Philadelphia, PA 19148,2654 S 12TH ST
Philadelphia, PA 19148,2654 S 12TH ST
Philadelphia, PA 19148,2654 S 12TH ST
Philadelphia, PA 19148,2654 S 12TH ST
Philadelphia, PA 19148,2654 S 12TH ST
Philadelphia, PA 19148,2654 S 12TH ST
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$645,000

$649,999

0.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

1,740 SqFt


SOLD DATE : 02/29/2024

Key Details

Sold Price $645,000

Property Type Commercial

Sub Type Sports and Entertainment

Listing Status Sold

Purchase Type For Sale

Square Footage 1,740 sqft

Price per Sqft $370

Subdivision Philadelphia (South)

MLS Listing ID PAPH2289558

Sold Date 02/29/24

Originating Board BRIGHT

Year Built 1930

Annual Tax Amount $3,919

Tax Year 2023

Lot Size 908 Sqft

Acres 0.02

Lot Dimensions 16.00 x 58.00

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. The sale includes the Pennsylvania R-Liquor License 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.

The building (without liquor license) can be purchased for 499,999.

Location

State PA

County Philadelphia

Area 19148 (19148)

Zoning CMX1

Interior

Hot Water Natural Gas

Heating Radiator, Baseboard - Electric

Cooling Ceiling Fan(s)

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

View City, Street

Roof Type Flat

Accessibility None

Garage N

Building

Lot Description Corner, Road Frontage

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 882060760

Ownership Other

SqFt Source Assessor

Acceptable Financing Private, Other

Listing Terms Private, Other

Financing Private,Other

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Kelly A Evanosich • Keller Williams Main Line
Bought with Roman A Sosalski • Keller Williams Philadelphia
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+1(610) 420-7506

mk@movewithpridephl.com

1619 Walnut St 4th FL, Philadelphia, PA, 19103, United States

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