Philadelphia, PA 19128,3989 TERRACE ST
Philadelphia, PA 19128,3989 TERRACE ST
Philadelphia, PA 19128,3989 TERRACE ST
$400,000
Est. payment /mo
$439,990
9.1%
Est.Price: ?

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1,678 SqFt
SOLD DATE : 08/01/2024

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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Bright MLS (BMLS)
Listed by Daniel Caparo • EXP Realty, LLC
Bought with Xin Chen • Canaan Realty Investment Group

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Karen Wilkinson

+1(732) 599-1938

Agent | License ID: 0343436

Agent License ID: 0343436

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