BEDS0
BATHS
MLS#PAPH2530758
STATUSACTIVE
PROPERTY TYPECommercial - Farm
SCHOOLPHILADELPHIA CITY
Property Description
Right in front of a major city subway station, in a busy area with lots of people and cars, this three-story building has a basement. The first floor is a well-equipped beer deli, with current weekly sales of $19,000. It's run by three family members. Electricity, gas, and water bills are $1,000 per month, and building and business insurance is $5,000 per year. NO Food , beer accounts for nearly 90% of seller's sales. The remaining 10% is candy, potato chips and other snacks. sell a lot of loose beer so very profitable. There's a metal fence behind the building and can park one or two cars there. The second and third floors are occupied by four-bedroom apartments. 1 unit , If you lived on the second and third floors and operated the business , you could expect a net income of $280,000 per year. Dividing the $950,000 price byreal estate and business , $350,000 for the building and $600,000 for the beer license and business
Property Features
Property Type: Commercial - Farm
Cooling: Central A/C
Fuel Type: Electric
Heating: Central
Lot Size: 0.04 Acres
Taxes: $1,902
Year Built: 1930
Feature Descriptions
Accessibility: 2+ Access Exits, Level Entry - Main
Building Name: NONE AVAILABLE
Exterior: Masonry
Lot Dimensions: 0.04 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Total Garage/Parking Spaces: 1
Units: 3
Utilities: Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: PK PROPERTY INC.
Agency Phone: 2156355100
Shown By
Agent Name: The Jesse Hersh Team
Agent Phone: (717) 475-0378
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First American
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
4705 Frankford Avenue | MLS# PAPH2530758
This commercial property located at 4705 Frankford Avenue, Philadelphia, PA 19124 is currently listed for sale with an asking price of $950,000. Frankford Avenue is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.jessehershteam.com today.