$ 529,900
-
$529,900
Price -
2
Bed -
0
Bath -
2,918
SqFt
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About the Listing COMPASS6 - 3339541,3196155
GREAT INVESTMENT OPPORTUNITY IN MANAYUNK! Located just blocks away from the vibrant retail and dining scene on Main Street and Ridge Avenue, this prime corner building offers a fantastic investment opportunity in one of Philadelphia’s most sought-after neighborhoods. With a total of 2,918 square feet, this mixed-use property combines residential and retail space, making it an ideal choice for investors looking to capitalize on both long-term rental income and the potential for a thriving retail business. The first-floor retail space, previously a successful restaurant tavern, comes with a commercial kitchen space and hood system, walk-in cooler, bar layout and seating for 40-60 patrons. The property comes with the potential to acquire a liquor license, which will be sold separately from the property itself. This license allows for full-service alcohol service, including outdoor seating, offering tremendous flexibility for a bar or restaurant business. The CMX1 zoning permits additional uses including a deli/grocery store, daycare facility, boutique, financial services, pet store, or medical practice. Above the retail space, there are two newly renovated 1-bedroom apartments on the 2nd and 3rd floors, each featuring modern updates including new flooring, stainless steel appliances, and stylish new bathrooms. Located in a high-demand, thriving neighborhood, this mixed-use property is an excellent investment with great potential for both rental income and business ventures.
Listing Highlights
Status
Active
Days on Site
112
Property Type
Multi-Family
MLS ®
PAPH2531184
Year Built
1900
Total Square Footage
2,918
Lot/Acreage
0.04
Interior Details
- Bedrooms: 2
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2918
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 19.00 x 83.00
- Zoning: Ground Floor Commercial Use with Residential Apartment Use above; currently built out for a restaurant/bar use on the ground flr
- Roof: Flat
- Others: Excellent
- Sewer: Public Septic
- Parking Features: On Street
Financial Details
- Tax Amount: $5,039
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
3847 Terrace St Philadelphia, PA 19128
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