$500,000
$539,000
7.2%For more information regarding the value of a property, please contact us for a free consultation.
963 SqFt
SOLD DATE : 06/05/2023
Key Details
Sold Price $500,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 963 sqft
Price per Sqft $519
Subdivision Bella Vista
MLS Listing ID PAPH2208584
Sold Date 06/05/23
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $4,613
Tax Year 2023
Lot Size 963 Sqft
Acres 0.02
Lot Dimensions 18.00 x 54.00
Property Description
Looking for an exciting investment opportunity in the heart of one of Philadelphia's most vibrant neighborhoods? Look no further than 947 Federal St!
Located in the highly desirable Bella Vista neighborhood, this commercial property is presently home to the long-standing and successful Bitar's restaurant (business not for sale). With a prime location facing Capitolo Park and just one block from 9th St market, Pat's & Geno's Steaks, Insomnia Cookies, and Slice Pizza, this property offers a fantastic opportunity for restaurant and residential development above.
Featuring ample space for a restaurant, with potential for outdoor seating and prime exposure to foot traffic, the property also offers the possibility for residential development on the upper floors. With the high demand for both residential and commercial properties in the area, this is an ideal investment for those looking to tap into the thriving Bella Vista market.
Don't miss your chance to own a piece of one of Philadelphia's hottest neighborhoods – schedule your showing at 947 Federal St today!
Location
State PA
County Philadelphia
Area 19147 (19147)
Zoning RSA5
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Multi Units
Heat Source Natural Gas
Exterior
Utilities Available Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Waterfront N
Water Access N
View Park/Greenbelt, Street
Accessibility Ramp - Main Level
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Horace Furness
School District The School District Of Philadelphia
Others
Tax ID 882933136
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Negotiable
Listing Terms Cash, Conventional, Negotiable
Financing Cash,Conventional,Negotiable
Special Listing Condition Standard
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Bought with Marc A Hammarberg • BHHS Fox & Roach At the Harper, Rittenhouse Square
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "