Commercial Bldg + 2 Apts & Liquor License

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

  • 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

Auction Info:

  • Sold
  • Property Type
    Mixed Use
  • Property Location
    5835/39 Rising Sun Avenue
    Philadelphia, PA 19120
  • Auction Location
    On-Site

Property Map



Auction Contact(s):

Oren Klein

  • Email Oren
  • W: (212) 375-1222 x703
    F: (212) 202-6267

Jeremy Sandel