Philadelphia, PA 19122,1624 N FRONT ST
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Philadelphia, PA 19122,1624 N FRONT ST
Philadelphia, PA 19122,1624 N FRONT ST
Philadelphia, PA 19122,1624 N FRONT ST
Philadelphia, PA 19122,1624 N FRONT ST

$500,000

Est. payment /mo

$500,000

Est.Price: ?

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1624 N FRONT ST Philadelphia, PA 19122

1,225 Sqft Lot

SOLD DATE : 11/07/2016

Key Details

Sold Price $500,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Northern Liberties

MLS Listing ID 1002448652

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

Bar/Restaurant for sale WITHOUT liquor license. The liquor license is also for sale for $200,000. Please see MLS #6748793 for the complete package. Together the bar and the liquor license can be purchased as a package for $699,000. 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

Fireplace N

Exterior

Waterfront N

Water Access N

Accessibility Mobility Improvements

Parking Type On Street

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 Other

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Bright MLS (BMLS)
Listed by Jeanne A Whipple • Coldwell Banker Realty
Bought with Nicole V LaGreca • Coldwell Banker Welker Real Estate-Center City

Betty Brown Vivian

Agent | License ID: 0225257091

+1(703) 402-1677

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