1700 FAIRMOUNT AVENUE Philadelphia, PA, 19130
$ 900,000Bedrooms Baths0.0 Sq 0
for $900,000. This building was built in 1940 on a lot size of 0.03 Acre(s).
**Please note that the Building and Business is selling for $900, 000 and all 5 licenses are an additional $300, 000 and must be purchased with the building.**1700 Fairmount Avenue is a captivating building that was built in 1968 and completely gutted and renovated in 2001. Today, the building holds a contemporary look with the historic feel. This bar was just placed #7 on the top bars of Fairmount. The basement consists of ample space and is currently being used to store business inventory. 1st Floor consists of an extensive bar followed by a pool table area, 2 spacious updated bathrooms and a vast outdoor enclosed seating area for customers to enjoy food and beverages.2nd Floor consists of a DJ booth, another bar with 2 large TVs, a massive seating area with another 2 large TVs and 2 spacious, updated bathrooms.3rd Floor consists of a 800 sq ft 1 bedroom/1 bathroom apartment with a potential rental income of $1200-$1400 a month. This apartment is currently vacant and move in ready so you can rent it out immediately after settlement!Included in this infrequent buy will be 4 licenses/ permits - Transportation for Hire Class A (delivery), Amusement liquor permit, Restaurant liquor permit, Sunday sales permit. Fairmount is a popular, family friendly neighborhood that continues to reach record breaking growth, and this is your opportunity to be apart of it!
Heating Source Electric Natural Gas
Heating System Hot Water Heater: Electric Hot Water Heater: Gas
Sewer Public Sewer
Water Source Public Water
List By Keller Williams Philadelphia
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Commerical listings in Philadelphia, PA
Average List Price $797,035
Percent of Sale Price 11 %
About Philadelphia, PA
3 %Since 2002
$ 38,982 Median Income
34.87 Median Age
25 % Households with Children
THE SCHOOL DISTRICT OF PHILADELPHIA School District