228-232 South St, PHILADELPHIA, PA 19147

Not for Sale

This home is not currently listed for sale or rent on Zillow.

Zestimate: $959,684

A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more | Post this home for sale for FREE

Rent Zestimate: $2,174/mo

A Rent Zestimate® is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property.

Est. Mortgage:

Estimated Monthly Payment

($191,937)
3.572%$3,478/mo
2.694%$5,190/mo
2.327%$2,965/mo

$3,478/mo 
Description
Excellent opportunity for a bar/restaurant at a great corner location on South St (Corner of South & American). Space to be finished and fitted out and is to be leased in as is conditio. Lease space includes all of 1st floor and most of the basement (3,200 sq ft total). Liquor license included in lease (license not for sale). 1st floor has 2,000 sqaure feet to set up seating area and kitchen. Drywall work completed. All rough and some finish electric completed. All rough plumbing completed. Sprinkler system completed. Alarm system. Corner location that would be great for cafe seating. Busy South St location. Leased basement space is about 1,200 sqaure feet which can be used for food prep and storage. TRIPLE NET LEASE Expenses include $667 (Property Taxes) $584 (Insurance) $150 (Center City District Charge) $TBD (Use & Occupancy Tax) Tenant also pays for seperate gas, electric, water, and trash removal Landlord looking for a 5 year lease with option to purchase at $3,000,000More Less
    • CoolingUnknown
    • ParkingUnknown
    • Basement TypeUnknown
    • FireplaceUnknown
    • Floor CoveringUnknown
    • AtticUnknown
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Zestimates
 ValueRange30-day change $/sqftLast updated
Zestimate What's this?
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A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$959,684$633K – $1.44M-$6,526$29905/19/2013
Rent Zestimate What's this?
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$2,174/mo$1.2K – $3.5K/mo-$4$0.6805/20/2013
Owner Estimate

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Market Guide
Zillow predicts 19147 home values will increase 4.4% next year, compared to a 0.3% rise for Philadelphia as a whole. Among 19147 homes, this home is valued 225.1% more than the midpoint (median) home, and is valued 31.1% more per square foot.

Learn more about forecast calculations or 19147 home values.
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Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005
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Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

Email successfully sent!Submission failed!

Next: Find out what you can afford on Zillow Mortgage Marketplace.

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