$27,000
$50,000
46.0%For more information regarding the value of a property, please contact us for a free consultation.
1,932 Sqft Lot
SOLD DATE : 10/01/2024
Key Details
Sold Price $27,000
Property Type Commercial
Sub Type Services
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PAPH2358392
Sold Date 10/01/24
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $5,865
Tax Year 2024
Lot Size 1,932 Sqft
Acres 0.04
Lot Dimensions 20.00 x 97.00
Property Description
Location: 4255 Main St, Philadelphia, PA 19127
Sale Price: $50,000
Lease Terms: 50% Triple Net Lease
Rent: $6,500/month
Liquor License: Optional Purchase for $180,000
Overview
An incredible opportunity awaits at 4255 Main Street, Philadelphia! This turnkey restaurant is located in the bustling heart of Manayunk, a vibrant and popular area known for its lively dining scene and eclectic shops. With a sale price of just $50,000, this is an ideal investment for aspiring restaurateurs or seasoned professionals looking to expand.
What's Included
Fully Equipped Kitchen: All restaurant equipment is included in the sale, ensuring you have everything you need to hit the ground running.
Prime Location: Situated right on Main Street, your business will benefit from high foot traffic and excellent visibility.
Lease Details: The new owner will enter a 50% Triple Net Lease with the landlord, offering a stable and manageable rent structure at $6,500 per month.
Optional Liquor License
Enhance your business potential by purchasing the liquor license for an additional $180,000. Offering alcoholic beverages can significantly boost your revenue and attract a wider customer base.
Key Features
Strategic Location: Main Street is a hub of activity, perfect for drawing in locals and visitors alike.
Affordable Entry: At just $50,000, this is a cost-effective way to enter the thriving Philadelphia restaurant market.
Complete Setup: No need to worry about purchasing equipment – it's all included.
Flexible Terms: The Triple Net Lease offers transparency and shared responsibilities, making it easier to manage operational costs.
Contact Information
Don’t miss out on this fantastic opportunity to own a restaurant in one of Philadelphia’s most desirable areas. For more information or to schedule a viewing, please contact [Your Name] at [Your Phone Number] or [Your Email Address].
Step into a ready-to-operate restaurant and start making your culinary dreams a reality at 4255 Main Street!
Location
State PA
County Philadelphia
Area 19127 (19127)
Zoning CMX25
Interior
Hot Water Natural Gas
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility 32\"+ wide Doors
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871017800
Ownership Leasehold
SqFt Source Assessor
Special Listing Condition Standard
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Bought with JUSTINE VILLAMAR • Castle Realty Services LLC
Specializing in buyer, seller, tenant, and investor clients. We sell heart, hustle, and a whole lot of homes.
Nettles and Co. is a Philadelphia-based boutique real estate team led by Brittany Nettles. Our mission is to create community by building authentic relationships and making one of the most stressful and intimidating transactions equal parts fun, comfortable, and accessible.