45 S 3RD St, Philadelphia, PA, 19106

45 S 3RD St, Philadelphia, PA, 19106 < >
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for sale
Square Feet:2560
Lot Size:0.03 Acres
Year Built:1900
MLS #:PAPH787104
Date Updated:
For information contact:
MGC Real Estate Group
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Excellent opportunity to own a 2 story commercial building in prime Old City location. Property offers many options for redevelopment and buildout. Most recently used as a bar/restaurant, the first floor offers a mix of exposed brick, concrete walls, wood panelling, tall front windows and soaring ceilings; an architecturally interesting space with brand new floor throughout, all joists and subfloor were rebuilt in March 2019. The second floor features a bar with high ceilings, a mix of hardwood and tile flooring, a front wall of beautiful historic doors/windows that drench the space in natural light and over look bustling 3rd Street; a truly unique feature. Bathroom stalls/layout and utility closest are still in place. The 2nd floor can be accessed by 2 separate entrances, one from the main floor interior and another from the street, offering an opportunity for two separate spaces. Use the entire building for one venture, have 2 different commercial uses, possibly expand the building; the options are endless. The 900+ sq ft basement is great for storage, mechanicals, and/or refrigeration options (was home to a walk-in cooler and draft system that were recently removed). Phase 1 electric panel and second floor sub panel installed in 2017 and partial sprinkler system plumbing in basement, first floor, and 2nd floor. The property is being sold with a Liquor License. The main roof was replaced in 2017 and the back roof was replaced in March 2019. Surrounded by historic landmarks, established restaurants, cafe's, retail/office space and new development, this building is in an excellent location not to be missed.
Interior Details
Building Total SQFT: 2560.00

Exterior Details
Lot Size Acres: 0.03Lot Size Dimensions: 20.00 x 64.00
Lot SQFT: 1280.00

Community Information
County: PHILADELPHIACross Street: Chestnut Street
Subdivision Name: OLD CITYZoning: CMX3

Property Information From MLS Data
Accessibility Features: NoneBusiness Type: Restaurant/Bar, Other, Other/General Retail
DOM: 93MLS Area: 19106 (19106)
New Construction YN: NProperty Sub Type: Retail
Year Built: 1900

Cooling Type: NoneHeating Type: None
Sewer Septic: Public SewerWater Source: Public

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Monthly Payment for 45 S 3RD St
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Down Payment:
Loan Amount:$960,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Kristen Shemesh, BHHS Fox & Roach-Center City Walnut

Information obtained from MDBMLS is current as of 7/20/2019 8:08 AM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.