2301 Fairmount Ave - Restaurant FOR SALE


Philadelphia, PA 19130- Fairmount-Art Museum
$1,950,000 USD
215-520-5091
2301 Fairmount Ave, Philadelphia, PA for Sale
$1,950,000 USD
Restaurant - FOR SALE
1/53
null | Request Cap Rate

2301 Fairmount Ave
Philadelphia, PA 19130
Fairmount-Art Museum


HIGHLIGHTS

  • The property offers easy access to major cultural institutions like the Philadelphia Museum of Art and the Franklin Institute.
  • Its proximity to abundant green spaces, a welcoming neighborhood atmosphere.
  • Major transportation routes including I-76, I-676, and the Benjamin Franklin Bridge further enhance its appeal.
  • Often referred to as the “Art Museum Area” because of its walking-distance access to Philadelphia Museum of Art
  • Fairmont is home to many young families and urban professionals due to its abundant green space; neighborhood feel and it proximity to Center City.

OVERVIEW

MPN Realty Inc. is pleased to present the exclusive sale of 2301 Fairmount Ave., a premier opportunity to acquire an iconic piece of Philadelphia real estate. This 8,180 +/- SF, 2nd generation multi-floor restaurant space is ideally located in the vibrant Fairmount neighborhood. It features a double-wide first floor with an additional patio and a second-floor private event dining room. Formerly home to the renowned London Grill restaurant and bar, this property boasts a fully fitted-out kitchen with a hood and lower-level walk-ins and storage. With several distinct dining venues, including a classic bar and versatile event spaces, 2301 Fairmount Ave. is a historically significant property recently nominated for inclusion in the Philadelphia Register of Historic Places. Situated in the heart of the "Art Museum Area," the property offers easy access to major cultural institutions like the Philadelphia Museum of Art and the Franklin Institute, making it an attractive location for both locals and visitors. Its proximity to abundant green spaces, a welcoming neighborhood atmosphere, and major transportation routes including I-76, I-676, and the Benjamin Franklin Bridge further enhance its appeal.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$238 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

London Grill Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

CMX2.5

APN/PARCEL ID

871280900

ASK ABOUT THIS PROPERTY

Joe ScarponeMPN RealtyMore Info
215-520-5091

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Joe ScarponeMPN RealtyMore Info
215-520-5091

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.