2654 S 12th Street

CLOSED

Welcome to a golden opportunity in the heart of South Philadelphia! This beloved community cornerstone is up for grabs and it’s your chance to make it your own. Strategically located just 10 minutes from the city’s bustling stadiums – Lincoln Financial Field, Wells Fargo Center, and Citizens Bank Park, this turn-key bar and restaurant is perfectly positioned to capture the energetic foot-traffic from the upcoming Philly sports season, concerts, and shows. This high-visibility corner location on the well-traveled Oregon Ave is easily accessible with local Septa Rts 45, G, 7, 68 right at your doorstep, just two blocks from the Septa Broad Street Line, and plenty of on-street parking. The well-maintained building boasts two floors of bar/restaurant space that have previously hosted catered dinners, anniversary celebrations, art shows, local bands, comedy shows, and local entertainers. This space is ripe with potential for the new owner to maximize revenue and bring their unique vision to life. The local community and food critics alike are eagerly anticipating the return of good food, good drinks, and good times to this popular foodie destination. The property comes equipped with a newer black granite bartop, two new 60″ under-bar beverage coolers, a kitchen reach-in refrigerator, a 6-burner commercial range, a newly installed hood vent and ansul system, a newer furnace and hot water heater, and three new large Renewal by Anderson windows on the 2nd floor. Additional features include a PLCB-approved tap line cleaning device (BioQTech) that reduces beer waste and line cleaning costs, and an office space that can double as a small owner’s studio apartment with a private bathroom, shower, and convenient roof access. and all furniture and fixtures in as-is condition. Don’t miss out on this incredible opportunity to own a piece of South Philadelphia’s vibrant community. The potential is limitless and the rewards are waiting. BUILDING and EQUIPMENT ( NO LIQUOR LICENSE INCLUDED IN PRICE) can be included price 649,999.

Price:$$499,999
Address:2654 S 12th Street
City:Philadelphia
County:Philadelphia
State:Pennsylvania
Zip Code:19148
Subdivision:PHILADELPHIA (SOUTH)
MLS:PAPH2274894
Year Built:1930
Square Feet:1,772
Acres:0.020
Lot Square Feet:0.020 acres
Please sign up for a Listing Manager account below to inquire about this listing