Philadelphia, PA 19128,3862-64 TERRACE ST
Philadelphia, PA 19128,3862-64 TERRACE ST
Philadelphia, PA 19128,3862-64 TERRACE ST
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Listed by Paul P Cheng • Keller Williams Realty
$160,000
Est. payment /mo
3,500 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Coming Soon

Purchase Type For Sale

Subdivision Manayunk

MLS Listing ID PAPH2567490

Year Built 1940

Available Date 2025-12-18

Annual Tax Amount $5,881

Tax Year 2025

Lot Size 3,500 Sqft

Acres 0.08

Lot Dimensions 35.00 x 100.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Turn-Key Breakfast & Lunch Restaurant Opportunity. This is a fully built-out, turn-key breakfast and lunch restaurant located in a high-visibility space with a large dining room and efficient layout. Upon entry, guests are welcomed into a spacious dining area featuring fast, convenient keypad ordering systems and ample seating. The front of the restaurant includes large display counters, while coffee and beverage preparation areas are positioned behind the counters for efficient service. To the right side of the space, there is a dedicated office and storage room. On the left, the restaurant offers two ADA-compliant bathrooms. The layout provides plenty of room for dining tables and customer comfort. Toward the back, the property features a fully equipped commercial kitchen, including: Walk-in refrigerator, Stand-up freezers, Ovens, Commercial hood system. Extensive commercial equipment. Dishwasher (owned and included in the sale). Please refer to photos for additional details. The building owner is currently operating the business and is open to a new lease proposal. Lease rate: $4,500 per square foot + NNN. Seller is also open to selling the building and restaurant business for $950,000. which includes an upstairs apartment currently tenant-occupied at $2,000/month. All buyers must provide Proof of Funds to schedule a showing. Do not disturb employees or operations at the location Contact me for additional details and confidential inquiries.

Location

State PA

County Philadelphia

Area 19128 (19128)

Zoning CMX1

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Inclusions Restaurant Business Assets, Furniture, Fixtures, Equipment, Lease proposal $4, 500 +NNN

Heat Source Natural Gas, Electric

Exterior

Water Access N

Accessibility 36\"+ wide Halls

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871527270

Ownership Leasehold

Security Features Surveillance Sys,Smoke Detector,Security System

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard, Third Party Approval


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Jeejesh Mannambeth

Jeejesh Mannambeth

+1(484) 631-6685

REALTOR® | License ID: RS347317

REALTOR® License ID: RS347317

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