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Lisa Bensel

lisa.bensel@gmail.com +1(267) 257-8718

Listed by Nigora Davis • Keller Williams Real Estate - Newtown

$ 850,000

Est. payment | -/mo

1,742 Sqft Lot

Save

$ 850,000

Est. payment | -/mo

Save

1,742 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2679478

Year Built 1925

Annual Tax Amount $3,033

Tax Year 2026

Lot Size 1,742 Sqft

Acres 0.04

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

This mixed use property 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. Buyer and or Agent to please verify sq. footage.

Location

State PA

County Philadelphia

Area 19136 (19136)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Central, Forced Air

Cooling Central A/C

Inclusions All appliances and equipment

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871585570

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(267) 257-8718

lisa.bensel@gmail.com

Philadelphia, PA

Learn More About LPT Realty

8419 TORRESDALE AVE Philadelphia, PA 19136