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Listing 3 out of 6
$900,000 For Sale

1700 Fairmount Avenue
Philadelphia, PA 19130

Single Family Home
2,580 sq ft; lot: 1307 sq ft - MLS# PAPH509272
Property Photo
1/10

Description

**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!

Features

  • Property Type: Single Family Home
  • Sub Type: Services
  • Listing Status: Active
  • County/Area: Philadelphia County
  • Zip Code: 19130
  • Year Built: 1940
  • Subdivision/Neighborhood: Fairmount
  • School District: The School District Of Philadelphia
  • Sq.Ft.: 2,580 sq ft
  • Lot Size: 1307 sq ft
  • Accessibility: 2+ Access Exits, Ramp - Main Level
  • Zoning: CMX2
  • Above Grade Fin SQFT Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Annual Rental Income: $16800.00
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Below Grade Unfin Area Units: Square Feet
  • Below Grade Unfin SQFT Source: Assessor
  • Building Total SQFT: 2,580
  • Building Total SQFT Source: Estimated
  • Business Name: Mr Jay's Place
  • Construction Materials: Masonry
  • Heating: Electric, Natural Gas
  • Heating Type: Electric
  • Heating Y/N: Yes
  • Hot Water: Electric, Natural Gas
  • Improvements: Above Grade, Below Grade
  • Leasable SQFT: 800
  • Lot SQFT: 1,320
  • Lot Size Units: Square Feet
  • Municipality: Philadelphia
  • Photo Option: Lister Will Upload All
  • Retail SQFT: 1,850
  • SchoolDistrictSource: Listing Agent
  • Seating Capacity: 80
  • Sewer Septic: Public Sewer
  • Tax Annual Amount: 5368.0
  • Tax Year: 2018
  • Total Below Grade SQFT Source: Assessor
  • Total Finished SQFT Source: Assessor
  • Total Restrooms: 5
  • Total SQFT Source: Assessor
  • Water Source: Public
  • Year Built Source: Estimated
  • Year Established: 2001
Courtesy of Keller Williams Philadelphia
agent photo
Susan Kanterman, REALTOR®
Phone: 215-868-3946
Email: susankanterman@gmail.com
 

Berkshire Hathaway HomeServices
Fox & Roach, REALTORS®
210 West Rittenhouse Square
Philadelphia, PA 19103

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