1535 N Carlisle St
Philadelphia, PA 19121
Retail Property For Sale

Rare opportunity to acquire a commercial property in the center of Temple main campus area. This property was most recently occupied by Masters Bar and Grill, a 6700 square foot bar/restaurant with 2 bar areas, full kitchen, basement storage, office space and outdoor seating. Many of the elements from the bar/restaurant still remain intact. This property can also be converted to one commercial space with 6 residential units above by right. One bedroom units in this area rent for 1100-1200 (closest comparable is literally across the street). This building gets none-stopped foot traffic from students and Temple faculty. There are many new housing developments on this block and more coming as several large scale projects are about to break ground on Carlisle St within 1-2 blocks. This property can be a great long term hold as an investor leasing to tenants or a great place to open a bar/restaurant or any other kind of business. There is also the option of an owner occupant using the first floor space for their business and converting upstairs to residential units to generate a return completely independent of the business. The possibilities are endless for this gem in the heart of a rapidly growing college campus, 10 minutes from center city. There are many successful businesses all around. There are also many other draws to this area as there is a movie theater and Fresh Grocer across the street. If you are looking to invest in the Temple area, location is key and you can't get any closer to actual dorms and campus buildings than this. Floor plans and projections available upon request.