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705 E Passyunk Avenue

PHILADELPHIA, PA 19147
  • $120,000
  • STATUS: Active
  • ON SITE: 31 Days
  • ID#: PAPH2048490
Price Reduced
UPDATED: 57 min ago
$120,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1915
County:

School Ratings & Info

Description

More than $200K in appliances, equipment, location and lease savings! Excellent opportunity to take over an existing 10-year lease. Lease is at HALF of regular rates. Passed health inspection 11/21. One block off South Street, is arguably a better location. 40k a month Gross income. Expenses about 15k. Owners relocating to expand business. All equipment is in excellent working condition and includes 10' Hood Vent that is working perfectly and up to code ($50k alone), Point of Sale System (POS) including printers and tablets. See attached list of equipment and appliances for full itemized inventory.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Mackintosh Realty Inc. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-01-21T14:53:05.8.
www.sunrisehomesalesteam.com/homes/124194389
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705 E Passyunk Avenue PHILADELPHIA, PA 19147

  • Price: $120,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 57 min ago
  • ID#: PAPH2048490
0
Beds
0
Baths
0
½ Baths
0.03
Acres
1915
Built
Neighborhood:
19147 (19147)
County:
Philadelphia
Area:
19147 (19147)
School District:
The School District Of Philadelphia
Property Description
More than $200K in appliances, equipment, location and lease savings! Excellent opportunity to take over an existing 10-year lease. Lease is at HALF of regular rates. Passed health inspection 11/21. One block off South Street, is arguably a better location. 40k a month Gross income. Expenses about 15k. Owners relocating to expand business. All equipment is in excellent working condition and includes 10' Hood Vent that is working perfectly and up to code ($50k alone), Point of Sale System (POS) including printers and tablets. See attached list of equipment and appliances for full itemized inventory.
Exterior Features

Construction Materials TileOtherBrickGlassMasonry Garage YN No Location Type Urban Other Equipment See Remarks Parking Types On Street Property Condition Excellent Riparian Rights YN No View Street Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 2616.00 Building Features KitchenCeiling FansExhaust SystemOven/Range(S)Private RestroomsRefrigerator(S)Storage Cooling Central A/C Exclusions Not Selling The Name Keshet Or The Current Business. Heating Forced Air Heating YN Yes Inclusions Selling The Lease And Equipment. Over $75000 Of Equipment included. See Attached Pdf "Itemized List Of Restaurant Supplies" For Equipment included.

Property Features

Acceptable Financing CashConventional Accessibility Features No Stairs Assessment Year 2021 Business Type Restaurant/Bar Central Air YN Yes Cross Street Bainbridge St Current Use Restaurant Foundation Details BlockBrick/Mortar Heating Fuel Natural Gas Hot Water Natural Gas Lease Considered YN Yes Municipality Philadelphia Navigable Water YN N New Construction YN No Original MLSNumber 801213528970 Ownership Interest Other Possession 0-30 Days CdSettlement Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 5035.00 Tax Assessment Amount 359688.00 Tax Lot 123 Transportation Airport Less Than 10 MilesBus Stop Less Than 1 MileMetro/Subway Station Less Than 1 MileCommuter Lots Less Than 5 MilesCommuter Rail Station Less Than 1 Mile Vacation Rental YN No Water Source Public Year Built Effective 2020 Zoning Cmx2

Listing courtesy of Springer Realty Group.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Mackintosh Realty Inc. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-01-21T14:53:05.8.
 
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Mackintosh Realty Inc
262 W Patrick Street
Frederick MD, 21701