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    7100 Tulip Street

    PHILADELPHIA, PA 19135
    • $207,000
    • STATUS: Active
    • ON SITE: 482 days
    • ID#: PAPH786276
    UPDATED: 44 min ago
    $207,000
    • 0
      BEDS
    • 0.03
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,332
      SQFT
    • $89
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1955
    County:

    School Ratings & Info

    Description

    Amazing opportunity to purchase the former Pasiano's restaurant in Tacony just a few blocks from the Delaware River water front. The business is equipped to seat 90 people. The lower level seats 40 seats and the upper level seats 50. Converting the 2nd level to living space would not be difficult because of the existing bathroom and kitchen. Operator can live on site or rent for approx $1100 for income to help pay operating costs. The kitchen is fully equipped with 15' exhaust hood, fire suppressant system, 2-6 burner stove, stainless double bowel sinks, walk in refrigerated box and more. The restaurant was completely renovated during 2009. This included a new roof, all new windows, custom wood trim, 2nd floor roof deck, and a second kitchen on upper level. The property also has space for a small office for admin/managerial/accounting duties.This building is within walking distance of the recently sold Keystone Lofts (55 unit building just sold for $7.9M), thriving commercial corridors on Torresdale Avenue (Tacony) and Frankford Avenue (Mayfair) and the Delaware Water front. This property is not a part of the new Federal opportunity Zones, but is approx 0.1 mile from the river area which has been included. Other amenities like the expanding Delaware River Trail, Larder's Point Park, multiple supermarkets and a variety of public transportation options (including the Tacony and Holmesburg Regional Rail Stations) and I-95, Route 1 and the bridges to NJ are all in close proximity.As-is sale. All kitchen equipment, furniture, dishes, serving setups, linens etc. are included in the sale. Sale is for the building and all of the equipment.

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Ramus Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-08-07T19:51:19.447.
    www.ramusrealty.com/homes/93667823
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    7100 Tulip Street PHILADELPHIA, PA 19135

    • Price: $207,000
    • Status: Active
    • Updated: 44 min ago
    • ID#: PAPH786276
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.03
    Acres
    2,332
    SQFT
    $89
    $/SQFT
    1955
    Built
    Neighborhood:
    Tacony
    County:
    Philadelphia
    Area:
    19135 (19135)
    School District:
    The School District Of Philadelphia
    Property Description
    Amazing opportunity to purchase the former Pasiano's restaurant in Tacony just a few blocks from the Delaware River water front. The business is equipped to seat 90 people. The lower level seats 40 seats and the upper level seats 50. Converting the 2nd level to living space would not be difficult because of the existing bathroom and kitchen. Operator can live on site or rent for approx $1100 for income to help pay operating costs. The kitchen is fully equipped with 15' exhaust hood, fire suppressant system, 2-6 burner stove, stainless double bowel sinks, walk in refrigerated box and more. The restaurant was completely renovated during 2009. This included a new roof, all new windows, custom wood trim, 2nd floor roof deck, and a second kitchen on upper level. The property also has space for a small office for admin/managerial/accounting duties.This building is within walking distance of the recently sold Keystone Lofts (55 unit building just sold for $7.9M), thriving commercial corridors on Torresdale Avenue (Tacony) and Frankford Avenue (Mayfair) and the Delaware Water front. This property is not a part of the new Federal opportunity Zones, but is approx 0.1 mile from the river area which has been included. Other amenities like the expanding Delaware River Trail, Larder's Point Park, multiple supermarkets and a variety of public transportation options (including the Tacony and Holmesburg Regional Rail Stations) and I-95, Route 1 and the bridges to NJ are all in close proximity.As-is sale. All kitchen equipment, furniture, dishes, serving setups, linens etc. are included in the sale. Sale is for the building and all of the equipment.
    Exterior Features

    Construction Materials Masonry Garage YN No Other Structures Above GradeBelow Grade Parking Types None Riparian Rights YN No Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 2332.00 Cooling Central A/C Heating Forced Air Heating YN Yes Net Square Feet 2332.00

    Property Features

    Accessibility Features Ramp - Main Level Assessment Year 2020 Association YN No Business Type Restaurant/Bar Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Natural Gas Incorporated City Name Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 301638430797 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Other Sale Type Standard Sewer Public Sewer Tax Annual Amount 2742.00 Tax Assessment Amount 195900.00 Tax Lot 138 Vacation Rental YN No Water Source Public Zoning Rsa5

    Listing courtesy of Bhhs Fox & Roach-Art Museum.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Ramus Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-08-07T19:51:19.447.
     
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