683 N 52ND ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19131
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