2652-54 S Alder St - Restaurant FOR SALE


Philadelphia, PA 19148- South Philadelphia East
$625,000 USD
610-520-0100
2652-54 S Alder St, Philadelphia, PA for Sale
$625,000 USD
Restaurant - FOR SALE
1/29
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2652-54 S Alder St
Philadelphia, PA 19148
South Philadelphia East


OVERVIEW

Welcome to this exceptional mixed-use property in the heart of South Philly at the heavily traveled intersection of 10th & Oregon Ave - Ideal for entrepreneurs and residents alike, this one-of-a-kind tavern offers a prime location, versatile spaces, and a wealth of opportunity. Located on the ground floor, this stylish neighborhood tavern is just minutes from the sports complex, public transportation, and local attractions like casinos, it’s a hotspot for both locals and visitors. The recently renovated space features an inviting atmosphere with modern décor, a spacious outdoor area, and room for craft cocktails and live entertainment. The kitchen is full of commercial cooking equipment, ready to be put to use. Additionally, there’s a bonus upstairs area perfect for private events, which could easily be converted into an additional residential unit. Whether you're enjoying a night out or hosting a special gathering, this tavern provides the ideal setting. Above the tavern, is an apartment and next to the bar is a duplex residence offering two spacious 1-bedroom apartments with private entrances. With its ideal location, residents can enjoy easy access to diverse dining, shopping, and entertainment options, as well as excellent public transportation links. Whether you're looking to invest in a thriving business or seeking a versatile property with rental potential, this mixed-use building offers the perfect balance of commercial success and residential comfort. Don’t miss your chance to own a piece of South Philly's dynamic landscape. Taxes and square footage are the responsibility of the buyer to have verified. Liquor license not included in this price but could be considered for an additional fee. Liquor license not included in this price but could be considered for an additional fee

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$223 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C

APN/PARCEL ID

871402480

ASK ABOUT THIS PROPERTY

Mike McCannMcCann CommercialMore Info
610-520-0100

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Mike McCannMcCann CommercialMore Info
610-520-0100

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