A Rare Opportunity to own your own Bar/Restaurant/Take-Out Business in Booming Olde Kensington! Turn Key operation includes building, business, liquor license, inventory and all equipment/appliances owned by seller! 1st. floor features front and side entrances, updated bar/billiard area with plenty of seating, 2 restrooms, small kitchen prep area, central air/heat, full basement with inside and outside entrances. 2nd floor has 1 studio apt. and 1-one bedroom apartment, 3rd floor is large 1 bedroom apartment, all are in move-in condition with separate inside/outside entrances. Everything is electric with separate meters. The property is well kept and shows well! Qualified buyers/agents with proof of funds should set up their appointment today!
Presented By: Realty Mark Associates
Interior Features for 1601 N 5Th Street
Other Interior Features
Central Air Y/NYes
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 1601 N 5Th Street
Acceptable FinancingCash, Conventional
AccessibilityNone
Business TypeRestaurant/Bar, Apartment Building
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsUse GPS. N.E. Corner of N. 5th st. and W. Oxford Sts.
DisclosuresNone
Electric200+ Amp Service
ExclusionsAll equipment owned by vendors.
HeatingBaseboard - Electric
Lot Size Square Feet1182.00
Lot Size UnitsSquare Feet
MLS Area19122 (19122)
ModificationTimestamp2025-05-01T17:46:25
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total3
OwnershipFee Simple
PossessionNegotiable
Possible UseApartments, Bar/Tavern/Lounge, Beer/Wine/Liquor, Food & Beverage, Multi-Family, Restaurant
Property ConditionExcellent
Property SubtypeMixed Use
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameOLDE KENSINGTON
Tax Annual Amount2869.0
Tax Assessed Value205000.0
Tax Lot31
Tax Year2022
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1940
Year Built SourceAssessor
ZoningCMX2
Exterior for 1601 N 5Th Street
Building Area Total0.00
Car Parking Spaces
InclusionsBuilding, Business, Liquor License, Inventory, all equipment and appliances owned by seller in as-is condition.
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