1839 Poplar Street

    PHILADELPHIA, PA 19130
    • $625,000
    • STATUS: Active
    • ON SITE: 139 days
    • ID#: 1008204668
    UPDATED: 49 min ago
    $625,000
    • 0
      BEDS
    • 0.03
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,600
      SQFT
    • $240
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1943
    County:

    School Ratings & Info

    Description

    Unique peninsula/corner mixed use restaurant/retail property with two apartments. Strategically located on a 5 street intersection, you can not plant a better retail flag in the heart of Francisville! Actual address is 1839-43 Poplar Street a.k.a Gin and Pop Grill/Bar. This 38 seat restaurant/bar was thoroughly renovated 2016-2017 with top of the line trade fixtures and equipment. Outside seating area can accomdate 45+ seats (see plan in documents), inside is approved for live entertainment. Main level features approximately 1200 square feet and was currently occupied by restaurant furnished with 2 bathrooms (one ADA compliant), multiple entries and a kitchen area. Basement provides ample storage for commercial use, all newer mechanicals and a walk in refrigerator boz. 2nd floor features 2 apartments. One Studio with a small deck and a large 1 bed 1 bath apartment. Both units have been recently renovated to include updated kitchen, bathrooms, plumbing and electric, studio apartment could use a quick refreshing to get top dollar. Neighborhood is well established and is still exploding with growth! CMX-2 Zoning provides possible right to build additional floors or add roof decks to property. Note this is an asset sale only Real Estate & FFE PA liquor license is available from previous restaurant for extra fee will be sold separately. This is a super location and a grand opportunity for an owner operator or absentee investor who is looking for additional passive rental income.

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    ©2019 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. 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: 2019-02-19T08:52:01.77.
    www.yourchestercountyhomesearch.com/homes/88157016

    1839 Poplar Street PHILADELPHIA, PA 19130

    • Price: $625,000
    • Status: Active
    • Updated: 49 min ago
    • ID#: 1008204668
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.03
    Acres
    2,600
    SQFT
    $240
    $/SQFT
    1943
    Built
    Neighborhood:
    Francisville
    County:
    Philadelphia
    Area:
    19130 (19130)
    School District:
    The School District Of Philadelphia
    Property Description
    Unique peninsula/corner mixed use restaurant/retail property with two apartments. Strategically located on a 5 street intersection, you can not plant a better retail flag in the heart of Francisville! Actual address is 1839-43 Poplar Street a.k.a Gin and Pop Grill/Bar. This 38 seat restaurant/bar was thoroughly renovated 2016-2017 with top of the line trade fixtures and equipment. Outside seating area can accomdate 45+ seats (see plan in documents), inside is approved for live entertainment. Main level features approximately 1200 square feet and was currently occupied by restaurant furnished with 2 bathrooms (one ADA compliant), multiple entries and a kitchen area. Basement provides ample storage for commercial use, all newer mechanicals and a walk in refrigerator boz. 2nd floor features 2 apartments. One Studio with a small deck and a large 1 bed 1 bath apartment. Both units have been recently renovated to include updated kitchen, bathrooms, plumbing and electric, studio apartment could use a quick refreshing to get top dollar. Neighborhood is well established and is still exploding with growth! CMX-2 Zoning provides possible right to build additional floors or add roof decks to property. Note this is an asset sale only Real Estate & FFE PA liquor license is available from previous restaurant for extra fee will be sold separately. This is a super location and a grand opportunity for an owner operator or absentee investor who is looking for additional passive rental income.
    Exterior Features

    Architectural Style Other Construction Materials Aluminum SidingStucco Exterior Features SidewalksStreet Lights Garage YN No Other Structures Above GradeBelow Grade Parking Types None Pool No Pool Property Condition Average+Prop Riparian Rights YN No Roof Flat Sign On Property YN Y Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Basement FullUnfinished Basement YN Yes Below Grade Finished Area 1250 Building Area Total 2675.00 Cooling Central A/CWall UnitNone Exclusions Leased Equipmnet. Liquor Licemse Available At Extra Cost Fireplace YN No Flooring WoodFully CarpetedTile/Brick Heating ElectricHot WaterForced Air Heating YN Yes Inclusions All Trade Fixtures Not Leased. Interior Features Ceilngfan(S)Store/Office Laundry Type Washer In UnitDryer In UnitNone Living Area 3850 Room List Master Bedroom Security Features Security System Single Room Units 1 Three Bedroom Units 0 Two Bedroom Units 0 Units Furnished None

    Property Features

    Acceptable Financing ConventionalVaFha 203(K)Fha 203(B) Accessibility Features Mobility Improvements Annual Gross Expense 4127.00 Association YN No Central Air YN Yes Condo YN No Cooling Fuel Electric Cross Street 19TH STREET Electric 60 Amp Service100 Amp Service Elevators 0 Entry Location Private Existing Lease Type Month To Month Foundation Details Stone Heating Fuel Natural GasElectric Hot Water Natural Gas Incorporated City Name Philadelphia Navigable Water YN N New Construction YN No Number Of Units Leased 1 Number Of Units Total 3 Number Of Units Vacant 2 Original MLSNumber 300776792695:TREND Owner Pays Water Ownership Interest Fee Simple Possession 31-60 Days Cd61-90 Days Cd Property Sub Type Triplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 4127.0 Tax Assessment Amount 295000.0 Utilities Cable Tv Available Vacation Rental YN No Water Source Public Window Features Energy EfficientReplacement Zoning Cmx-2

    Listing courtesy of Addison Real Estate Company Inc.
    ©2019 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. 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: 2019-02-19T08:52:01.77.
     
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