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7318 Castor Ave
Philadelphia, PA 19152
Office Property For Sale


Executive Summary
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
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,311 SF
Building Class
C
Year Built
1950
Price
$950,000
Price Per SF
$178.87
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,869 SF
Building FAR
0.68
Lot Size
0.18 AC
Zoning
CMX1
Property Taxes
| Parcel Number | 882926300 | Improvements Assessment | $492,160 |
| Land Assessment | $123,040 | Total Assessment | $615,200 |
Property Taxes
Parcel Number
882926300
Land Assessment
$123,040
Improvements Assessment
$492,160
Total Assessment
$615,200
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7318 Castor Ave
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