$550,000
$600,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
2,120 Sqft Lot
SOLD DATE : 07/09/2021
Key Details
Sold Price $550,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Conshohocken
MLS Listing ID PAMC682628
Sold Date 07/09/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1910
Annual Tax Amount $3,844
Tax Year 2021
Lot Size 2,120 Sqft
Acres 0.05
Lot Dimensions 20.00 x 0.00
Property Description
Opportunity is knocking with this Mixed-Use building with well-established restaurant/catering business on first floor and separate Apartment on 2nd & 3rd floor. Great investment whether you are an Owner/User or Investor. An opportunity to be one of the many successful eateries in sought-after Conshohocken. With the ever-increasing residential sale prices and buyers flocking to town, you only need to pick up where the previous owners left off to be successful. Located in the heart of Conshohocken on desirable Fayette St. Sellers have had a very successful business for many years and it is time to retire. The many surrounding office buildings and the loyalty of the local residents have not only sustained this business but made it Thrive! Options for outdoor seating include sidewalk on Fayette St and a nice space in the rear to create a hidden patio for dining. Restaurant provides some indoor seating, counter/customer reception, ovens, grill, prep area, storage, basement storage and walk-in refrigerator. Back deck entrance to 2nd flr apartment with 2 large bedrooms, 1 bathroom, large living room and eat-in kitchen and laundry all on two floors. Sale price is for building and equipment. Seller will sell business separately.
Location
State PA
County Montgomery
Area Conshohocken Boro (10605)
Zoning R2
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Colonial
Others
Tax ID 05-00-02984-008
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with John F Mancini • Coldwell Banker Realty