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Key Details
Sold Price $400,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 1,678 sqft
Price per Sqft $238
MLS Listing ID PAPH2341294
Sold Date 08/01/24
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $2,540
Tax Year 2023
Lot Size 1,205 Sqft
Acres 0.03
Property Description
Fantastic Opportunity in Manayunk! This prominently positioned commercial property, situated at the intersection of Shurs Ln and Terrace St, was previously home to the renowned BYOB, Terrace Street Bistro. Renowned as one of Philadelphia's premier destinations for a romantic evening out, it boasts an enviable location just 3 blocks away from the bustling Main Street in Manayunk, with ample street parking available. The ground floor comprises a spacious dining area accommodating 20-25 guests, complete with a generously sized kitchen featuring commercial-grade appliances including a gas range and refrigerator, along with ample workspace, sinks, and prep areas. Additionally, there are two bathrooms located at the rear of the ground floor. The basement provides ample storage space and additional room for refrigeration units or freezers. Upstairs, accessible via a separate entrance from the rear brick patio, is a charming two-bedroom apartment with the potential to be rented out for $1600 per month. The apartment boasts an inviting eat-in kitchen, two bedrooms, a full bathroom, a laundry closet, and a spacious living room. This property presents a fantastic opportunity for individuals interested in either renting out the apartment while operating a business on the ground floor, or for those seeking the convenience of living upstairs while running a business downstairs.
Location
State PA
County Philadelphia
Area 19128 (19128)
Zoning CMX1
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Window Unit(s)
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871527290
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
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Bought with Xin Chen • Canaan Realty Investment Group
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