UPDATED:
11/18/2024 02:36 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,242 sqft
Price per Sqft $186
Subdivision Feltonville
MLS Listing ID PAPH2313568
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $7,778
Tax Year 2024
Lot Size 4,478 Sqft
Acres 0.1
Lot Dimensions 82.00 x 55.00
Property Description
Uncover the extraordinary investment opportunity with this remarkable commercial real estate in Feltonville! Boasting an unbeatable location on an exceptionally high-traffic corner, this property comprises four parcels that house the highly profitable Jimmy's Sports Bar, the exquisite El Castillo Catering Hall and Lounge, and the versatile La Cocina Kitchen.
For over a decades, Jimmy's Sports Bar has been a beloved local favorite, attracting a loyal and steady crowd each night. Now, with the exciting addition of gambling, Jimmy's offers even more entertainment for its patrons. Meanwhile, El Castillo stands as a charming and stylish Latin lounge, complete with a coatroom and elevator, making it a frequent choice for weddings and various celebratory occasions.
What sets this property apart is not only the success of these two established businesses but also the potential for additional ventures. With the build-out and creation of new restaurant, it adds possibility of another lucrative venture, enhancing the property's income potential.
Included in the sale of both the business and real estate is a valuable liquor license, adding further appeal to this already enticing investment. The zoning classification of CMX1 opens up a multitude of possibilities, making it an ideal choice for entrepreneurs seeking a versatile and profitable space.
Looking beyond the existing businesses, the upstairs area presents an opportunity for conversion into apartments or can be rented out as is, providing additional revenue streams. With a history of over 10 years in successful operation and a loyal customer base, this rare combination of businesses and prime location transforms this property into an absolute gold mine.
Don't miss out on this exceptional chance to secure a lucrative investment in commercial real estate, offering not just established businesses but also the potential for growth and diversification. Act now and seize this unbelievable opportunity in the heart of Feltonville!
Location
State PA
County Philadelphia
Area 19120 (19120)
Zoning CMX1
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Inclusions All business equipment and fixtures.
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Septic
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 882061870
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Get More Information