7318 Castor Avenue Philadelphia, PA $ 900,000
7318 Castor Avenue
$ 900,000
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7318 Castor Avenue

Philadelphia, PA, 19152
$ 900,000
Baths0.0 Sq 5,600

Monthly Estimate*

$ 5,982

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Studio

Commercial Property for sale in Philadelphia, PA

for $900,000. This 5,600 square foot building was built in 1950 on a lot size of 0.18.

Real Estate Only sale!!!! This prestigious establishment, located in the heart of the Castor Ave Business corridor within the Rhawnhurst subdivision of Northeast Philadelphia, offers a remarkable opportunity for prospective buyers. Boasting approximately 5,600 square feet of commercial space , this establishment provides a spacious and versatile area for a bar and restaurant business. The main level offers ample room for various business operations, allowing for creative layout and design possibilities. The expansive square footage ensures flexibility in catering to diverse customer needs, from dining areas to bar setups and entertainment spaces. In addition to the generous main level, the establishment includes professional spaces on the second floor. This additional area can be utilized for administrative purposes, private events, or other business-related functions. The multi-level setup enhances the overall functionality and appeal of the property. With a history of serving the Northeast Philadelphia communities for decades, this bar and restaurant establishment has become a staple in the local scene. Its availability for sale presents a unique opportunity for entrepreneurs looking for a great investment opportunity Prospective buyers can explore the potential for creating a vibrant and inclusive space that caters to the diverse tastes of the Northeast communities. The combination of commercial space on the main level and professional spaces on the second floor opens up possibilities for various business models and revenue streams. For those interested in acquiring a well-established Property in a prime location, this offering in the Castor Ave Business corridor is worth serious consideration. It provides the canvas for transforming this space into a thriving hub for social gatherings, culinary experiences, and community engagement. Second level is as big as main level and occupied by another tenant / institution . Please don't approach tenant or Staff at bar with questions pertaining to sale . Thank you PS. PROPERTY NEXT DOOR AT 7312-16 CASTOR AVE BEING AVAILABLE FOR SALE SEPERATLY OR AS A PACKAGE

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Commercial Active

Price

$ 900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,640

Style

Restaurant/Bar,Hair Salon and Spa

Lot Size

0.18

Year Built

1950

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2320150

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Street Suffix AVENUE
Central Air Y/N Y
Total Restrooms 4
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession Negotiable
Zoning CMX2
Construction Materials Masonry
Year Built 1950
Property SubType Retail
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Other
Municipality PHILADELPHIA
Business Type Restaurant/Bar Hair Salon and Spa
Accessibility Elevator
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name RHAWNHURST
Water Access Y/N N
Status ACTIVE
Directions GPS
City PHILADELPHIA
Buyer Agent Compensation 2
Total Units 4
MLS Area 19152 (19152)
Lot Size Square Feet 7867.00
Waterfront Y/N N
Street Name CASTOR
Tax Annual Amount 7640.0
Price Per Sq Ft Total 160.71
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Days on Market 102
Standard Status Active
Year Built Source Assessor
Tax Lot 273
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 5600.00
Lot Dimensions 25.00 x 214.00
Lot Size Acres 0.18
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 109163.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 7318
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* Excluded Features
List By
Re/Max 2000

Broker

carlcesar@aol.com

Email

Affordability Calculator

$6,618
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,982
Monthly Property Taxes
$637
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/8/2024$900,000 Listed Price

Map


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7318 Castor Avenue, Philadelphia, PA, 19152 is a Commercial Property for sale at $900,000 with 5,600 sqft and a lot size of 0.18. 7318 Castor Avenue is a studio with 0.0 baths and was built in 1950. The property's zip code is 19152 which is in Philadelphia, PA