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Bought with Paul P Cheng • Keller Williams Realty
$ 750,000
$ 950,000 21.1%
413-415 BURMONT RD Drexel Hill, PA 19026
5,400 SqFt
UPDATED:
Key Details
Sold Price $750,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 5,400 sqft
Price per Sqft $138
Subdivision None Available
MLS Listing ID PADE2084190
Sold Date 08/14/25
Year Built 1913
Annual Tax Amount $16,434
Tax Year 2024
Lot Dimensions 40.00 x 75.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Seize this rare opportunity to acquire a thriving, turn-key bar/restaurant business, complete with a coveted R liquor license and a portfolio of three buildings, including three apartments. This unique offering is strategically located at a high-traffic intersection, ensuring excellent visibility and customer flow.
Turn-key bar/restaurant operation. Valuable R liquor license (estimated value: $305,000). Fully equipped commercial kitchen, bar, and dining room.
Ample entertainment space featuring two pool tables. Full basements providing significant storage capacity. Three buildings included in the sale (each with an estimated value of $215,000, below market value). Three apartments on the upper levels with separate entrances and utilities. Current owner occupies one apartment and operates the business; two apartments are vacant and ready for rental income. Prime location at a busy intersection. Combined estimated square footage: 5,400 sq ft. Total 2025 Real Estate Tax: $24,991. Tax ID: 411 Burmont (16-12-00220-00) & 413-415 (16-12-00221-00). This is an exceptional opportunity for investors seeking a profitable business with significant real estate assets. The below-market value of the real estate, coupled with the high value of the R liquor license, makes this a compelling investment. The additional rental income potential from the two vacant apartments further enhances the return on investment. Pre-qualified buyers are required to submit proof of funds before scheduling a showing.
Please do not disturb employees or management at the business location. All inquiries and showings must be scheduled through the listing agent.
Location
State PA
County Delaware
Area Upper Darby Twp (10416)
Zoning C1
Interior
Hot Water Natural Gas
Heating Central, Baseboard - Hot Water
Cooling Central A/C
Heat Source Natural Gas, Electric
Exterior
Water Access N
Accessibility 36\"+ wide Halls
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Upper Darby
Others
Tax ID 16-12-00221-00
Ownership Fee Simple
SqFt Source Assessor
Security Features Surveillance Sys,Security System,Smoke Detector
Acceptable Financing Cash, Contract, Conventional, Exchange
Listing Terms Cash, Contract, Conventional, Exchange
Financing Cash,Contract,Conventional,Exchange
Special Listing Condition Standard, Third Party Approval
