4760 Rising Sun Ave - Bar FOR SALE


Philadelphia, PA 19120
$1,349,000 USD
215-607-6007
4760 Rising Sun Ave, Philadelphia, PA for Sale
$1,349,000 USD
Bar - FOR SALE
1/25
null | 2.22% Cap Rate

4760 Rising Sun Ave
Philadelphia, PA 19120


OVERVIEW

Uncover the extraordinary investment opportunity with this remarkable commercial real estate in Feltonville! Boasting an unbeatable location on an exceptionally high-traffic corner, this property comprises four parcels that house the highly profitable Jimmy's Sports Bar, the exquisite El Castillo Catering Hall and Lounge, and the versatile La Cocina Kitchen. For over a decade, Jimmy's Sports Bar has been a local favorite, consistently drawing in a packed crowd every night. Meanwhile, El Castillo stands as a charming and stylish Latin lounge, complete with a coatroom and elevator, making it a frequent choice for weddings and various celebratory occasions. What sets this property apart is not only the success of these two established businesses but also the potential for additional ventures. With the build-out and creation of new restaurant, it adds possibility of another lucrative venture, enhancing the property's income potential. Included in the sale of both the business and real estate is a valuable liquor license, adding further appeal to this already enticing investment. The zoning classification of CMX1 opens up a multitude of possibilities, making it an ideal choice for entrepreneurs seeking a versatile and profitable space. Looking beyond the existing businesses, the upstairs area presents an opportunity for conversion into apartments or can be rented out as is, providing additional revenue streams. With a history of over 10 years in successful operation and a loyal customer base, this rare combination of businesses and prime location transforms this property into an absolute gold mine. Don't miss out on this exceptional chance to secure a lucrative investment in commercial real estate, offering not just established businesses but also the potential for growth and diversification. Act now and seize this unbelievable opportunity in the heart of Feltonville!

FOR SALE DETAILS

PRICE

$1,349,000 USD

PRICE/SF

$186 USD /SF

CAP RATE

2.22%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jimmy's Lounge/ El Castillo

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

CMX1

APN/PARCEL ID

882061870

ASK ABOUT THIS PROPERTY

Michael McCannKeller Williams EmpowerMore Info
215-607-6007

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

Michael McCannKeller Williams EmpowerMore Info
215-607-6007

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