599 Summit StKing of Prussia, PA 19406

For Sale
$330,000

Turn-key restaurant, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional mixed-use property, located at 599 Summit Street in King of Prussia, Pennsylvania, presents a unique investment opportunity. The 2,280 square foot, two-story building, constructed in 1900, sits on a 5,515 square foot lot and is zoned VC. Currently vacant since May 1, 2023, this property offers a turnkey restaurant space with all furniture, fixtures, and equipment included. The building features a full walk-out basement, gas radiant heat, and separate meters for the first and second floors. The second floor comprises a residential apartment, adding to the property's versatility. Exterior features include a one-vehicle carport and a shed. The property's corner location provides excellent visibility and accessibility. Annual property taxes are $2,471. The asking price is $330,000, translating to $144.74 per square foot. This is an owner/user investment opportunity in a desirable King of Prussia location, offering immediate potential for a new business or continued operation of a restaurant. The property consists of two units within a single building.

Highlights

  • $330,000 asking price for this mixed-use, retail property.
  • 2,280 square feet, located in King of Prussia, PA.
  • Vacant, available May 1, 2023.
  • Features two units: a ground floor restaurant/ storefront and a second-floor apartment.
  • Includes all furniture, fixtures, and equipment.
  • Situated on a 5,515 square foot lot, zoned VC.

Property Details for 599 Summit St

Property type
Other retail properties, Individual retail properties
Square Feet
2,280 SF
Class
C
Year Built
1900
Buildings
1
Stories
2
Units
2

Location Insight

City
King of Prussia
County
Montgomery
State
Pennsylvania
Latitude
40.086343310297
Longitude
-75.33030392106
599 Summit St, King of Prussia, Pennsylvania

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599 Summit St
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