Discover an incredible opportunity in the heart of Spring Garden with this mixed-use propertyperfect for investors or owner-occupants looking to make their mark. The property features a commercial space, most recently used as a restaurant, on the main level and a large one-bedroom apartment above, which will soon be available for rent.
The commercial space offers a versatile footprint with existing electrical infrastructure and restaurant framework in placeready for a full build-out or renovation to suit your needs.
Currently, the commercial space is occupied by a tenant on a month-to-month lease, paying $4,000 per month and covering approximately 80% of the propertys expenses, including taxes and utilities. The tenant can remain in place for steady investment income or vacate for an end users immediate use.
An optional liquor license is also available for purchase, offered separately at $150,000providing an excellent value for anyone looking to operate a restaurant, bar, or caf.
The seller is open to selling the property as-is or completing a custom build-out for the right buyer, subject to the extent of the project/terms.
Whether youre seeking an income-generating investment or an inviting opportunity to bring your business vision to life, this property offers flexibility, prime positioning, and long-term potential.
Presented By: Compass Pennsylvania, LLC
Interior Features for 549 N 12Th Street
Other Interior Features
Central Air Y/NYes
FlooringLuxury Vinyl Plank
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 549 N 12Th Street
Acceptable FinancingCash, Other
AccessibilityNone
Business TypeApartment Building, Restaurant/Bar
CityPHILADELPHIA
Construction MaterialsMasonry, Brick
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsUse GPS to 549 N 12th StPhiladelphia, PA 19123
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