3-5 N Christopher Columbus blvd - Restaurant CONDO FOR SALE


Philadelphia, PA 19106- Old City
$4,500,000 USD
3-5 N Christopher Columbus blvd, Philadelphia, PA for Sale
$4,500,000 USD
Restaurant CONDO - FOR SALE
1/31
null | Request Cap Rate

3-5 N Christopher Columbus blvd
Philadelphia, PA 19106
Old City


OVERVIEW

Welcome to 3-5 North Columbus Boulevard, a prestigious waterfront property in the heart of Philadelphia, previously known as the renowned restaurant "La Veranda". This exceptional establishment is surrounded by a thriving development scene, making it an ideal investment opportunity. As you step inside, you'll be greeted by the grandeur of an opulent mahogany wood bar, accompanied by a valet service and a spacious coat room adorned with ceramic floors and sparkling crystal chandeliers. The dining area seamlessly extends to an inviting exterior seating area and a yacht pier, offering a unique and picturesque dining experience. An additional VIP dining hall awaits you, previously utilized for banquets, complete with a private luxurious bar, private bathrooms, and outdoor seating overlooking the serene river. Upstairs, you'll discover a captivating space featuring floor-to-ceiling translucent glass doors, elegant marble flooring, and another private "modern" bar, accompanied by two private bathrooms. This landmark property boasts approximately 9,000 square feet of versatile indoor and outdoor space, presenting endless possibilities for future endeavors. The building encompasses various areas, including: - A spacious "Main Dining" area spanning 2,467 square feet, complemented by the presence of the Main Bar. - Two "Private Dining Rooms" and a bar, occupying a total of 1,472 square feet. - An exquisite upstairs "Dining Room" spanning 1,414 square feet, offering panoramic views through its floor-to-ceiling windows and doors. This area also features an accompanying bar. - Throughout the property, you'll find ample outdoor space, providing additional opportunities for creative utilization, with the exception of the substantial fully-stocked kitchen (1286 square feet), which includes three walk-in freezers and a convenient loading dock door for deliveries. The sale of this property includes several attractive features such as one parking space in the attached garage of Pier 3, a coveted liquor license, and all existing kitchen equipment. Detailed plans are available for review, and the zoning allowance will be determined by the buyer's agent. Don't miss this chance to own a piece of Philadelphia's history and unlock the immense potential of this remarkable property. Schedule a viewing today to explore the possibilities that await you at 3-5 North Columbus Boulevard. *Owner Financing available for Qualified Individuals*

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$500 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

La Veranda

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

9,000 SF

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.66 AC

LAND SF

72,463 SF

ZONING

CMX2

APN/PARCEL ID

882020080,888061000,888061004,888061008,888061040,888061086

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