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1601 N 5th St
Philadelphia, PA 19122
Libertad Lounge · Retail Property For Sale


EXECUTIVE SUMMARY
A Rare Opportunity to own your own Bar/Restaurant/Take-Out Business in Booming Olde Kensington! Turn Key operation includes building, business, liquor license, inventory and all equipment/appliances owned by seller! 1st. floor features front and side entrances, updated bar/billiard area with plenty of seating, 2 restrooms, small kitchen prep area, central air/heat, full basement with inside and outside entrances. 2nd floor has 1 studio apt. and 1-one bedroom apartment, 3rd floor is large 1 bedroom apartment, all are in move-in condition with separate inside/outside entrances. Everything is electric with separate meters. The property is well kept and shows well! Qualified buyers/agents with proof of funds should set up their appointment today!
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Bar
Building Size
3,173 SF
Building Class
C
Year Built/Renovated
1920/2007
Price
$1,410,701 CAD
Price Per SF
$444.60 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.43
Lot Size
0.03 AC
Opportunity Zone
Yes
Zoning
CMX2 - Mixed Use
Frontage
18’ on 5th St
PROPERTY TAXES
| Parcel Number | 871099000 | Improvements Assessment | $260,540 CAD |
| Land Assessment | $65,135 CAD | Total Assessment | $325,675 CAD |
PROPERTY TAXES
Parcel Number
871099000
Land Assessment
$65,135 CAD
Improvements Assessment
$260,540 CAD
Total Assessment
$325,675 CAD
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