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Berkshire Hathaway HomeServices Fox & Roach Realtors
6600 Haverford Ave, Philadelphia, PA 19151
- $339,000
- List Price
- $339,000
- Days on Market
- 10
- Status
- ACTIVE
- MLS#
- PAPH2576888
- Lot Size (Acres)
- 0.05
- Year Built
- 1915
- County
- Philadelphia
- School District
- Philadelphia City
Property Description
This is a very busy corner building on a main street, and it's been a seafood restaurant for a very long time, and it used to do extremely well. The current tenant has a 20-year lease, starting at $2,560 per month, with a $50 increase every year starting from the third year. This restaurant has had very high sales for a long time. It has a walk-in freezer, cooking grills, and all the necessary equipment. The current owner is currently renovating the facilities. The next owner will receive monthly rent payments. This is a very good investment property. The building owner is only responsible for property taxes, building insurance, and roofing; the tenant is responsible for everything else. The tenant will likely pay the rent reliably because they expect to receive over $150,000 when they eventually sell the business.
Additional Information
- Area
- 19151 (19151)
- School District
- Philadelphia City
- Heating
- Central
- Cooling
- Central Air
- Utilities
- Electric Available, Multiple Phone Lines, Natural Gas Available, Sewer Available, Water Available
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of PK PROPERTY INC.. Contact: