4200-4202 Chester Ave, Philadelphia, PA
Multi-Use for Sale - $2,900,000 - 10,600 Sq. Ft. on 9518 acres
Property Info
| CIMLS# | 909149 |
| Location 4200-4202 Chester Ave Philadelphia PA 19104 | |
| Updated | June 27th, 2016 |
| Type | Multi-Use |
| Price | $2,900,000 |
| Building | 10,600 Sq. Ft. |
| Land | 9518 acres |
Property Description
Mill Creek Tavern 4200-4202 Chester Ave is located heart of University City right next to the University Of The Sciences Campus. Three blocks from UPENN campus. Building is constructed of steel, stone and brick. Substructure of building is all steel ideam. Perfect for either resturant/nighclub/bar w/ owner occupied unit above or conversion to mixed use building w/ new construction apartments built out on second and third floor with potential to add additional fourth floor. While keeping the first floor space as a restaurant, lounge or bar space. Very deep lot with parking lot.
- Has 3 bars each bar total
- Bar #1 seats 45 people (first floor legal occupancy 231 people)
- Bar#2 seats 25 people ( also on first floor legal occupancy of 100)
- Bar#3 seats 17 ( located on 2nd floor and can occupy over 100 people)
-#1 & #3 bar have solid mahogany bars w/ mahogany wanescoting.
- Full Kitchen: Complete with stainless steel walls, Walkin Refridgerator & Freezer. Commercial grade stove, fryer, griddle and food prep area w/ sinks.
-Building has 4 AC Units and 8 wall mounted units to suppliment. Each Bar is zoned.
University City, USP, UPENN
Financials
Financial Summary (Proforma)
Year 2015
Operating Expenses: $333,444
Scheduled Gross Income: $927,000
Net Operating Income: $593,556