$800,000

45 S 3rd St

PHILADELPHIA PA, 19106

Description

Excellent opportunity to own a 2 story commercial building in prime Old City location. **Liquor License can be included in sale for additional cost** Property offers many options for redevelopment and buildout. Most recently used as a bar/restaurant, the first floor offers a mix of exposed brick, concrete walls, wood panelling, tall front windows and soaring ceilings; an architecturally interesting space with brand new floor throughout, all joists and subfloor were rebuilt in March 2019. The second floor features a bar with high ceilings, a mix of hardwood and tile flooring, a front wall of beautiful historic doors/windows that drench the space in natural light and over look bustling 3rd Street; a truly unique feature. Bathroom stalls/layout and utility closest are still in place. The 2nd floor can be accessed by 2 separate entrances, one from the main floor interior and another from the street, offering an opportunity for two separate spaces. Use the entire building for one venture, have 2 different commercial uses, possibly expand the building; the options are endless. The 900+ sq ft basement is great for storage, mechanicals, and/or refrigeration options (was home to a walk-in cooler and draft system that were recently removed). Phase 1 electric panel and second floor sub panel installed in 2017 and partial sprinkler system plumbing in basement, first floor, and 2nd floor. The main roof was replaced in 2017 and the back roof was replaced in March 2019. Surrounded by historic landmarks, established restaurants, cafe's, retail/office space and new development, this building is in an excellent location not to be missed.

Details

MLS#PAPH817466
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1900
Days On Site359

Features

SQ Feet1,890
ZoningCMX3
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Area Information

StatePA
CityPHILADELPHIA
Zip Code19106
Area19106 (19106)
Listing VS Median (in 19106)
Price:
$800,000
low | high
Med:
$2,495
100% of Average
SqFt:
1,890
low | high
Med:
987
97.804232804233% of Average
$ / SqFt:
$423
low | high
Med:
$3
100% of Average
On Site:
359
low | high
Med:
72
100% of Average
Listing Updated: 06/28/2020
Kristen Shemesh LogoMLS Number: PAPH817466
Listing Provided By:
Kristen Shemesh  of  BHHS Fox Roach-Center City Walnut