153 Snyder Ave, Philadelphia, PA 19148

$899,000

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List Price
$899,000
Days on Market
186
Status
ACTIVE UNDER CONTRACT
MLS#
PAPH2452460
Lot Size (Acres)
0.03
Year Built
1920
County
Philadelphia
School District
Philadelphia City

Property Description

BRING YOUR CONCEPT!! Nestled in the heart of South Philadelphia at 153 Snyder Avenue, this property offers a unique blend of commercial and residential spaces, presenting an unparalleled investment opportunity. The establishment features a well-established bar-restaurant and two spacious apartments, each boasting 2 bedrooms and 1 bathroom.​ Everything is less than 7 years old. Owner is open to selling just the building without the liquor license. Property Highlights: Bar-Restaurant: McKenna's Pub, this corner property has been a staple in the community, offering a cozy and welcoming atmosphere for patrons to enjoy drinks and socialize. The pub is equipped with a full kitchen, multiple TVs for sports enthusiasts, and plenty seating for guests. ​ Residential Units: Two well-maintained apartments, each comprising 2 bedrooms and 1 bathroom, provide steady rental income. These units are currently occupied by long-term tenants, ensuring immediate revenue for the new owner. ​ Location & Neighborhood: Situated in the vibrant Mummers Row of South Philadelphia, the property benefits from high foot traffic and a strong sense of community. The area is renowned for its rich cultural heritage, diverse food scene, and proximity to major city attractions. Residents and visitors alike enjoy easy access to the iconic Italian Market, East Passyunk Avenue's dining establishments, and the Philadelphia sports complexes. ​ Investment Potential: This mixed-use property offers multiple revenue streams through its established bar-restaurant and residential units. The inclusion of a liquor license and existing equipment adds significant value, providing a turnkey operation for prospective buyers. With the apartments generating consistent rental income and the commercial space's potential for growth, this property is poised for substantial returns.​ Don't miss out on this exceptional investment opportunity in one of Philadelphia's most dynamic neighborhoods. Whether you're an investor seeking a property with immediate income potential or an entrepreneur looking to own a beloved local establishment, 153 Snyder Avenue offers it all. Contact us today to schedule a viewing and take the first step toward owning this South Philadelphia gem.​

Additional Information

Area
19148 (19148)
Taxes
$6493
School District
Philadelphia City
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C
Roof
Rubber
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Mercury Real Estate Group. Contact: (215) 462-5100