UPDATED:
10/25/2024 07:45 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,632 sqft
Price per Sqft $399
Subdivision Ardmore
MLS Listing ID PAMC2118100
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $12,789
Tax Year 2024
Lot Size 3,497 Sqft
Acres 0.08
Lot Dimensions 40.00 x 0.00
Property Description
The property is being offered for sale at $1,450,000 without the inclusion of the PLCB "R" License. Alternatively, with the PLCB "R" License included, the total asking price is $1,850,000. Please note, the license will not be sold separately prior to the sale of the property.
This turnkey investment opportunity offers an inviting atmosphere with over 100 indoor seats and an outdoor patio accommodating 24. The bar is fully equipped with 16 rotating taps, while the expansive kitchen is outfitted with top-tier facilities, including a 15- ft hood, ansul system, multiple fryers, ovens, and extensive refrigeration. The property also benefits from convenient access to public parking, with over 60 spaces available nearby.
Additionally, the second floor features two 2-bedroom residential apartments, each generating steady rental income. The sale includes a coveted PLCB "R" liquor license, as well as all fixtures, furniture, and equipment (FF&E), ensuring a seamless transition for the new owner.
Location
State PA
County Montgomery
Area Lower Merion Twp (10640)
Zoning VC - VILLAGE CENTER
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 60.0
Waterfront N
Water Access N
Accessibility 2+ Access Exits
Parking Type Off Site, Parking Lot, On Street
Total Parking Spaces 60
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Lower Merion
Others
Tax ID 40-00-13640-009
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Private, Variable
Listing Terms Cash, Conventional, Private, Variable
Financing Cash,Conventional,Private,Variable
Special Listing Condition Standard
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