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951-55 Frankford Avenue, Philadelphia, PA 19125

$1,900,000 Sale Pending

  • For Sale
  • Pending
  • Commercial
951-55 Frankford Avenue, Philadelphia, PA 19125View this property at 951-55 Frankford Avenue, Philadelphia, PA 19125
951-55 Frankford AvenuePhiladelphiaPA19125

Property Description

Location, location, location! Don't miss this once in a lifetime opportunity to own one of Fishtown's most highly-visible establishments. Located in full view of the Delaware and Frankford Ave intersection, the Barbary not only serves as a bookend to the vibrant and ever growing Frankford Corridor, but its proximity to the river gives this location benefit from the city's expanding waterfront development. The Barbary's 4800 sqft consists of two dance floors, two custom-built DJ booths, two stages, two full-service bars, full kitchen, cold and dry storage, third-story office/dressing room, and a rear fenced-in yard. Also included in the sale is the Pennsylvania state issued liquor license, full bar inventory, and all furniture, fixtures,
and lighting and sound equipment. This is the definition of turn-key. For decades, The Barbary has been host to both local and touring bands and DJs, but over the past 10 years, its current incarnation is credited as an originator and pioneer of Fishtown's now bustling nightlife. Currently, the Barbary continues to book and curate dozens of shows and parties each month and lines can regularly be seen forming down the block. This opportunity is a no-brainer for any investor or entrepreneur looking to capitalize on the growing market in Fishtown and the impending development of the waterfront.

Full Property Detailsfor 951-55 Frankford Avenue

General

  • Price: $1,900,000
  • Taxes: $9,600 (2018)
  • Status: Pending
  • Type: Commercial
  • MLS ID: 1000315537
  • Updated: 5/15/2018
  • Added: 298 day(s) ago

Business

  • Business Type: Restaurant, Bar/Tavern/Lounge
  • Year Established: -10
  • Includes: Land Only

Interior

  • Flooring: Tile/Brick, Wood

Rooms

Bedrooms

  • Master Bedroom: Unspecified

Additional Information

  • Other Features: Ceiling Fans, Fencing, Fire Alarm, Fire-Resistance Rating, Kitchen, Refrigerator(s), Safe/Vault, Security System, Sprinkler System

Parking

  • Parking Type: None

Location

  • Area: 19125 (19125)
  • County: Philadelphia
  • Development Name: Fishtown
  • Subdivision: Fishtown
  • Cross Streets: Allen
  • Direction Faces: Southeast
  • Location Details: Corner Lot/Unit

Heating & Cooling

  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Other
  • Construction: Brick, CPVC/PVC, Copper Plumbing
  • Foundation: Stone
  • Roof: Flat
  • Stories/Levels: 0
  • Finished Above Grnd: 4,872 Sq. Ft.
  • Year Built: 1910
  • Year Built Source: Estimated

Lot Features

  • Lot Size (Acres): 0.08
  • Lot Size (Sq. Ft.): 3,282
  • Lot Dimensions: 53 x 113
  • Zoning: CMX2.

Financial Considerations

  • Price Per Sq. Ft.: $389.98
  • Tax w/Assessment: $685,800
  • Tax Amount: $9,600
  • Tax Year: 2018

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot: 73 17

Listed by Keller Williams Realty Center City, William M Prince

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Schools

Schoolsserving 951-55 Frankford Avenue

School District:The School District Of Philadelphia
School Name
Grades
Distance
Alexander Adaire Elementary School
1300 E Palmer St, Philadelphia, PA 19125
K-8
0.2 mi
Penn Treaty Middle School
600 E Thompson St, Philadelphia, PA 19125
0.3 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 951-55 Frankford Avenue Get Price Alerts

Date
Details
Price
Change
Source
8/28/2017
Listed
$1,900,000
153.33%
MLS
9/10/2007
Sold
$750,000
Public Record
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Community Info

Community Infofor 951-55 Frankford Avenue

Listed by Keller Williams Realty Center City, William M Prince

951-55 Frankford Avenue, Philadelphia, PA 19125 (MLS# 1000315537) is a Commercial property. 951-55 Frankford Avenue is currently listed for $1,900,000 and was received on August 28, 2017. Want to learn more about 951-55 Frankford Avenue? Do you have questions about finding other Commercial real estate for sale in Fishtown? You can browse all Fishtown real estate or contact a Coldwell Banker agent to request more information.