Description
The property, sitting on two separate tax parcels, is a two story 6,685±sf mixed-use commercial building most recently used as a bar restaurant and night club.The former establishment’s liquor license will be offered concurrently to qualified bidders. The property is located at the corner of Alcott Street and Rising Sun Avenue in the Lawncrest section of Northern Philadelphia. Rising Sun Ave is a major retail thoroughfare and approximately 10,000 cars pass by the property per day. The property also includes 2 vacant residential units. The entire property will be delivered vacant at time of closing.
License # RB067773
Documents
Auction Information
Property Information
* Requires confirmation of Online Agreement
Terms & Conditions
- Buyers Premium: NA
- Closing: Sold in As-Is condition, no contingencies.
- Deposit Amount: $15,000 deposit needs to be wired to escrow agent with sealed bid offer.
- Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.
Inspection
By Appointment
Auction Information
Property Information
* Requires confirmation of Online Agreement
- Buyers Premium: NA
- Closing: Sold in As-Is condition, no contingencies.
- Deposit Amount: $15,000 deposit needs to be wired to escrow agent with sealed bid offer.
- Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.
By Appointment