601-5 S 2ND Street

    PHILADELPHIA, PA 19147
    • $1,950,000
    • STATUS: Active
    • ON SITE: 241 days
    • ID#: 1000323256
    UPDATED: 35 min ago
    $1,950,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,555
      SQFT
    • $297
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1918
    County:

    School Ratings & Info

    Description

    Current operator, Paddywhacks, has just finished the initial 10-year term and is now on a year-to-year lease with no options. He is interested in negotiating an additional 10-year term with the new owner. This property is available along with neighboring building located at 146-148 South Street. This property has been a destination landmark restaurant for several decades. The restaurant boasts a fully fitted out kitchen over multiple levels and a dining area that spans two floors, providing an operator with several venues. Subject to confirmation of existing lease, Liquor License is connected to the building and in-place agreement allows to repurchase license from tenant at end of lease.

    Monthly Payment Calculator

    ©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: 2019-05-19T21:53:58.033.
    www.yourchestercountyhomesearch.com/homes/87640372

    601-5 S 2ND Street PHILADELPHIA, PA 19147

    • Price: $1,950,000
    • Status: Active
    • Updated: 35 min ago
    • ID#: 1000323256
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    6,555
    SQFT
    $297
    $/SQFT
    1918
    Built
    Neighborhood:
    Bella Vista
    County:
    Philadelphia
    Area:
    19147 (19147)
    School District:
    The School District Of Philadelphia
    Property Description
    Current operator, Paddywhacks, has just finished the initial 10-year term and is now on a year-to-year lease with no options. He is interested in negotiating an additional 10-year term with the new owner. This property is available along with neighboring building located at 146-148 South Street. This property has been a destination landmark restaurant for several decades. The restaurant boasts a fully fitted out kitchen over multiple levels and a dining area that spans two floors, providing an operator with several venues. Subject to confirmation of existing lease, Liquor License is connected to the building and in-place agreement allows to repurchase license from tenant at end of lease.
    Exterior Features

    Architectural Style Other Construction Materials Other Garage YN No Other Structures Above Grade Parking Types None Riparian Rights YN No Sign On Property YN N Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 6555 Building Area Total 1.00 Cooling Other Fireplace YN No Heating Other Heating YN Yes Net Square Feet 6555.00 Room List Master Bedroom

    Property Features

    Accessibility Features Other Association YN No Central Air YN No Condo YN No Cooling Fuel Other Cross Street South Heating Fuel Other Hot Water Other Navigable Water YN N New Construction YN No Original MLSNumber 121457225455:TREND Ownership Interest Other Possession Immediate Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 16427.0 Tax Assessment Amount 1173500.0 Tax Lot 479 Vacation Rental YN No Water Source Public Zoning Cmx2

    Listing courtesy of Mallin Panchelli Nadel Realty, 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: 2019-05-19T21:53:58.033.
     
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