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Key Details
Sold Price $282,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 1,690 sqft
Price per Sqft $166
MLS Listing ID PADE399052
Sold Date 10/23/20
HOA Y/N N
Originating Board BRIGHT
Year Built 1966
Annual Tax Amount $5,972
Tax Year 2020
Property Description
This restaurant is not closing-restaurant is open-building is for sale with a tenant lease. Terrific investment in Trendy Havertown-A commercial gem located in the quaint section of Penfield, just off of Brookline Blvd. This building provides 1400 sq. ft. currently utilized as a popular restaurant and in the past as a well-known local deli that have serviced this area and surrounding Main Line areas with outstanding results over the past fifty years. Great opportunity to own and provide a cap rate of 7% right off the top of your investment. Seven years remaining of a ten year lease with the current business secures a positive income on your investment. Includes large area that currently serves 75+ people, and a work and prep space, additional work area in the back, two freezers, three prep areas; There is a basement attached for storage, one powder room, parking in the front; walk to the P&W (Septas Rt. 100 line); This is where the locals come together. Please do not disrupt the business at the location.
Location
State PA
County Delaware
Area Haverford Twp (10422)
Zoning COM
Interior
Hot Water Electric
Heating Forced Air
Cooling Wall Unit
Heat Source Natural Gas
Exterior
Garage Spaces 3.0
Water Access N
Roof Type Flat,Slate
Accessibility None
Total Parking Spaces 3
Garage N
Building
Sewer Public Sewer
Water Public
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Haverford Township
Others
Tax ID 22-08-00339-00
Ownership Fee Simple
SqFt Source Estimated
Security Features Exterior Cameras
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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Bought with Jonathan W Street • Coldwell Banker Realty