Philadelphia, PA 19152 7318 Castor Avenue

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Presented By: RE/MAX 2000
  • MLS# PAPH2462354
  • 03/26/2025
  • Request Tour
  • Request Info
  • SQFT • 5,600

Home Details

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
Presented By: RE/MAX 2000

Interior Features for 7318 Castor Avenue

Other Interior Features

Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 7318 Castor Avenue

Acceptable FinancingCash, Conventional
AccessibilityElevator
Business TypeRestaurant/Bar, Hair Salon and Spa
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelOther
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsGPS
HeatingCentral
Lot Size Square Feet7867.00
Lot Size UnitsSquare Feet
MLS Area19152 (19152)
ModificationTimestamp2025-03-26T16:37:36
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total4
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG169.64
Property SubtypeRetail
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameRHAWNHURST
Tax Annual Amount7640.0
Tax Assessed Value545800.0
Tax Lot273
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1950
Year Built SourceEstimated
ZoningCMX2

Exterior for 7318 Castor Avenue

Building Area Total5600.00
Car Parking Spaces10
Land Assessed Value109163.00
Land Use CodeAB0
Lot Dimensions25.00 x 214.00
Lot Size Acres0.18
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces10
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $950,000
MLS#PAPH2462354
List Date 03/26/2025
Property Type Commercial
Phone 703.929.4729
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