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Property profile & analytics
OFF-MARKET Estimated value $1,755,000
Turn key restaurants

1402 Oxford St 4 Philadelphia, PA 19121-3421

7,764 SF 0.11 ac lot Built 1915
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US73-2138161
Property summary
AI-generated overview

This exceptional three-story, 7,800 sq ft property in Philadelphia, PA (1402 W Oxford St, zip 19121) presents a unique redevelopment opportunity. Currently operating as a renowned bar and restaurant with a rich musical history, hosting legendary artists for over four decades, the property boasts five units across three stories. The main floor features a welcoming front bar, full kitchen, rear bar, entertainment space with a stage, and multiple bathrooms. The second floor includes another bar, entertainment area, kitchen, and two bathrooms. A spacious third-floor entertainment area with an outdoor patio provides additional versatility. A full basement offers ample storage. The 4,800 sq ft lot is zoned CMX-2, offering flexibility for mixed-use development, including student housing given its proximity to Temple University. The property's location across from a movie theater and amidst new high-rise apartments further enhances its potential. A liquor license is also available for sale. This is a chance to own a piece of Philadelphia's musical heritage while capitalizing on the area's rapid growth and development. The asking price is $5,000,000.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1915
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,764 SF
Lot 0.11 ac (4,800 SF)
Zoning code CMX2
APN 88-2-0066-50
UPID US73-2138161
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
  • LibertyX Bitcoin ATM Atm
  • New Barber's Hall Restaurant
  • Fourth Quarter LLC Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.75M
Blend (final) Blend
$1.76M
Owner & transaction history
1402 West Oxford Street Realty · 14 yrs held
1402 West Oxford Street Realty
since 2012
Last sale
$2.3M
2 recorded transactions
2012
$1.8M
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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