3989 Terrace St, Philadelphia, PA 19128

Property Description

This listing offers a fantastic opportunity in Manayunk for someone looking to live upstairs and run their business on the first floor, or to rent out the first floor to a commercial tenant. Situated on the corner of Shurs Ln and Terrace St, this mixed-use property boasts high visibility and was once home to the popular BYOB, Terrace Street Bistro, renowned as one of the best date night spots in Philadelphia. The first floor features a dining area accommodating 20-25 guests, along with a spacious kitchen equipped with commercial-grade appliances such as a gas range and refrigerator, as well as ample workspace, sinks, and prep areas. Additionally, there are two bathrooms located at the rear of the first floor. For storage needs, the basement provides plenty of space and additional room for refrigerators or freezers. Upstairs, accessible via a separate entrance from the rear brick patio, is a vacant two-bedroom apartment that could potentially rent for $1,400 per month. This apartment boasts an eat-in kitchen, two bedrooms, a full bathroom, a laundry closet, and a sizable living room. Located just three blocks away from the bustling Main Street in Manayunk, this property offers better street parking options while still being conveniently situated near popular amenities. It presents an ideal opportunity for a small restaurant, bagel shop, cafe, or any other commercial venture seeking a prime location with both residential and business potential.