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16 E East 1st Avenue, Conshohocken, PA 19428
$198,000
16 E East 1st Avenue, Conshohocken, PA 19428View this property at 16 E East 1st Avenue, Conshohocken, PA 19428
16 E East 1st AvenueConshohockenPA19428
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Property Description
PRICE REDUCED - Looking For Your Very Own Restaurant - Well you've Found It! This Well Established, Popular, Busy - Italian BYOB Restaurant is For Sale. Located in highly desired and high trafficked Conshohocken, PA. You could be open tomorrow. Excellent Condition. Sale includes Business, Furnishings, Fixtures, Equipment, Inventory. Great Opportunity. Totally Turnkey. Huge upside potential. Sale does not include Real Estate but very Tenant Friendly Lease is assumable. Large repeat business clientele. Don't miss this chance to own a profitable business. This Restaurant won't last so call today. Fully Equipped Kitchen in great condition. Seating for 170 "In Season", 130 Indoor, Outdoor/Covered Seasonal Seating for 40. . Business is in operation. Please Do Not Contact Business.
Full Property Details
Full Property Details for 16 E East 1st Ave
General
- Price: $198,000
- Taxes: (2023)
- Status: Active
- Type: Business
- MLS ID: PAMC2090472
- Updated: 5/13/2024
- Added to Site: 160 day(s) ago
Business
- Name: Undisclosed
- Business Type: Restaurant/Bar
- Year Established: 1997
- Seating Capacity: 170
Interior
- Flooring: Carpet, Ceramic Tile, Hardwood, Luxury Vinyl Plank, Vinyl
Rooms
Bathrooms
- Restrooms: 4
Additional Information
- Security/Safety: Exterior Cameras
- Other Features: Basement, Ceiling Fans, Kitchen, Private Restrooms, Refrigerator(s), Signage Allowed, Walk-In Box
Parking
- Parking Features: Lighted Parking, Paved Parking, Public, Handicap Parking
- Parking Type: On Street, Public Garage
Location
- Area: Conshohocken Boro (10605)
- Municipality: CONSHOHOCKEN BORO
- County: Montgomery
- Cross Streets: Fayette
- Driving Directions: Just off Fayette Street across from Municipal Parking on East 1st Avenue.
- Traffic Count: 1000-4999
- Location Details: Business District
School Information
- School District: Colonial
- Elementary School: Conshohocken
- Middle School: Colonial
- High School: Plymouth Whitemarsh
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Ductless/Mini-Split, Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Zoned
- Heating Fuel: Electric, Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electric Available, Natural Gas Available, Multiple Phone Lines, Phone, Sewer Available, Water Available
Structural Information
- Construction: Block, Brick, Concrete, Copper Plumbing, CPVC/PVC, Frame, Glass, Masonry, Stone, Stucco
- Foundation: Stone, Block
- Roof: Asphalt, Pitched, Flat, Rubber, Shingle
- Ceiling Height: 8' to 10'
- Doors: Atrium
- Stories/Levels: 3
- Aprox. Leasable: 4,411 Sq. Ft.
- Current Bldg. Use: Restaurant
- Retail: 4,411 Sq. Ft.
- Year Built: 1880
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- # Tenants: Single
Lot Features
- Property View: Street, Other, City
- Street/Road Desc.: Paved, Black Top
- Zoning: COMMERCIAL
Financial Considerations
- Price Per Sq. Ft.: $44
- Lease Fee: $6,100
- County Tax Freq: Annually
- Tax Year: 2023
- Owner Pays: Taxes - Real Estate, Insurance
- Landlord Pays: Taxes - Real Estate, Insurance
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Other
- Exclusions: Personal Items, Pictures, Business Name, Leased Dishwasher and Ice Machine (May be Leased in Buyer's Name).
- Inclusions: All Equipment, Furnishings, Fixtures, Remaining Inventory. Toast POS and Music System.
Listed by John R Chism III
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Schools
Schools serving 16 E East 1st Ave
Rating | Name | Grades | Distance |
---|---|---|---|
301 Harry St, Conshohocken, PA 19428 | K-3 | 0.1 mi | |
200 Karrs Ln, Conshohocken, PA 19428 | K-3 | 1.8 mi | |
542 Plymouth Rd, Plymouth Mtng, PA 19462 | K-3 | 2.9 mi | |
716 Belvoir Rd, Plymouth Mtng, PA 19462 | 6-8 | 3.7 mi | |
325 Tower Ln, Narberth, PA 19072 | 6-8 | 4.1 mi | |
510 Bryn Mawr Ave, Bala Cynwyd, PA 19004 | 6-8 | 5.3 mi | |
600 N Ithan Ave, Bryn Mawr, PA 19010 | 9-12 | 2.3 mi | |
201 E Germantown Pike, Plymouth Mtng, PA 19462 | 9-12 | 2.6 mi | |
201 Spring Ln, Philadelphia, PA 19128 | 9-12 | 2.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16 E East 1st Ave
Date
Details
Price
Change
Source
4/30/2024
Price Reduced
$198,000
-12%
MLS
12/13/2023
Listed
$225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 16 E East 1st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$28,811
4%
$830,330
—
2022
$27,834
2%
$830,330
—
2021
$27,241
3%
$830,330
—
2020
$26,476
6%
$830,330
—
2020
$25,010
3%
$830,330
—
2019
$24,300
2%
$830,330
—
2018
$23,874
2%
$830,330
—
2017
$23,509
3%
$830,330
—
2016
$22,810
3%
$830,330
—
2015
$22,222
4%
$830,330
—
2014
$21,386
—
$830,330
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 16 E East 1st Ave
16 E East 1st Avenue, Conshohocken, PA 19428 (MLS# PAMC2090472) is a Business property. 16 E East 1st Avenue is currently listed for $198,000 and was received on December 13, 2023. Want to learn more about 16 E East 1st Avenue? Do you have questions about finding other Business real estate for sale in Conshohocken? You can browse all Conshohocken real estate or contact a Coldwell Banker agent to request more information.