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246 Market Street

PHILADELPHIA, PA 19106
  • $1,250,000
  • STATUS: Active
  • ON SITE: 141 Days
  • ID#: PAPH2287116
UPDATED: 111 min ago
$1,250,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

RARE OPPORTUNITY to own a magnificent architectural masterpiece prominently situated on the main street right in the heart of the Old City neighborhood. Perfect turn-key opportunity for any restaurateur who is looking to open up a restaurant in a location with tons of foot traffic in a high-density area. Its facade generously ushers in an abundance of natural light, creating a warmly inviting atmosphere on both the first and second floors. Currently configured as a bar/restaurant with approximately 6,300 square feet (4,300 on the first floor), it features a thoughtfully designed and spacious dining room and kitchen on the first floor. The entire restaurant can fit approximately 100+ people depending on the table configuration. The full basement is dedicated to serving as a prep kitchen and includes a walk-in commercial refrigerator and freezer. Each floor houses a dining room and a bar, with additional lounge seating on the second floor. There are a total of 5 bathrooms (2 on the first floor, 2 on the second floor, and 1 in the basement), and the sale includes all equipment. This unique property is ideal for an owner-occupant seeking a remarkable location. Nestled in the Old City neighborhood of Philadelphia, this property enjoys convenient access to public transportation via the MFL Frankford Transportation Center to 69th St Transportation Center at the 2nd St Station - MFL stop. Boasting a Walk Score of 100, this location is a Walker+GGs Paradise, with daily errands easily accomplished without a car. The Transit Score of 100 ensures it's a Rider+GGs Paradise, with world-class public transportation at your doorstep. The Bike Score of 84 means it's Very Bikeable, making biking a convenient mode of transportation for most trips. Furthermore, the property is conveniently located near a variety of essential services, including CVS Pharmacy, the US Post Office, Joy Cleaners, Cut It Out Hair Salon, Dave's Barber Shop & Salon, 3rd St Hardware Ace, and many more. Come take a look at this prime location before the opportunity is no longer available.

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©2024 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 Asif Qadir Group | RE/MAX Premiere Selections. 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: 2024-02-29T23:55:58.55.
www.asifqadir.com/homes/144294254
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246 Market Street PHILADELPHIA, PA 19106

  • Price: $1,250,000
  • Status: Active
  • On Site: 141 Days
  • Updated: 111 min ago
  • ID#: PAPH2287116
0
Beds
0
Baths
0
½ Baths
0.05
Acres
1900
Built
Neighborhood:
Old City
County:
Philadelphia
Area:
19106 (19106)
School District:
The School District Of Philadelphia
Property Description
RARE OPPORTUNITY to own a magnificent architectural masterpiece prominently situated on the main street right in the heart of the Old City neighborhood. Perfect turn-key opportunity for any restaurateur who is looking to open up a restaurant in a location with tons of foot traffic in a high-density area. Its facade generously ushers in an abundance of natural light, creating a warmly inviting atmosphere on both the first and second floors. Currently configured as a bar/restaurant with approximately 6,300 square feet (4,300 on the first floor), it features a thoughtfully designed and spacious dining room and kitchen on the first floor. The entire restaurant can fit approximately 100+ people depending on the table configuration. The full basement is dedicated to serving as a prep kitchen and includes a walk-in commercial refrigerator and freezer. Each floor houses a dining room and a bar, with additional lounge seating on the second floor. There are a total of 5 bathrooms (2 on the first floor, 2 on the second floor, and 1 in the basement), and the sale includes all equipment. This unique property is ideal for an owner-occupant seeking a remarkable location. Nestled in the Old City neighborhood of Philadelphia, this property enjoys convenient access to public transportation via the MFL Frankford Transportation Center to 69th St Transportation Center at the 2nd St Station - MFL stop. Boasting a Walk Score of 100, this location is a Walker+GGs Paradise, with daily errands easily accomplished without a car. The Transit Score of 100 ensures it's a Rider+GGs Paradise, with world-class public transportation at your doorstep. The Bike Score of 84 means it's Very Bikeable, making biking a convenient mode of transportation for most trips. Furthermore, the property is conveniently located near a variety of essential services, including CVS Pharmacy, the US Post Office, Joy Cleaners, Cut It Out Hair Salon, Dave's Barber Shop & Salon, 3rd St Hardware Ace, and many more. Come take a look at this prime location before the opportunity is no longer available.
Exterior Features

Construction Materials Masonry Garage YN No Location Type Urban Parking Types On Street Property Condition Very Good Riparian Rights YN No View CityStreetScenic Vista Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 6300.00 Cooling Central A/C Heating Heat Pump(s) Heating YN Yes Net Square Feet 6300.00 Security Features Carbon Monoxide Detector(s)Smoke DetectorSprinkler System - IndoorFire Detection SystemMain Entrance Lock

Property Features

Acceptable Financing CashConventionalOther Accessibility Features None Assessment Year 2023 Business Type Restaurant/Bar Central Air YN Yes Cooling Fuel Natural Gas Cross Street S 3rd St Heating Fuel Natural Gas Historic YN No Hot Water Multi-tank Lease Considered YN No Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 802667505070 Ownership Interest Fee Simple Possession Immediate Property Sub Type Services Sale Type Standard Sewer Public Sewer Tax Annual Amount 11919.00 Tax Assessment Amount 851500.00 Tax Lot 11 Transportation Airport less than 10 milesBus Stop less than 1 mileCommuter Rail Station less than 1 mile Vacation Rental YN No Water Source Public Zoning CMX3

Listing courtesy of RE/MAX @ HOME: .


©2024 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 Asif Qadir Group | RE/MAX Premiere Selections. 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: 2024-02-29T23:55:58.55.
 
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