$164.47 Per Sq Foot $1,745 est/mo Sourced by Back At You

8419 Torresdale Ave,Philadelphia, PA 19136

Philadelphia PA, 19136

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Description

8419 Torresdale Ave presents a unique and versatile commercial mixed-use building in the heart of an vibrant community. The ground floor of this property is home to the esteemed Tate's Restaurant, a popular dining establishment known for its culinary excellence and inviting ambiance. With a prime location on Torresdale Ave, the restaurant enjoys high visibility and foot traffic, making it an ideal spot for attracting both locals and visitors. The ground floor space features a well-designed layout, combining functionality with an aesthetic appeal that enhances the overall dining experience. Tate's Restaurant boasts a welcoming entrance, stylish decor, and a spacious dining area that caters to a diverse clientele. The kitchen is equipped with modern appliances and facilities, ensuring efficiency in food preparation and service. Above the bustling restaurant lies a private 2-bedroom residential apartment, providing a cozy and comfortable living space. The apartment is thoughtfully designed with contemporary finishes, creating a warm and inviting atmosphere. Residents can enjoy the convenience of living just above the lively restaurant while maintaining a sense of privacy. This commercial mixed-use building offers a prime investment opportunity, capitalizing on the success of Tate's Restaurant and the desirability of the 2-bedroom residential unit. The property's strategic location, coupled with the dual-use design, makes it an attractive prospect for investors seeking a dynamic and income-generating asset in a thriving neighborhood. Whether you're interested in the culinary scene or looking for a mixed-use property with potential for both commercial and residential income streams, 8419 Torresdale Ave stands as a compelling and versatile real estate opportunity.

Details

MLS#PAPH2311224
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1925
Days On Site189
Listing Provided ByRE/MAX Access | Christopher Thude
Buying Commision2.5% Of Gross

Features

SQ Feet1,976
ZoningCMX2
Acreage0.11

Market Activity 19136

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Listings Checked: 5 minutes ago
StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19136
Area19136
School DistrictPhiladelphia City
Listing VS Median (in 19136)
Price:
$325,000
low | high
Med:
$229,900
79.261538461538% of Average
SqFt:
1,976
low | high
Med:
1,148
91.902834008097% of Average
$ / SqFt:
$164
low | high
Med:
$200
28.239636752137% of Average
On Site:
189
low | high
Med:
314.000000
60.191082802548% of Average
Sourced by Back At You
Listing Updated: July 12, 2024 at 10:11:01 PM PDT