Address
603 Summit Avenue Jenkintown, PA
Price
$ 1,095,000
Property Attributes
  • MLS#PAMC677234
  • TypeCommercial
  • CountyMONTGOMERY
  • CityJenkintown
  • AreaJenkintown Boro
  • Zip19046
  • StyleRestaurant/Bar
  • Year Built1900
  • Taxes$ 12393
  • Price$ 1,095,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5400
  • Lot Size4,792 SqFt
Listing Provided Courtesy Of:
RE/MAX Keystone
Data Source:
Bright MLS - 382 - MD
Property Description

Great Investment Opportunity!!! The business is NOT FOR SALE and has a 10 year lease . Well established bar/restaurant ( liquor license)business being operated in this money making property located in the heart of Jenkintown. The sale of this property also includes the 2 bedroom, 1 bath house which is in the rear along with two 1 bedroom, 1 bath apartments. Included in the sale is the commercial building consisting of the Bar/Restaurant building with a Montgomery County liquor license Also 1 house and 2 updated 2 apartments The liquor license is connected with a 10 year lease of the bar. Bar/Restaurant property has been updated and is in great shape. Main bar area seats up to 25 guests and the dining room accommodates up to 50 guests. The house and apartments have also been updated throughout and are in move-in condition. All properties are currently rented. Please do NOT speak with employees about the sale of these properties. Only Serous buyers Please . Contact listing agent for Income and expenses.

Price History
11/28/2020 Listed $1,100,000
3/24/2021 1% - $1,095,000

General Features

Accessibility None
Business Type Restaurant/Bar
Construction Materials Brick, Frame
Cool Fuel Electric
Cooling None
County MONTGOMERY
Days on Market 324
Heating None
MLS Area Jenkintown Boro (10610)
Municipality JENKINTOWN BORO
New Construction No
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 232.29
Property SubType Mixed Use
Property Type Commercial Sale
Sewer Public Sewer
Tax Annual Amount 12393.0
Tax Lot 002
Tax Year 2021
Vacation Rental Y/N No
Water Access Y/N No
Zoning MIXED USE

Interior Features

Central Air Y/N No
Heating Fuel Natural Gas Available
Hot Water Natural Gas

Exterior Features

Building Area Total 4714.00
Lot Dimensions x 0.00
Lot Size Acres 0.11
Lot Size Source Assessor
Lot Size Square Feet 4800.00
Navigable Water Y/N No
Type of Parking On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19046

Price
AVG $350K
$1.1M
Taxes
AVG $13,205
$12,393
Visits
AVG 77
169
Year Built
AVG 1928
1900
Walkscore
AVG 72
73
Data Provided by Walkscore ® not using MLS data

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