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1839 Poplar St
Philadelphia, PA 19130
Gin & Pop Resturant / Bar · Multifamily Property For Sale
·
3 Units
PROPERTY FACTS
| No. Units | 3 | Building Size | 2,600 SF |
| Property Type | Multifamily | Average Occupancy | 33% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1920 |
| Building Class | C | Parking Ratio | 1.75/1,000 SF |
| Lot Size | 0.03 AC | ||
| Zoning | CMX2 | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.03 AC |
| Building Size | 2,600 SF |
| Average Occupancy | 33% |
| No. Stories | 2 |
| Year Built | 1920 |
| Parking Ratio | 1.75/1,000 SF |
| Zoning | CMX2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
SITE AMENITIES
- Security System
ABOUT 1839 POPLAR ST , PHILADELPHIA, PA 19130
Unique peninsula/corner mixed use restaurant/retail property with two apartments. Strategically located on a 5 street intersection, you can not plant a better retail flag in the heart of Francisville! Actual address is 1839-43 Poplar Street a.k.a Gin and Pop Grill/Bar. This 38 seat restaurant/bar was thoroughly renovated 2016-2017 with top of the line trade fixtures and equipment. Outside seating area can accomdate 45+ seats (see plan in documents), inside is approved for live entertainment. Main level features approximately 1200 square feet and is currently occupied by restaurant furnished with 2 bathrooms (one ADA compliant), multiple entries and a kitchen area. Basement provides ample storage for commercial use, all newer mechanicals and a walk in refrigerator boz. 2nd floor features 2 apartments. One Studio with a small deck and a large 1 bed 1 bath apartment. Both units have been recently renovated to include updated kitchen, bathrooms, plumbing and electric, studio apartment could use a quick refreshing to get top dollar. Neighborhood is well established and is still exploding with growth! CMX-2 Zoning provides possible right to build additional floors or add roof decks to property. Note this is an asset sale only, Real Estate & FFE. only included in this sale. PA liquor license is available and will be sold separately. This is a super location and a grand opportunity for an owner operator or absentee investor who is looking for additional passive rental income.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | $775.00 | 400 |
| 1+1 | 1 | $1,323 | 775 - 800 |
PROPERTY TAXES
| Parcel Number | 871601692 | Improvements Assessment | $375,600 |
| Land Assessment | $93,900 | Total Assessment | $469,500 |
PROPERTY TAXES
