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7312-16 Castor Avenue

PHILADELPHIA, PA 19152
  • $1,600,000
  • STATUS: Active
  • ON SITE: 47 Days
  • ID#: PAPH2311772
UPDATED: 104 min ago
$1,600,000
  • 0
    BEDS
  • 0.38
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Ratings & Info

School District:

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 opportunityProspective 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 youPS. PROPERTY NEXT DOOR AT 7318 CASTOR AVE BEING AVAILABLE FOR SALE SEPERATLY OR AS PACKAGE

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©2024 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 New Home Team of Maryland | RE/MAX Distinctive. 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: 2024-02-26T23:52:57.307.
www.newhometeammd.com/homes/146548352
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7312-16 Castor Avenue PHILADELPHIA, PA 19152

  • Price: $1,600,000
  • Status: Active
  • On Site: 47 Days
  • Updated: 104 min ago
  • ID#: PAPH2311772
0
Beds
0
Baths
0
½ Baths
0.38
Acres
1950
Built
Neighborhood:
19152 (19152)
County:
Philadelphia
Area:
19152 (19152)
School District:
Philadelphia City
Property 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 opportunityProspective 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 youPS. PROPERTY NEXT DOOR AT 7318 CASTOR AVE BEING AVAILABLE FOR SALE SEPERATLY OR AS PACKAGE
Exterior Features

Construction Materials Masonry Garage YN No Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 10672.00 Cooling Central A/C Exclusions All tenant's business fixtures Heating 90% Forced Air Heating YN Yes Net Square Feet 10672.00

Property Features

Acceptable Financing Conventional Accessibility Features Elevator Assessment Year 2023 Business Type Restaurant/Bar Central Air YN Yes Cooling Fuel Other Elevator Use Fee 0.00 Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 802809366540 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 16542.00 Tax Assessment Amount 1181800.00 Tax Lot 101 Vacation Rental YN No Water Source Public Zoning CMX2

Listing courtesy of RE/MAX 2000: .


©2024 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 New Home Team of Maryland | RE/MAX Distinctive. 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: 2024-02-26T23:52:57.307.
 
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