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Off market
  • $719,700

    1700 Fairmount Ave, Philadelphia, PA 19130

    1beds
    2,580sqft
    MultiFamily
    Built in 1940
    -- sqft lot
    $719,700 Zestimate®
    $279/sqft
    $1,613 Estimated rent

    Home value

    $719,700

    $641,000 - $813,000

    $1,613/mo

    Zestimate® history
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    $4,442/mo

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    $4,442/mo

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    What's special

    Don't pass up this opportunity to make this charming corner lot your next business opportunity. Built-in 1940, this building was completely gutted and renovated in 2001 shortly after it's previous owner's established Mr. Jay's Place in 1999. This bar features 2 stories of bar space as well as a basement used for inventory and a 3rd-floor apartment. This bar is contemporary while still maintaining a cozy historic feel as the first floor opens to a long wood bar with retro bar stools and a rear pool table area. There are 2 large and modern renovated bathrooms as well as a spacious seating area for in-house dining. The 2nd floor provides an additional dine-in seating area and a DJ booth with 2 additional renovated bathrooms. The apartment on the third floor is a beautiful open concept 1 bedroom, 1 bathroom apartment with wood floors and lots of natural light. This could function perfectly as an owner/manager suite. With proper permits and a variance, you could add a kitchen and additional dining area. There are 3 electric meters. This is an amazing opportunity to be apart of a growing community and a well-loved small business. Mr. Jay's Place has a lot of history, the bar has been around since 1940 in varying iterations. Originally, it was an Irish Tavern called McKean's Tavern, then in 1965 it was Grand Prix Bar, and then in 1999, it became Mr. Jay's Place (Aka Jay's 17th spot by the locals). Mr. Jay's story: Way back in 1999, this family-owned neighborhood bar business was established by Jay Guzman & Family, who are longtime residents of Fairmount and Spring Garden street since 1955. This shot-and-beer joint near 17th Street and Fairmount Avenue is a notable landmark because it's the same spot where American drunkard author and poet Charles Bukowski used to spend his time while living in Philadelphia in the mid-forties. It also served as the inspiration for the Golden Horn, the fictional bar at the center of the Bukowski-penned semi-autobiographical film Barfly. With a gaggle of new bars and restaurants sprouting up in the Fairmount neighborhood in recent months, right now seems like it's as good of a time to visit Mr. Jay's Place. All are welcomed here!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Forced air, Electric, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Freezer, Garbage disposal, Microwave, Refrigerator, Trash compactor, Washer
    Features
    • Flooring: Tile, Hardwood
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,580 sqft

    Property

    Parking
    • Parking features: On-street
    Accessibility
    • Accessibility features: Accessible Approach with Ramp, 2+ Access Exits
    Features
    • Exterior features: Brick
    • Has view: Yes
    • View description: City
    Lot
    • Size: 1,320 sqft
    Details
    • Parcel number: 152121600
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1940

    Community & neighborhood

    Location
    • Region: Philadelphia

    HOA & financial

    Other financial information
    • Total actual rent: 16800

    Other

    Other facts
    • Heating: Electric
    • HeatingYN: true
    • SpecialListingConditions: Standard
    • CurrentUse: Residential, mixed, Beer/Wine/Liquor, Food & Beverage
    • ConstructionMaterials: Masonry
    • View: Water
    • AccessibilityFeatures: Accessible Approach with Ramp, 2+ Access Exits
    • TotalActualRent: 16800.00

    Price history

    DateEventPrice
    3/25/2022Sold$600,000-33.3%$233/sqft
    Source: Public Record Report a problem
    6/19/2019Listing removed$900,000$349/sqft
    Source: Keller Williams Philadelphia #PAPH509272 Report a problem
    6/4/2019Listed for sale$900,000+0.1%$349/sqft
    Source: Keller Williams Philadelphia #PAPH509272 Report a problem
    5/25/2016Listing removed$899,000$348/sqft
    Source: Berkshire Hathaway Home Services Fox & Roach Realtors Report a problem
    5/6/2016Listed for sale$899,000+3496%$348/sqft
    Source: Berkshire Hathaway Home Services Fox & Roach Realtors Report a problem
    5/24/2001Sold$25,000$10/sqft
    Source: Public Record Report a problem
    7/27/2000Sold$25,000$10/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,368 $383,500
    2024$5,368 $383,500
    2023$5,368 $383,500
    2022$5,368 --
    2021$5,368 --
    2018$5,368 --
    2017$5,368 -85.7%--
    2016$37,472 --
    2015$37,472 --
    2014$37,472 $383,500

    Find assessor info on the county website

    Neighborhood: Spring Garden

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $719,700
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    Estimated market value
    $719,700