Philadelphia, PA 19136,8419 TORRESDALE AVE
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Philadelphia, PA 19136,8419 TORRESDALE AVE
Philadelphia, PA 19136,8419 TORRESDALE AVE
Philadelphia, PA 19136,8419 TORRESDALE AVE
Philadelphia, PA 19136,8419 TORRESDALE AVE

$325,000

Est. payment /mo

$325,000

Est.Price: ?

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8419 TORRESDALE AVE Philadelphia, PA 19136

1,976 SqFt

SOLD DATE : 08/29/2024

Key Details

Sold Price $325,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 1,976 sqft

Price per Sqft $164

MLS Listing ID PAPH2311224

Sold Date 08/29/24

Originating Board BRIGHT

Year Built 1925

Annual Tax Amount $3,262

Tax Year 2022

Lot Size 4,875 Sqft

Acres 0.11

Lot Dimensions 25.00 x 195.00

Property Description

8419 Torresdale Ave presents a unique and versatile commercial mixed-use building in the heart of an vibrant community. The ground floor of this property is home to the esteemed Tate's Restaurant, a popular dining establishment known for its culinary excellence and inviting ambiance. With a prime location on Torresdale Ave, the restaurant enjoys high visibility and foot traffic, making it an ideal spot for attracting both locals and visitors. The ground floor space features a well-designed layout, combining functionality with an aesthetic appeal that enhances the overall dining experience. Tate's Restaurant boasts a welcoming entrance, stylish decor, and a spacious dining area that caters to a diverse clientele. The kitchen is equipped with modern appliances and facilities, ensuring efficiency in food preparation and service. Above the bustling restaurant lies a private 2-bedroom residential apartment, providing a cozy and comfortable living space. The apartment is thoughtfully designed with contemporary finishes, creating a warm and inviting atmosphere. Residents can enjoy the convenience of living just above the lively restaurant while maintaining a sense of privacy. This commercial mixed-use building offers a prime investment opportunity, capitalizing on the success of Tate's Restaurant and the desirability of the 2-bedroom residential unit. The property's strategic location, coupled with the dual-use design, makes it an attractive prospect for investors seeking a dynamic and income-generating asset in a thriving neighborhood. Whether you're interested in the culinary scene or looking for a mixed-use property with potential for both commercial and residential income streams, 8419 Torresdale Ave stands as a compelling and versatile real estate opportunity.

Location

State PA

County Philadelphia

Area 19136 (19136)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Ceiling Fan(s), Wall Unit

Heat Source Natural Gas

Exterior

Garage Spaces 2.0

Water Access N

Accessibility None

Total Parking Spaces 2

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871585570

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Christopher Thude • RE/MAX Access
Bought with Nigora Davis • Keller Williams Real Estate - Newtown

Nancy Gowan

Advisor | License ID: 669926

+1(858) 603-2774

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