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2654 S 12th St
Philadelphia, PA 19148

Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Bar
Building Size
1,772 SF
Year Built/Renovated
1930/2015
Tenancy
Single
Building Height
2 Stories
Building FAR
1.87
Lot Size
0.02 AC
Zoning
Commercial - CMX1

Amenities

  • Bus Line
  • Corner Lot
  • Restaurant
  • Signage
  • Air Conditioning

About 2654 S 12th St , Philadelphia, PA 19148

Don't miss out on the opportunity to own this beloved community gem in a prime location just 10 minutes away from the Stadiums (Lincoln Financial Field; Wells Fargo Center; Citizens Bank Park). This turn-key business is perfect for taking advantage of the high foot-traffic from the upcoming Philly football season, basketball, football, hockey, and numerous concerts and shows. The corner location offers excellent visibility from the well-traveled Oregon Ave, with local Septa Rts 45, G, 7, 68 right at your doorstep. Additionally, it is just 2 blocks away from the Septa Broad Street Line and has ample on-street parking. This well-maintained building has endless possibilities and features two floors of bar/restaurant space. It has previously hosted catered dinners, anniversary celebrations, art shows, local bands, comedy shows, and local entertainers, providing additional revenue flow and maximizing off-peak hour sales. The Owners, who have moved from the Philadelphia area, know that the local neighbors are eagerly awaiting a new owner to bring back good food, good drinks, and good times to this popular foodie destination. The local food critics and writers are also excited to promote the new Owner's direction. The property includes newer black granite bartop, two new 60" under-bar beverage coolers, a kitchen reach-in refrigerator, a 6-burner commercial range, a newer installed hood vent and ansul system, a newer furnace and hot water heater, and three new large Renewal by Anderson windows on the second floor (warranty carries to new owner). It also has a PLCB-approved tap line cleaning device (BioQTech) that reduces beer waste and line cleaning costs, as well as an office space that can function as a small Owner overnight-stay studio apartment with a private bathroom, shower, and convenient roof access. All furniture and fixtures, as well as the Pennsylvania R-Liquor License, are included in the sale in "as is" condition.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
882060760
Land Assessment
$60,000
Improvements Assessment
$240,000
Total Assessment
$300,000
  • Listing ID: 29476167

  • Date on Market: 9/8/2023

  • Last Updated:

  • Address: 2654 S 12th St, Philadelphia, PA 19148

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