683 N 52ND ST, Philadelphia, PA 19131

Property Description

A Type R Liquor License is included in the sale of this amazing investment opportunity! Located in a high traffic and visible location on the corner of Girard and 52nd St with a trolley and bus stop directly in front. This fully functioning and highly profitable restaurant and bar/take-out business includes everything you need to take over and get started making money immediately. A huge walk-in refrigerator to house all of your beverages and food items is located next to the kitchen area which features a grill, cook top, additional refrigerator, ventilation and fire suppression system. A fully functional and comprehensive security system is installed on the premises for employee peace of mind. There is a state-owned lottery system and machines to increase foot traffic and for additional income deposited directly into your account of choice. The full unfinished basement runs the length of the property and has been reinforced significantly to handle the load of the installed trade fixtures, inventory and equipment. There is a large employee breakroom/office in the back and rear and street basement access to conveniently accommodate deliveries of inventory. The owner has taken great care and brought this property to full earning capacity so it is ready to be passed off to a new lucky owner. On the second floor you will find a spacious 3 bedroom apartment that has been fully updated with a new kitchen, bath, flooring, paint and more. The apartment is currently on a month to month lease for $2500/month. This is an incredible opportunity for the right buyer who is ready to manage a very profitable turn-key business. All the equipment needed to get started will be included but the food and beverage inventory is to be purchased separately at the time of settlement. Serious inquiries only please.

Listing Status:

Active

Listing Office:

Christopher Real Estate Services : 8888961034

Listing Agent:

Jonathan C Christopher : 2673421856

MLS ID:

PAPH2551154

Interior

• A/C: Window Unit(s)Multi Units
• Heating: RadiatorElectric
• Disability Feature: None

Construction

• General: MasonryStuccoAluminum SidingStone

Location

• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: RM1871569500
• Current Use: Investment

Utilities

• Utilities: Cable tvPhone connectedPhone available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN
• Exclusions: Tenants belongingsinventory for restaurant and business (negotiable at the time of sale)lottery machines owned by the state and can be transferred to new owner.

This listing courtesy of Jonathan C Christopher, Christopher Real Estate Services