Francisville mixed use restaurant/bar with apartments!

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Francisville mixed use restaurant/bar with apartments!

8 October, 2018
  • 2675 Sq Ft
  • 1 Beds
  • 4 Baths
  • Unfurnish
  • NoMortgage
Unique peninsula/corner mixed use restaurant/retail property with two apartments. Strategically located on a 5 street intersection, you can not plant a better retail flag in the heart of Francisville! Actual address is 1839-43 Poplar Street a.k.a Gin and Pop Grill/Bar. This 38 seat restaurant/bar was thoroughly renovated 2016-2017 with top of the line trade fixtures and equipment. Outside seating area can accommodate 45+ seats (see plan in documents), inside is approved for live entertainment. Main level features approximately 1200 square feet and is currently occupied by restaurant furnished with 2 bathrooms (one ADA compliant), multiple entries and a kitchen area. Basement provides ample storage for commercial use, all newer mechanicals and a walk in refrigerator boz. 2nd floor features 2 apartments. One Studio with a small deck and a large 1 bed 1 bath apartment. Both units have been recently renovated to include updated kitchen, bathrooms, plumbing and electric, studio apartment could use a quick refreshing to get top dollar. Neighborhood is well established and is still exploding with growth! CMX-2 Zoning provides possible right to build additional floors or add roof decks to property. Note this is an asset sale only.. Real Estate, FFE & PA liquor license are included and will not be sold separately. The business goodwill is not represented but is included. The current operator may consider moving forward with the restaurant operations if parties can come to terms. This is a super location and a grand opportunity for an owner operator or absentee investor who is looking for additional passive rental income.
See link for original Inquirer write up from Gin and Pop opening on 10-7-17 –     http://www2.philly.com/philly/blogs/the-insider/gin-pop-new-pub-for-a-francisville-corner-20171006.html

 

 


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Jonathan Tori

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