MLS® ID: PAPH787104

45 S 3RD STREET

PHILADELPHIA, Pennsylvania, 19106

$1,200,000 Active
  • - SQFT
Excellent opportunity to own a 2 story commercial building in prime Old City location. 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 property is being sold with a Liquor License. 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.
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Listing courtesy of BHHS Fox & Roach-Center City Walnut, Kristen Shemesh

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    19106
  • Office name
    BHHS Fox & Roach-Center City Walnut
  • Subdivision
    OLD CITY
  • SQFT
    0
  • Bedrooms
    0
  • Property type
    Commercial Sale
  • Zoning type
    CMX3
  • School district
    THE SCHOOL DISTRICT OF PHILADELPHIA
  • Year built
    1900
  • Lot size
    0.03
  • Sewer
    Public Sewer
  • Heating
    None
  • Agent name
    Kristen Shemesh
  • Purchase Type
    Active
  • Price Range
    $1m-$1.25m
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    61039
  • Agent ID
    3181457

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