Philadelphia, PA 19147,947 FEDERAL ST
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Philadelphia, PA 19147,947 FEDERAL ST
Philadelphia, PA 19147,947 FEDERAL ST
Philadelphia, PA 19147,947 FEDERAL ST
Philadelphia, PA 19147,947 FEDERAL ST

$500,000

Est. payment /mo

$539,000

7.2%
Est.Price: ?

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947 FEDERAL ST Philadelphia, PA 19147

963 SqFt

SOLD DATE : 06/05/2023

Key Details

Sold Price $500,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 963 sqft

Price per Sqft $519

Subdivision Bella Vista

MLS Listing ID PAPH2208584

Sold Date 06/05/23

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $4,613

Tax Year 2023

Lot Size 963 Sqft

Acres 0.02

Lot Dimensions 18.00 x 54.00

Property Description

Looking for an exciting investment opportunity in the heart of one of Philadelphia's most vibrant neighborhoods? Look no further than 947 Federal St!

Located in the highly desirable Bella Vista neighborhood, this commercial property is presently home to the long-standing and successful Bitar's restaurant (business not for sale). With a prime location facing Capitolo Park and just one block from 9th St market, Pat's & Geno's Steaks, Insomnia Cookies, and Slice Pizza, this property offers a fantastic opportunity for restaurant and residential development above.

Featuring ample space for a restaurant, with potential for outdoor seating and prime exposure to foot traffic, the property also offers the possibility for residential development on the upper floors. With the high demand for both residential and commercial properties in the area, this is an ideal investment for those looking to tap into the thriving Bella Vista market.

Don't miss your chance to own a piece of one of Philadelphia's hottest neighborhoods – schedule your showing at 947 Federal St today!

Location

State PA

County Philadelphia

Area 19147 (19147)

Zoning RSA5

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Multi Units

Heat Source Natural Gas

Exterior

Utilities Available Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Water Access N

View Park/Greenbelt, Street

Accessibility Ramp - Main Level

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

High Schools Horace Furness

School District The School District Of Philadelphia

Others

Tax ID 882933136

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, Negotiable

Listing Terms Cash, Conventional, Negotiable

Financing Cash,Conventional,Negotiable

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by John Cannizzaro • Bella Vista Real Estate
Bought with Marc A Hammarberg • BHHS Fox & Roach At the Harper, Rittenhouse Square

Kerry O'Hara

Advisor | License ID: 651712

+1(410) 507-0834

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