markle Street Philadelphia, PA
Price
$ 849,900
Property Attributes
  • MLS#PAPH889694
  • TypeCommercial
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19127
  • NeighborhoodMANAYUNK
  • Zip19127
  • StyleRestaurant/Bar,Apartment Building
  • Year Built1900
  • Taxes4201
  • Price$ 849,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1,307 SqFt
Listing Provided Courtesy Of:
Springer Realty Group
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. 3BR currently rented for $1,250 per mo and 4BR currently rented for $1,400 per mo. Garage market rental value is $500. Real Estate (Two Parcels included in the sale), Liquor License, Business Concept, FF and E 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.

Price History
5/16/2020 Listed $1,300,000
5/29/2020 4% - $1,250,000
7/22/2020 4% - $1,200,000
8/8/2020 9% - $1,100,000
8/28/2020 10% - $1,000,000
9/21/2020 5% - $950,000
10/20/2020 6% - $899,000
11/4/2020 6% - $849,900

General Features

Acceptable Financing Cash, Conventional
Accessibility None
Business Type Restaurant/Bar, Apartment Building
Construction Materials Stone, Stucco
Cool Fuel None
Cooling Window Unit(s)
County PHILADELPHIA
Heating Hot Water
Location Type Corner Lot/Unit
MLS Area 19127 (19127)
New Construction No
Ownership Fee Simple
Possession Negotiable
Price Per Sq Ft 397.52
Property SubType Mixed Use
Property Type Commercial Sale
Property Use Investment
PropertyCondition Good
Real Estate Owned Y/N No
Sewer Public Sewer
Subdivision Name MANAYUNK
Tax Year 2020
Total Units 3
Vacation Rental Y/N No
Water Access Y/N No
Zoning CMX1

Interior Features

Central Air Y/N No
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas

Exterior Features

Building Area Total 2138.00
Car Parking Spaces 1
Lot Dimensions 15.88 x 78.00
Lot Features Corner, Rear Yard
Lot Size Acres 0.03
Lot Size Source Assessor
Lot Size Square Feet 1239.00
Navigable Water Y/N No
Total Parking Spaces 1
Type of Parking Private Garage, On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 19127

Price
AVG $630K
$850K
Taxes
AVG $4,177
$4,201
Visits
AVG 37
83
Year Built
AVG 1916
1900
Walkscore
AVG 82
86
Data Provided by Walkscore ® not using MLS data

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