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Property profile & analytics
OFF-MARKET
Bars & Pubs

1216 29th St Philadelphia, PA 19121-4538

2,208 SF 0.02 ac lot Built 1920
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US73-1445319
Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,208 SF
Lot 0.02 ac (901 SF)
Zoning code CMX2
APN 88-2-0093-00
UPID US73-1445319
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Otto's Taproom & Grille Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Brewerytown Investments LLC · 9 yrs held
Brewerytown Investments LLC
since 2017
4 recorded transactions
2017
Price N/A
2017
$196,375
2014
$150,000
1969
Price N/A
Zoning & alternative use
CMX2 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CMX-2 Neighborhood Commercial Mixed-Use-2 C-2 RC-1 RC-2 OC CMX-2.5 Neighborhood Commercial Mixed-Use-2.5 Various special district controls CMX-3 Community Commercial Mixed-Use C-3 RC-3 CMX-4 Core Commercial Mixed-Use C-4 CMX-5 Center City Core Commercial Mixed-Use C-5 CA-1 Auto-Oriented Commercial-1 C-7 NSC CA-2 Auto-Oriented Commercial-2 ASC Eliminated >> C…

Zone name Neighborhood Commercial Mixed Use
General category MIXED_USE
Zone area 1,472.20 ac
Source TITLE 14. ZONING AND PLANNING
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