Price Reduction
Listed By:
National Realty Old City LLC - PA
Address
312 Market Street # A, Philadelphia, PA
Price
$ 2,999,000
Property Attributes
  • MLS#PAPH2281332
  • TypeCommercial
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19106
  • NeighborhoodOld City
  • Zip19106
  • StyleBig Box Retail,Restaurant/Bar,Vet/Kennel,Hair Salo
  • Year Built2005
  • Taxes$ 20186
  • Price$ 2,999,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10729
Data Source:
Bright MLS
Property Description

Old City's largest available 2nd generation restaurant with available liquor license. This expansive first-floor Market Street property features two bars, an existing kitchen with new hood and full basement. High ceilings, handicapped bathrooms, DJ booth, two banks of skylights and 1,000 square foot mezzanine are just some of this property's unique features. Potential expansion into two formerly sealed off floors above kitchen. Located next door to America's oldest post office and other historic attractions. Located just doors from award winning "Fork" restaurant. Also available for lease.

Price History
9/26/2023 Listed $3,350,000
5/6/2024 11% - $2,999,000

General Features

Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Utilities Electric Available,Natural Gas Available,Sewer Available,Water Available
Possession Coin w/Sell Sett
Zoning CMX3
Construction Materials Masonry
Exclusions Liquor License Negotiable
Year Built 2005
Unit Number A
Property SubType Retail
Tax Year 2023
Percent Ownership Condominium
Cool Fuel Electric
Business Type Big Box Retail,Restaurant/Bar,Vet/Kennel,Hair Salon and Spa,Convenience Store/Gas
Accessibility Level Entry - Main
County PHILADELPHIA
New Construction No
Property Type Commercial Sale
Subdivision Name OLD CITY
Possible Use Bar/Tavern/Lounge,Restaurant,Retail,Vacant
Water Access Y/N No
Transportation Airport less than 10 miles,Bus Stop less than 1 mile,Metro/Subway Station less than 1 mile
Status ACTIVE
Directions South side of Market Street between 3rd & 4th Streets.
ModificationTimestamp 2024-05-18T14:56:02
City PHILADELPHIA
Buyer Agent Compensation 2.5
Total Units 4
MLS Area 19106 (19106)
Tax Assessed Value 1442100.0
Waterfront Y/N No
Street Name MARKET
Tax Annual Amount 20186.0
Price Per Sq Ft Total 201.53
Acceptable Financing Conventional
Vacation Rental Y/N No
Days on Market 232
Standard Status Active
Year Built Source Assessor
Tax Lot 275
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Natural Gas
Hot Water Electric,Multi-tank
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N Yes
Total Restrooms 4
Entry Level 1
Clear Span Ceiling Height 18' to 24'

Exterior Features

Water Source Public
Inclusions All existing equipment
Type of Parking On Street
Land Use Code 6D0
Foundation Details Stone
Water View Y/N No
Building Area Total 14881.00
Lot Dimensions 0.00 x 0.00
Land Assessed Value 216260.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19106

Price
AVG $470K
$3M
Taxes
AVG $11,729
$20,186
Visits
AVG 286
165
Data Provided by Inside Real Estate®
Year Built
AVG 1917
2005

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