4760-66 RISING SUN AVE Active

Philadelphia,PA 19120

$ 1349000

- Bed

- Bath

7242 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,242 sqft

Price per Sqft $186

Subdivision Feltonville

MLS Listing ID PAPH2313568

Originating Board BRIGHT

Year Built 1940

Annual Tax Amount $7,778

Tax Year 2024

Lot Size 4,478 Sqft

Acres 0.1

Lot Dimensions 82.00 x 55.00

Property Description

Seller financing is an option, please inquire for more information

Uncover the extraordinary investment opportunity with this remarkable commercial real estate in Feltonville! Boasting an unbeatable location on an exceptionally high-traffic corner, this property comprises four parcels that house the highly profitable Jimmy's Sports Bar, the exquisite El Castillo Catering Hall and Lounge, and the versatile La Cocina Kitchen.

For over a decades, Jimmy's Sports Bar has been a beloved local favorite, attracting a loyal and steady crowd each night. Now, with the exciting addition of gambling, Jimmy's offers even more entertainment for its patrons. Meanwhile, El Castillo stands as a charming and stylish Latin lounge, complete with a coatroom and elevator, making it a frequent choice for weddings and various celebratory occasions.

What sets this property apart is not only the success of these two established businesses but also the potential for additional ventures. With the build-out and creation of new restaurant, it adds possibility of another lucrative venture, enhancing the property's income potential.

Included in the sale of both the business and real estate is a valuable liquor license, adding further appeal to this already enticing investment. The zoning classification of CMX1 opens up a multitude of possibilities, making it an ideal choice for entrepreneurs seeking a versatile and profitable space.

Looking beyond the existing businesses, the upstairs area presents an opportunity for conversion into apartments or can be rented out as is, providing additional revenue streams. With a history of over 10 years in successful operation and a loyal customer base, this rare combination of businesses and prime location transforms this property into an absolute gold mine.

Don't miss out on this exceptional chance to secure a lucrative investment in commercial real estate, offering not just established businesses but also the potential for growth and diversification. Act now and seize this unbelievable opportunity in the heart of Feltonville!

Location

State PA

County Philadelphia

Area 19120 (19120)

Zoning CMX1

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Inclusions All business equipment and fixtures.

Heat Source Electric

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type None

Garage N

Building

Sewer Public Septic

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 882061870

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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