$1,300,000
$1,400,000
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3,723 SqFt
SOLD DATE : 12/22/2023
Key Details
Sold Price $1,300,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,723 sqft
Price per Sqft $349
MLS Listing ID PAMC2067462
Sold Date 12/22/23
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $8,340
Tax Year 2023
Lot Size 3,922 Sqft
Acres 0.09
Property Description
Amazing investment opportunity for the right buyer looking for a turn-key restaurant business with a Type R liquor license! Currently being used as a fully functioning restaurant, bar/beer sales, and convenience-related items. All trade fixtures are a part of the sale including two brick pizza ovens, two walk-in coolers, 1 walk-in freezer, 7 beverage refrigerators, ovens, grills, frying machine, an ice maker, and other related restaurant equipment. There are 5 slot machines for additional foot traffic and passive income. There are 2 apartments on the second floor - a 2 bedroom and 1 bedroom apartment which are currently vacant (but can easily be rented). The liquor license is Type R, which is top tier! There’s a dining area with plenty of seating and two recently updated restrooms. The options are endless for the new owner to realize their dream of a fully functioning restaurant and bar with income-producing units above! There is plenty of parking (6 cars total between the back and side of the building). Don’t miss your chance, schedule a showing today!
Location
State PA
County Montgomery
Area Norristown Boro (10613)
Zoning 4100 MIX
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 6.0
Waterfront N
Water Access N
Accessibility 2+ Access Exits, Ramp - Main Level
Parking Type On Street, Driveway
Total Parking Spaces 6
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Norristown Area
Others
Tax ID 13-00-24440-009
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, Negotiable
Listing Terms Cash, Conventional, Negotiable
Financing Cash,Conventional,Negotiable
Special Listing Condition Standard
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Bought with Staci R Aquilante • Providence Realty Services Inc
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