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$1,200,000
12 Days Online

5300 Market Street
Philadelphia, PA 19139

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1925
Built
Subdivision:
West Philadelphia
County:
Philadelphia

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5300 Market Street5300 Market Street5300 Market Street5300 Market Street
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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!

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Listing Snapshot
Price 
$1,200,000
Days Online 
12 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.07 Acres
Year Built 
1925
MLS® Number 
PAPH2344966
Status 
Active
Property Tax 
$5,194
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
14 hours agoListing updated with changes from the MLS®
2 weeks agoListing first seen online
General Features
Water 
Public
Sewer 
Public Sewer
Construction Materials 
Masonry
Zoning 
CMX2
Acceptable Financing 
CashConventional
Interior Features
Heating 
Other
Cooling 
Ductless/Mini-Split
Central Air 
No
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Community Features
Accessibility Features 
None
Listing courtesy of EXP Realty, LLC (888) 397-7352



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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