1155-57 Front St, Philadelphia, PA 19123
7,062 SF | 80% Leased | Retail Building | Philadelphia, PA 19123 | $2,100,000 ($297/SF) | 6.67% Cap Rate
For Sale
Active
Asking Price $2,100,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 7,062 SF
- Price / Square Foot
- $297
Listing Contacts
Stephen Stafford
- Property Info
Property Overview
Property Specs
- CMX3 Zoning
- 2,882 Ground Sq Ft
- Existing buildings contain roughly 8,500 Sq Ft
- 15 key hotel
- H Liquor License
- Cabaret License
- One Carry out restaurant
- One Sit Down Bar Restaurant
- Dumpster License
- All Licenses UP TO DATE and sold with the premises
- Outdoor seating area/private court yard
Hotel Operation:
- 15 key hotel
- Needs renovation and addition of bathrooms to each room
- Must maintain 15 rooms minimum to keep the H Liquor license
List of Licenses in Place:
- Food Prep and serving 30 seats
- Amusement License (cabaret)
- Special Assembly Occupancy (cabaret)
- Dumpster License
- H Liquor License
- CMX3 Zoning
- 2,882 Ground Sq Ft
- Existing buildings contain roughly 8,500 Sq Ft
- 15 key hotel
- H Liquor License
- Cabaret License
- One Carry out restaurant
- One Sit Down Bar Restaurant
- Dumpster License
- All Licenses UP TO DATE and sold with the premises
- Outdoor seating area/private court yard
Hotel Operation:
- 15 key hotel
- Needs renovation and addition of bathrooms to each room
- Must maintain 15 rooms minimum to keep the H Liquor license
List of Licenses in Place:
- Food Prep and serving 30 seats
- Amusement License (cabaret)
- Special Assembly Occupancy (cabaret)
- Dumpster License
- H Liquor License
Property Details
- Class
- C
- Year Built
- 1920
- Stories
- 3
- Property Subtype
- Storefront Retail/Residential
- Lot Size (sq. ft)
- 3,049 SF
Highlights
- Heavy Foot Traffic
- High Visibility Corner
- Multifamily, Hotel, Commercial, or Mixed use by right
- Value Add
Nearby Properties
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