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5300 Market Street,  Philadelphia PA, 19139

(Active)
$1,200,000
|
5,964 sqft
|
MLS# PAPH2344966
Last Updated: 5/2/2024 11:31 PM
Description for 5300 Market Street Philadelphia, PA 19139
This is the commercial building that you have been waiting on....!!!!!! Here you have a tremendous opportunity to make something amazing! The font of the building has an established bar that has been in business for years and there is, of course, an opportunity to expand the bar business even more. Attached to the bar there is a great set up that could be easily turned into a major money maker. The kitchen is already in place with added space to add another bar set up or take out. In this specific area you could complete the construction of the table booths and by adding tables in the middle of the floor you are looking at a great sized restaurant that has a separate entrance from the front bar. The 1st floor has a maximum capacity of 285 people per the fire code. If that is not enough for you, there is even more opportunity with this building. The 2nd floor there is the perfect space to create a banquet hall/catering event area or a separate private speakeasy or fine dining establishment. The 2nd floor has a separate door for guests to come and go! Also, on the 2nd floor you the capacity to entertain 224 people which create an amazing opportunity to own a building that can almost hold 500 people at a time. Meaning this building can accommodate large or small gatherings - weddings, corporate events, parties, etc. It has untapped potential for Investors looking to develop the property for many other uses. The seller is also including the liquor license with the sale of the building. This is a great location in a neighborhood flourishing with transportation and development! This 2-story, commercial, mixed-use corner property, located in West Philadelphia, is the perfect investment opportunity for those looking to own a prime piece of real estate in a developing neighborhood. This corner property boasts a prime location and there is more. This commercial building is also approved for 5 levels going upwards. This means that you can tear down the building and build new homes or keep the 1st level and add residential living on top of the bar/restaurant. You will be steps away from neighborhood restaurants, cafes, shops, and public transportation, as well as University City, Center City and the Philadelphia suburbs. Whether you are an investor looking to expand your portfolio or a small business owner searching for the perfect space to call your own, this 2-story property is sure to impress. Don't miss your chance to own a piece of West Philadelphia's thriving real estate market!
Price
$1,200,000
WEST PHILADELPHIA
PHILADELPHIA
5,964 (approx)
PAPH2344966
Active
Description
This is the commercial building that you have been waiting on....!!!!!! Here you have a tremendous opportunity to make something amazing! The font of the building has an established bar that has been in business for years and there is, of course, an opportunity to expand the bar business even more. Attached to the bar there is a great set up that could be easily turned into a major money maker. The kitchen is already in place with added space to add another bar set up or take out. In this specific area you could complete the construction of the table booths and by adding tables in the middle of the floor you are looking at a great sized restaurant that has a separate entrance from the front bar. The 1st floor has a maximum capacity of 285 people per the fire code. If that is not enough for you, there is even more opportunity with this building. The 2nd floor there is the perfect space to create a banquet hall/catering event area or a separate private speakeasy or fine dining establishment. The 2nd floor has a separate door for guests to come and go! Also, on the 2nd floor you the capacity to entertain 224 people which create an amazing opportunity to own a building that can almost hold 500 people at a time. Meaning this building can accommodate large or small gatherings - weddings, corporate events, parties, etc. It has untapped potential for Investors looking to develop the property for many other uses. The seller is also including the liquor license with the sale of the building. This is a great location in a neighborhood flourishing with transportation and development! This 2-story, commercial, mixed-use corner property, located in West Philadelphia, is the perfect investment opportunity for those looking to own a prime piece of real estate in a developing neighborhood. This corner property boasts a prime location and there is more. This commercial building is also approved for 5 levels going upwards. This means that you can tear down the building and build new homes or keep the 1st level and add residential living on top of the bar/restaurant. You will be steps away from neighborhood restaurants, cafes, shops, and public transportation, as well as University City, Center City and the Philadelphia suburbs. Whether you are an investor looking to expand your portfolio or a small business owner searching for the perfect space to call your own, this 2-story property is sure to impress. Don't miss your chance to own a piece of West Philadelphia's thriving real estate market!
Listing Information
Property Type: Business Opportunities, Other
0.07 Acres 5,964 (approx) 1925
WEST PHILADELPHIA
Public
Public Sewer
Neighborhood
Room Information
Interior Features
Electric Water Heater
Electric Heating
Exterior / Lot Features
35.00 x 83.00
Driving Directions
From Lancaster Ave turn onto 54th St and then left onto Market St
Financial Considerations
882573005
$5,194
Listing Price History

Philadelphia Real Estate

Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania 19139 has a population of 1,615,184.

The median household income in Philadelphia, Pennsylvania 19139 is $33,430. The median household income for the surrounding county is $50,724 compared to the national median of $66,222. The median age of people living in Philadelphia 19139 is 37 years.

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Courtesy: EXP Realty, LLC
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/2/2024 11:31 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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