45 S 3RD Street

    PHILADELPHIA, PA 19106
    • $1,100,000
    • STATUS: Active
    • ON SITE: 234 days
    • ID#: PAPH787104
    $1,100,000
    • 0
      BEDS
    • 0.03
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,890
      SQFT
    • $582
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1900
    County:

    School Ratings & Info

    Description

    Excellent opportunity to own a 2 story commercial building in prime Old City location. Property offers many options for redevelopment and buildout. Most recently used as a bar/restaurant, the first floor offers a mix of exposed brick, concrete walls, wood panelling, tall front windows and soaring ceilings; an architecturally interesting space with brand new floor throughout, all joists and subfloor were rebuilt in March 2019. The second floor features a bar with high ceilings, a mix of hardwood and tile flooring, a front wall of beautiful historic doors/windows that drench the space in natural light and over look bustling 3rd Street; a truly unique feature. Bathroom stalls/layout and utility closest are still in place. The 2nd floor can be accessed by 2 separate entrances, one from the main floor interior and another from the street, offering an opportunity for two separate spaces. Use the entire building for one venture, have 2 different commercial uses, possibly expand the building; the options are endless. The 900+ sq ft basement is great for storage, mechanicals, and/or refrigeration options (was home to a walk-in cooler and draft system that were recently removed). Phase 1 electric panel and second floor sub panel installed in 2017 and partial sprinkler system plumbing in basement, first floor, and 2nd floor. The property is being sold with a Liquor License. The main roof was replaced in 2017 and the back roof was replaced in March 2019. Surrounded by historic landmarks, established restaurants, cafe's, retail/office space and new development, this building is in an excellent location not to be missed.

    Monthly Payment Calculator



    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-12-06T23:52:11.43.
    www.marylandrealestatesearch.com/homes/93746845

    45 S 3RD Street PHILADELPHIA, PA 19106

    • Price: $1,100,000
    • Status: Active
    • ID#: PAPH787104
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.03
    Acres
    1,890
    SQFT
    $582
    $/SQFT
    1900
    Built
    Neighborhood:
    Old City
    County:
    Philadelphia
    Area:
    19106 (19106)
    School District:
    The School District Of Philadelphia
    Property Description
    Excellent opportunity to own a 2 story commercial building in prime Old City location. Property offers many options for redevelopment and buildout. Most recently used as a bar/restaurant, the first floor offers a mix of exposed brick, concrete walls, wood panelling, tall front windows and soaring ceilings; an architecturally interesting space with brand new floor throughout, all joists and subfloor were rebuilt in March 2019. The second floor features a bar with high ceilings, a mix of hardwood and tile flooring, a front wall of beautiful historic doors/windows that drench the space in natural light and over look bustling 3rd Street; a truly unique feature. Bathroom stalls/layout and utility closest are still in place. The 2nd floor can be accessed by 2 separate entrances, one from the main floor interior and another from the street, offering an opportunity for two separate spaces. Use the entire building for one venture, have 2 different commercial uses, possibly expand the building; the options are endless. The 900+ sq ft basement is great for storage, mechanicals, and/or refrigeration options (was home to a walk-in cooler and draft system that were recently removed). Phase 1 electric panel and second floor sub panel installed in 2017 and partial sprinkler system plumbing in basement, first floor, and 2nd floor. The property is being sold with a Liquor License. The main roof was replaced in 2017 and the back roof was replaced in March 2019. Surrounded by historic landmarks, established restaurants, cafe's, retail/office space and new development, this building is in an excellent location not to be missed.
    Exterior Features

    Construction Materials Masonry Garage YN No Parking Types None Riparian Rights YN No Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 2560.00 Cooling None Heating None Heating YN Yes Net Square Feet 2560.00

    Property Features

    Accessibility Features None Assessment Year 2019 Association YN No Business Type Restaurant/BarOtherOther/General Retail Central Air YN No Cooling Fuel None Cross Street Chestnut Street Heating Fuel None Historic YN Yes Hot Water None Incorporated City Name Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 301644316082 Ownership Interest Fee Simple Possession Immediate Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 8264.0 Tax Assessment Amount 590400.0 Tax Lot 79 Vacation Rental YN No Water Source Public Zoning Cmx3

    Listing courtesy of Bhhs Fox & Roach-Center City Walnut.


    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-12-06T23:52:11.43.
     
    Tessier Real Estate
    2225 Old Emmorton Rd Suite 207
    Bel Air MD, 21015