$700,000
$699,000
0.1%For more information regarding the value of a property, please contact us for a free consultation.
1,225 Sqft Lot
SOLD DATE : 11/07/2016
Key Details
Sold Price $700,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Northern Liberties
MLS Listing ID 1002397844
Sold Date 11/07/16
HOA Y/N N
Originating Board TREND
Year Built 1936
Annual Tax Amount $2,366
Tax Year 2016
Lot Size 1,225 Sqft
Acres 0.03
Lot Dimensions 20X61
Property Description
What an incredible opportunity at a perfect time to own a bar/tavern being sold with its liquor license. This extra tall, three-story corner property that currently houses Shenanigans II, a busy sports bar, has had a longstanding history in the community. This building recently received a major overhaul from its previous life as a Masonic Lodge, and is largely constructed using recycled and repurposed materials. The bar tops and window frames are constructed out of old TLA Video shelves, some walls are clad in wood pallets, and the 2nd floor's hardwood floor is comprised of wood from the University of Pennsylvania's Palestra basketball court originally installed in 1926. Floor plans of the building are available upon request. The first floor bar is wide open with super tall ceilings, high top seating and both ladies and gentlemen's rest rooms. The basement houses tons of dry storage, a large walk in cooler servicing 18 taps, and bilco doors for keg delivery. The 2nd floor hosts another large bar, rest rooms and a fully equipped commercial kitchen including an Ansul system. Information on the equipment is available upon request. The 3rd floor is a loft with a residential kitchen and a bathroom. Currently it is used as an office and for storage. To get a better idea of what's inside please check out our video tour. Front street really has become quite a destination and continues to grow. Across the street there are plans for 30+ residential units to be built on the former site of a used car lot. Next door the vacant lot just sold and is slated for residential development. Just north on Front St, Evil Genius brewery is coming. This is a perfect location for those looking to invest in a growing and expanding neighborhood. The property is situated at the corner of Front Street and Cecil B. Moore St, a key location at the apex of developing South Kensington, Fishtown and East Kensington. Frequented by commuters using the El, a plethora of sports fans, teachers living in the Oxford Mills building, and professionals working all up and down Front St. this 3-story bar is a great opportunity for your next venture. Please don't question the employees. Please send all questions via a real estate professional.
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning RM1
Direction Northeast
Rooms
Other Rooms Primary Bedroom
Interior
Cooling Central A/C
Flooring Tile/Brick, Wood
Fireplace N
Exterior
Water Access N
Accessibility Mobility Improvements
Garage N
Building
Building Description Other, Public Restrooms,Private Restrooms,Ceiling Fans,Exhaust System,Fire Alarm,Refrigerator(s),Security System,Sprinkler System
Sewer Public Sewer
Water Public
Structure Type Other
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871266000
Ownership Fee Simple
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Bought with Nicole V LaGreca • Coldwell Banker Welker Real Estate-Center City
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "