January 14, 2019
Just Listed: New Commercial Property at 1700 Fairmount Ave!
Curious about your home’s worth? Evaluate your Philadelphia property using our free, proven home evaluation tool HERE.
Read more about the history of this bar, which was one frequented by famed author Charles Bukowski.
Please note that the Building and Business is selling for $900,000 and all 5 licenses are an additional $300,000 and must be purchased with the building.
1700 Fairmount Avenue is a captivating building that was built in 1968 and completely gutted and renovated in 2001. Today, the building holds a contemporary look with the historic feel. This bar was just placed #7 on the top bars of Fairmount. The basement consists of ample space and is currently being used to store business inventory. 1st Floor consists of an extensive bar followed by a pool table area, 2 spacious updated bathrooms and a vast outdoor enclosed seating area for customers to enjoy food and beverages.2nd Floor consists of a DJ booth, another bar with 2 large TVs, a massive seating area with another 2 large TVs and 2 spacious, updated bathrooms.3rd Floor consists of a 800 sq ft 1 bedroom/1 bathroom apartment with a potential rental income of $1200-$1400 a month. This apartment is currently vacant and move in ready so you can rent it out immediately after settlement!Included in this infrequent buy will be 4 licenses/ permits – Transportation for Hire Class A (delivery), Amusement liquor permit, Restaurant liquor permit, Sunday sales permit. Fairmount is a popular, family friendly neighborhood that continues to reach record breaking growth, and this is your opportunity to be apart of it!
(Visited 551 times, 1 visits today)