1714 Cherry St Philadelphia, PA 19103-2709
This 1,230 square foot restaurant/bar, located at 1714 Cherry Street in Philadelphia, Pennsylvania (zip code 19103), is a single-tenant property zoned CMX-5 in Philadelphia County. The building, a historic carriage house with a rich history dating back to the 1870s, has served as a thriving pub, Mace's Crossing, for decades. Its resilient past, surviving urban development and changes in the surrounding landscape, speaks to its strong foundation and enduring appeal. The property offers a unique opportunity to own a piece of Philadelphia's history, situated in a prime location with established clientele. The building's long-standing success as a popular establishment demonstrates its viability and potential for continued profitability. This is a rare chance to acquire a well-established business in a vibrant and historic neighborhood. The property's single-tenant occupancy simplifies management and provides a stable income stream. The CMX-5 zoning allows for a variety of commercial uses, offering flexibility for future development or expansion.
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DelocInk Tattoo & Piercing Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CMX5 · Philadelphia, PAPhiladelphia. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.