$2,199,999

2301 Fairmount Ave

PHILADELPHIA PA, 19130

Description

Double wide landmark building with prime corner exposure at 23rd and Fairmount. Formerly a beloved bar and restaurant, the building has a liquor license and three residential apartments above, with a rental income of approx. 4500/mo. A redevelopment scenario could feature up to 18 residential apartments over commercial space by-right. The zoning allows the square footage to be doubled, from 8000 to over 16,000 SF if desired. A conceptual floorplan is available. Multiple commercial uses are also permitted by right. Recreate a neighborhood favorite, on a booming block in a highly desirable area just north of Center City Philadelphia. Walkable to Fairmount Park and everything the bustling Fairmount Avenue corridor has to offer: bars, restaurants, shops, boutiques, cafes, tourist attractions + more. Liquor license separate, not included in sales price. MAKE YOUR MOVE!

Details

MLS#PAPH914456
Listing TypeFor Sale
Sub-TypeResale
Status10000069142
Days On Site135

Features

ZoningCMX2.
Acreage0.08
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Area Information
StatePA
CountyPHILADELPHIA-PA
CityPHILADELPHIA
Zip Code19130
Area19130 (19130)
Listing VS Median (in 19130)
Price:
$2,199,999
low | high
Med:
$192,450
100% of Average
On Site:
135
low | high
Med:
65.500000
100% of Average
Listing Updated: November 26, 2020 8:40:40 PM PST
Ryan J McManus LogoMLS Number: PAPH914456
Listing Provided By:
Ryan J McManus  of  Compass Pennsylvania LLC
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