Mixed-Use Property with Liquor
5007 Frankford Ave Philadelphia, PA 19124
New
5007 Frankford Ave, Philadelphia, PA, 19124
$420,000
For Sale
$420,000
Mixed-use building with a turnkey sports bar/restaurant space, two residential units, and an included R-liquor license.
Property Size2,803 SF
Price / SF$149.84
Days on Market3
Property Features for 5007 Frankford Ave
General Information
- Standard status
- Active
- Size
- 2,803 SF
Building Details
- Year Built
- 1900
Listing agency
PK PROPERTY INC.
(646) 737-9678
Listed by
Anthony Seo
Source
Kandorre
Added: Jul 21 Updated: Jul 22 at 8:05PM Checked: Jul 23 at 5:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PK PROPERTY INC.
Investment Insights
Based on property information with market context.
This mixed-use property includes a fully equipped, turn-key sports bar and restaurant space on the first floor. The sale includes furniture, fixtures, equipment (FFE), and kitchen infrastructure. The business is currently closed, and the property is being sold completely AS-IS.
The upper level features two residential units on the 2nd and 3rd floors, both described as in livable condition. Additional space includes a full basement for storage and a private backyard.
The R-liquor license is included with the sale, which consists of the property and license assets only as presented in the offering materials.
The upper level features two residential units on the 2nd and 3rd floors, both described as in livable condition. Additional space includes a full basement for storage and a private backyard.
The R-liquor license is included with the sale, which consists of the property and license assets only as presented in the offering materials.
Key Highlights
- Mixed‑use building (built 1900) with a sports bar/restaurant space and two residential units (2nd & 3rd floors).
- Turn‑key sports bar/restaurant includes furniture, fixtures, equipment (FFE), and kitchen infrastructure (business now closed).
- Includes an R‑liquor license with the sale.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.5k | $19.80 |
| − Vacancy | −$3.9k | −$1.39 |
| EGI | $51.6k | $18.41 |
| − OpEx | −$15.5k | −$5.52 |
| NOI | $36.1k | $12.89 |
2,803 SF · lease $19.80/SF/yr · vacancy 7.03% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$1.61M
$1.41M – $1.88M
NOI $112,862 @ 7.0% cap · market cap 26.87%
Second Best
Mixed Use
$688.0K
$602.0K – $802.6K
NOI $48,158 @ 7.0% cap · market cap 11.47%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Brian's Sports bar
Bar & Pub
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use building with a turnkey sports bar/restaurant space, two residential units, and an included R-liquor license.
Where is this mixed-use property located?
The property is located at 5007 Frankford Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Mixed‑use building (built 1900) with a sports bar/restaurant space and two residential units (2nd & 3rd floors).; Turn‑key sports bar/restaurant includes furniture, fixtures, equipment (FFE), and kitchen infrastructure (business now closed).; Includes an R‑liquor license with the sale.
