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$1,115,000

Est. payment - /mo

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1,307 Sqft Lot

Active

683 N 52ND ST Philadelphia, PA 19131

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Joseph Resciniti

info@locaterealty.com +1(732) 547-1572

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Mill Creek

MLS Listing ID PAPH2549264

Year Built 1925

Annual Tax Amount $1,829

Tax Year 2025

Lot Size 1,307 Sqft

Acres 0.03

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

A Type R Liquor License is included in the sale of this amazing investment opportunity! Located in a high traffic and visible location on the corner of Girard and 52nd St with a trolley and bus stop directly in front. This fully functioning and highly profitable restaurant and bar/take-out business includes everything you need to take over and get started making money immediately. A huge walk-in refrigerator to house all of your beverages and food items is located next to the kitchen area which features a grill, cook top, additional refrigerator, ventilation and fire suppression system. A fully functional and comprehensive security system is installed on the premises for employee peace of mind. There is a state-owned lottery system and machines to increase foot traffic and for additional income deposited directly into your account of choice. The full unfinished basement runs the length of the property and has been reinforced significantly to handle the load of the installed trade fixtures, inventory and equipment. There is a large employee breakroom/office in the back and rear and street basement access to conveniently accommodate deliveries of inventory. The owner has taken great care and brought this property to full earning capacity so it is ready to be passed off to a new lucky owner. On the second floor you will find a spacious 3 bedroom apartment that has been fully updated with a new kitchen, bath, flooring, paint and more. The apartment is currently on a month to month lease for $2500/month. This is an incredible opportunity for the right buyer who is ready to manage a very profitable turn-key business. All the equipment needed to get started will be included but the food and beverage inventory is to be purchased separately at the time of settlement. Serious inquiries only please.

Location

State PA

County Philadelphia

Area 19131 (19131)

Zoning RM1

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Window Unit(s), Multi Units

Inclusions Type R Liquor License, all restaurant and business equipment, restaurant business, related appliances, walk-in fridge, trade fixtures

Equipment Negotiable

Heat Source Electric

Exterior

Utilities Available Cable TV, Phone Connected, Phone Available

Water Access N

Accessibility None

Garage N

Building

Lot Description Corner

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871569500

Ownership Fee Simple

Security Features 24 hour security,Electric Alarm,Monitored,Security System,Window Grills

Acceptable Financing Cash, Private, Negotiable, Other

Listing Terms Cash, Private, Negotiable, Other

Financing Cash,Private,Negotiable,Other

Special Listing Condition Standard

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Joseph Resciniti

Broker Associate | NJ Lic#NJ-Lic#2183769*PA-Lic#AB069463

+1(732) 547-1572

683 N 52ND ST Philadelphia, PA 19131

Joseph Resciniti

Key Details

Location

Interior

Exterior

Building

Schools

Others

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683 N 52ND ST