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45 S 3RD ST Philadelphia, PA 19106
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Key Details
Sold Price $770,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 2,560 sqft
Price per Sqft $300
Subdivision Old City
MLS Listing ID PAPH1002202
Sold Date 09/23/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $8,264
Tax Year 2021
Lot Size 1,280 Sqft
Acres 0.03
Lot Dimensions 20.00 x 64.00
Property Description
Excellent opportunity to own a 2 story commercial building in prime Old City location. **Liquor License can be purchased at additional cost ** Property offers many options for redevelopment and buildout. Most recently used as a bar/restaurant, the first floor offers a mix of exposed brick, concrete walls, wood panelling, tall front windows and soaring ceilings; an architecturally interesting space with brand new floor throughout, all joists and subfloor were rebuilt in March 2019. The second floor features a bar with high ceilings, a mix of hardwood and tile flooring, a front wall of beautiful historic doors/windows that drench the space in natural light and over look bustling 3rd Street; a truly unique feature. Bathroom stalls/layout and utility closest are still in place. The 2nd floor can be accessed by 2 separate entrances, one from the main floor interior and another from the street, offering an opportunity for two separate spaces. Use the entire building for one venture, have 2 different commercial uses, possibly expand the building; the options are endless. The 900+ sq ft basement is great for storage, mechanicals, and/or refrigeration options (was home to a walk-in cooler and draft system that were recently removed). Phase 1 electric panel and second floor sub panel installed in 2017 and partial sprinkler system plumbing in basement, first floor, and 2nd floor. The main roof was replaced in 2017 and the back roof was replaced in March 2019. Surrounded by historic landmarks, established restaurants, cafe's, retail/office space and new development, this building is in an excellent location not to be missed! Estimated Square Footage of 3,490sf includes 930sf in basement.
Location
State PA
County Philadelphia
Area 19106 (19106)
Zoning CMX3
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 882614200
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Dava J Costello • OCF Realty LLC - Philadelphia