Seller Financing - Lease to Own
Listed By:
EXP Realty, LLC
Address
4626 Baltimore Avenue # 4630, Philadelphia, PA
Price
$ 449,999
Property Attributes
  • MLS#PAPH2271078
  • TypeBusiness Op
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19143
  • NeighborhoodUniversity City
  • Zip19143
  • StyleRestaurant/Bar
  • Price$ 449,999
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage900
  • Lot Size0.07 Acres
Data Source:
Bright MLS
Property Description

Chic Mediterranean Restaurant with Liquor License, established llc, with Indoor/Outdoor Seating in University City, Philly! Discover the epitome of culinary excellence with this exquisite Mediterranean restaurant/bar nestled in the heart of Baltimore ave. Boasting a prime location, a coveted liquor license, and both indoor and outdoor seating, this restaurant presents a rare chance to own a popular income producing establishment in one of the city's most vibrant neighborhoods. Key Features: - Mediterranean Culinary Delights: Experience the rich flavors and aromas of Mediterranean cuisine expertly crafted with the finest ingredient, Elegant Interior: Step into a thoughtfully designed space that exudes sophistication and warmth. The interior seamlessly blends modern aesthetics with traditional Mediterranean accents, creating a truly inviting ambiance. - Versatile Outdoor Oasis: Entice guests to the charming outdoor seating area. Surrounded by the energy of Baltimore ave, this oasis offers a unique experience that sets your restaurant apart. - Established Patronage: Benefit from a loyal and diverse customer base drawn to the restaurant's exceptional cuisine, welcoming atmosphere, and convenient location! - Turnkey Operation: The restaurant is fully equipped and operating with a full staff allowing you to seamlessly take the reins and continue its success story. - Growth Potential: There's ample room for expansion and growth, whether by introducing new menu offerings, accepting door dash and Uber eats orders, extending operating hours, or catering to private events and parties. Don't miss out on this golden opportunity to own this University City Gem. Whether you're an experienced restaurateur looking to expand your portfolio or an aspiring entrepreneur with a passion for food, this turnkey establishment is ready to welcome its next visionary owner. Inquiries and private viewings are welcome. Contact us today to seize this extraordinary chance to become a part of Philadelphia's culinary legacy!" Seller will consider owner financing. Real Estate Not Included, Business Only!

Price History
8/24/2023 Listed $550,000
12/4/2023 19% - $449,999

General Features

Sewer Public Sewer
Heating Hot Water
Cooling Central A/C
Utilities Water Available,Sewer Available,Natural Gas Available,Electric Available,Phone
Possession 0-30 Days CD,120-180 Days
Roof Flat
Zoning C2
Construction Materials Aluminum Siding,Brick,Glass,Mixed Plumbing
Exclusions Real Estate
Year Built 1932
Electric 200+ Amp Service
Unit Number 4630
Property SubType Services
Tax Year 2023
Current Use Bar,Restaurant
Business Type Restaurant/Bar
Accessibility None
Business Name Aksum Cafe
County PHILADELPHIA
Net Operating Income 290000.00
New Construction No
Property Type Business Opportunity
Subdivision Name UNIVERSITY CITY
Water Access Y/N No
Status ACTIVE
Directions SEE GPS - GREEN BUILDING
ModificationTimestamp 2023-12-21T20:00:58
City PHILADELPHIA
Buyer Agent Compensation 2.5
MLS Area 19143 (19143)
Lot Size Square Feet 3000.00
Tax Assessed Value 0.0
Waterfront Y/N No
Street Name BALTIMORE
Tax Annual Amount 0.0
Property Condition Good,Very Good
Price Per Sq Ft 500.0
Acceptable Financing Cash,Contract,Other,Seller Financing
Leasable Area 650
Lease Considered Y/N Yes
Vacation Rental Y/N No
Days on Market 251
Location Type Downtown
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross
Lease Amount 2100.00
Lease Amount Frequency Monthly

Interior Features

Heating Fuel Natural Gas,Electric
Flooring Tile/Brick
Hot Water Natural Gas,Electric
Total Stories 1
Retail SQFT 900
Heating Y/N Yes
Street Suffix AVENUE
Central Air Y/N Yes
Total Restrooms 3
SeatingCapacity 124

Exterior Features

Parking Features Public
Water Source Public
Inclusions All Supplies,Inventory,Liquor License,LLC
Type of Parking On Street
Traffic Count 15000-19999
Water View Y/N No
Building Area Total 900.00
Lot Size Acres 0.07
Lot Size Units Square Feet
Lot Size Source Estimated
Navigable Water Y/N No
Water Oriented Y/N No

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 Business Op Average in 19143

Price
AVG $250K
$450K
Visits
AVG 150
191
Data Provided by Inside Real Estate®
Year Built
AVG 1936
1932

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