Sandra Berlanger - Coldwell Banker Hearthside
1839 Poplar St
PHILADELPHIA, PA 19130

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 is 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.

Details

MLS#1008204668
Sub-TypeResale
StatusActive
Year1943
Days On Site77

Features

SQ Feet3,850
Units3

Market Activity 19130

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Area Information

StatePA
CityPHILADELPHIA
Zip Code19130
Area19130 (19130)
Listing VS Median (in 19130)
Price:
$650,000
low | high
Med:
$155,500
100% of Average
SqFt:
3,850
low | high
Med:
494
100% of Average
$ / SqFt:
$169
low | high
Med:
$317
37.722198347897% of Average
On Site:
77
low | high
Med:
27.5
100% of Average
Listing Updated: 12/17/2018
MLS Number: 1008204668
Listing Provided By:
Jonathan M Tori  of  Addison Real Estate Company Inc

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