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8919-25 West Chester Pike

UPPER DARBY, PA 19082
  • $1,199,000
  • STATUS: Active
  • ON SITE: 196 Days
  • ID#: PADE545394
UPDATED: 8 min ago
$1,199,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

School District:

Description

Welcome to this amazing opportunity two decades in the making! 8919, 8921, 8923, & 8925 offer 100+GG of street frontage on West Chester Pike (Route 3, aka Market St), the main line from Center City to the Borough of West Chester. Traffic counts are incredible at this highly visible site. Stewardship of a very successful restaurant / bar / live music venue for the past 18 years is now an available for the next generation of owner / operators. The sale price includes all the real property, Liquor License, FFE & community patronage / good will. This package includes 5 rental units with annual gross income of $54,000 and a massive "value add" opportunity to upgrade units or simply raise the under market rents. In addition, the revenue from rent / operation of the commercial restaurant space which is 10,000+/- square feet with a capacity of 175 people for indoor dining PLUS an outdoor covered patio featuring a full service bar adding another 80 people for service...250+ capacity!!! The 2020 interior renovations include a brand new full service bar with glycol tap system, Woodstone Stone Hearth brand pizza oven, upgraded service bar, dry & cold storage, efficient chef station / food line, incredible basement storage / office space, security surveillance, POS system, A/V package, & every other imaginable necessity for business to grow from the foundation, reputation, and inertia generated by the Sellers for the better part of 20 years. Residential units are Four (3 beds / 1 bath) & One (2 bed / 1 bath) with separate gas & electric meters. The entire building has a centralized boiler that provides heat & domestic hot water. Escape the City+GGs Wage Tax, unpredictability, high rents, & nonsense to grasp this opportunity of ownership with built in cash flow of 100% occupied residential units. If you were every considering a real estate investment paired with a passion, here is the opportunity of a lifetime!

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©2021 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 John Kriza Real Estate Team | Beiler-Campbell Realtors. 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: 2021-12-01T21:50:21.99.
www.johnkrizateam.com/homes/117353419
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8919-25 West Chester Pike UPPER DARBY, PA 19082

  • Price: $1,199,000
  • Status: Active
  • On Site: 196 Days
  • Updated: 8 min ago
  • ID#: PADE545394
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Kirklyn
County:
Delaware
Area:
Upper Darby Twp (10416)
School District:
Upper Darby
Property Description
Welcome to this amazing opportunity two decades in the making! 8919, 8921, 8923, & 8925 offer 100+GG of street frontage on West Chester Pike (Route 3, aka Market St), the main line from Center City to the Borough of West Chester. Traffic counts are incredible at this highly visible site. Stewardship of a very successful restaurant / bar / live music venue for the past 18 years is now an available for the next generation of owner / operators. The sale price includes all the real property, Liquor License, FFE & community patronage / good will. This package includes 5 rental units with annual gross income of $54,000 and a massive "value add" opportunity to upgrade units or simply raise the under market rents. In addition, the revenue from rent / operation of the commercial restaurant space which is 10,000+/- square feet with a capacity of 175 people for indoor dining PLUS an outdoor covered patio featuring a full service bar adding another 80 people for service...250+ capacity!!! The 2020 interior renovations include a brand new full service bar with glycol tap system, Woodstone Stone Hearth brand pizza oven, upgraded service bar, dry & cold storage, efficient chef station / food line, incredible basement storage / office space, security surveillance, POS system, A/V package, & every other imaginable necessity for business to grow from the foundation, reputation, and inertia generated by the Sellers for the better part of 20 years. Residential units are Four (3 beds / 1 bath) & One (2 bed / 1 bath) with separate gas & electric meters. The entire building has a centralized boiler that provides heat & domestic hot water. Escape the City+GGs Wage Tax, unpredictability, high rents, & nonsense to grasp this opportunity of ownership with built in cash flow of 100% occupied residential units. If you were every considering a real estate investment paired with a passion, here is the opportunity of a lifetime!
Exterior Features

Construction Materials Masonry Garage YN No Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 10000.00 Cooling Central A/C Exclusions Alcoholic Beverages Heating Forced Air Heating YN Yes Inclusions Liquor LicenseFfeReal Property Net Square Feet 10000.00

Property Features

Accessibility Features Other Assessment Year 2021 Association YN No Business Type Apartment BuildingRestaurant/Bar Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Natural Gas Municipality Upper Darby Twp Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 304591875131 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 5642.00 Tax Assessment Amount 138390.00 Tax Lot 369-000 Vacation Rental YN No Water Source Public Year Built Effective 2020 Zoning Mixed

Listing courtesy of Keller Williams Real Estate Tri-County.


©2021 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 John Kriza Real Estate Team | Beiler-Campbell Realtors. 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: 2021-12-01T21:50:21.99.
 
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