$149.93 Per Sq Foot $8,589 est/mo Sourced by Back At You

7312-16 Castor Ave,Philadelphia, PA 19152

Philadelphia PA, 19152

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Description

Real Estate Only sale!!!!This prestigious establishment, located in the heart of the Castor Ave Business corridor within the Rhawnhurst subdivision of Northeast Philadelphia, offers a remarkable opportunity for prospective buyers. Boasting approximately 10,672 square feet of commercial space on the main level, this establishment provides a spacious and versatile area for a bar and restaurant business. The main level offers ample room for various business operations, allowing for creative layout and design possibilities. The expansive square footage ensures flexibility in catering to diverse customer needs, from dining areas to bar setups and entertainment spaces. In addition to the generous main level, the establishment includes professional spaces on the second floor. This additional area can be utilized for administrative purposes, private events, or other business-related functions. The multi-level setup enhances the overall functionality and appeal of the property. With a history of serving the Northeast Philadelphia communities for decades, this bar and restaurant establishment has become a staple in the local scene. Its availability for sale presents a unique opportunity for entrepreneurs looking for a great investment opportunity Prospective buyers can explore the potential for creating a vibrant and inclusive space that caters to the diverse tastes of the Northeast communities. The combination of commercial space on the main level and professional spaces on the second floor opens up possibilities for various business models and revenue streams. For those interested in acquiring a well-established Property in a prime location, this offering in the Castor Ave Business corridor is worth serious consideration. It provides the canvas for transforming this space into a thriving hub for social gatherings, culinary experiences, and community engagement. Please don't approach tenant or Staff at bar with questions pertaining to sale . Thank you PS. PROPERTY NEXT DOOR AT 7318 CASTOR AVE BEING AVAILABLE FOR SALE SEPERATLY OR AS PACKAGE

Details

MLS#PAPH2311772
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1950
Days On Site186
Listing Provided ByRE/MAX 2000 | Carlos Cesar
Buying Commision2% Of Gross

Features

SQ Feet10,672
ZoningCMX2
Acreage0.38

Market Activity 19152

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Listings Checked: 7 minutes ago
StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19152
Area19152
School DistrictPhiladelphia City
Listing VS Median (in 19152)
Price:
$1,600,000
low | high
Med:
$330,000
100% of Average
SqFt:
10,672
low | high
Med:
1,536
100% of Average
$ / SqFt:
$150
low | high
Med:
$215
6.69921875% of Average
On Site:
186
low | high
Med:
4.000000
100% of Average
Sourced by Back At You
Listing Updated: July 10, 2024 at 8:43:03 PM PDT