4760 Rising Sun Ave, Philadelphia, PA 19120 | For Sale

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For Sale $1,349,000

$1,349,000
  • (0)
  • Units
  • Unknown Sq Ft
  • 4,478 Sq Ft
  • Unknown Cap Rate

Description

Seller financing is an option, please inquire for more information

Uncover the extraordinary investment opportunity with this remarkable commercial real estate in Feltonville! Boasting an unbeatable location on an exceptionally high-traffic corner, this property comprises four parcels that house the highly profitable Jimmy's Sports Bar, the exquisite El Castillo Catering Hall and Lounge, and the versatile La Cocina Kitchen.

For over a decades, Jimmy's Sports Bar has been a beloved local favorite, attracting a loyal and steady crowd each night. Now, with the exciting addition of gambling, Jimmy's offers even more entertainment for its patrons. Meanwhile, El Castillo stands as a charming and stylish Latin lounge, complete with a coatroom and elevator, making it a frequent choice for weddings and various celebratory occasions.

What sets this property apart is not only the success of these two established businesses but also the potential for additional ventures. With the build-out and creation of new restaurant, it adds possibility of another lucrative venture, enhancing the property's income potential.

Included in the sale of both the business and real estate is a valuable liquor license, adding further appeal to this already enticing investment. The zoning classification of CMX1 opens up a multitude of possibilities, making it an ideal choice for entrepreneurs seeking a versatile and profitable space.

Looking beyond the existing businesses, the upstairs area presents an opportunity for conversion into apartments or can be rented out as is, providing additional revenue streams. With a history of over 10 years in successful operation and a loyal customer base, this rare combination of businesses and prime location transforms this property into an absolute gold mine.

Don't miss out on this exceptional chance to secure a lucrative investment in commercial real estate, offering not just established businesses but also the potential for growth and diversification. Act now and seize this unbelievable opportunity in the heart of Feltonville!

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $1,349,000
Property Type Other
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1940
Last Sold Unknown
Sold Price Unknown
APN # 882061870
MLS # PAPH2313568
Property ID 320164837
Lot Sqft 4,478
Zoning CMX1
Days on Market 316
Original List Price Unknown
Date Updated November 18, 2024
Date Created January 16, 2024

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

Carlos Masip an agent of . Lic #AB068852


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Data last updated: November 27, 2024.
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