3847 Terrace St Philadelphia, PA 19128
Mixed-use property in a high-demand neighborhood with retail and residential.
Lot size:
0.04 AcresProperty Features for 3847 Terrace St
General Information
- Standard status
- Active
- Lot size
- 0.04 Acres
- Exterior features
- Flat
- Interior features
- Hot Water, Central A/C
Building Details
- Year built
- 1900
Source:
Kw
Listing Agent: Aimee Alexander
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Manayunk Mixed-Use Investment Opportunity
Located blocks from Main Street and Ridge Avenue, this 2,918-square-foot mixed-use property in Manayunk offers an investment opportunity. The property combines residential and retail space. The first floor features a retail space, previously a restaurant tavern, with a commercial kitchen space and hood system, walk-in cooler, bar layout, and seating for 40-60 patrons. The property has the potential to acquire a liquor license, sold separately, allowing for full-service alcohol service, including outdoor seating. The CMX1 zoning permits uses including a deli/grocery store, daycare facility, boutique, financial services, pet store, or medical practice. Above the retail space, the second and third floors each contain a newly renovated 1-bedroom apartment featuring new flooring, stainless steel appliances, and new bathrooms. The property is located in a high-demand, thriving neighborhood.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
The Loft Lounge
Bar & Pub
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.21243
- Latitude
- 40.02071
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property in a high-demand neighborhood with retail and residential.
Where is this mixed-use property located?
The property is located at 3847 Terrace St Philadelphia, PA.
What are key features of this property?
This property features: - Prime corner location in the highly desirable Manayunk neighborhood, close to Main Street and Ridge Avenue retail and dining.; - Mixed-use property with first-floor retail space and two newly renovated 1-bedroom apartments, offering diverse income streams.; - Retail space includes a commercial kitchen with hood system, walk-in cooler, and bar layout, previously a successful restaurant.
