Location! Most desirable destination in South Philly, at the corner of Oregon Ave and Iseminger St. This is a mixed-used property with a commercial tenant occupied for $1050/m and being leased for 5 years since 2017; & 2 bedroom apartment on the 2nd floor being occupied by a long term tenant paying $1150/m, rent will increase to $1350/m in 2021. Central Air, all separate utilities except water. Conveniently, located in close proximity to all Bridges, International Airport, Sports Complex, University City, Center City, Shopping, dining, and All the city has to offer. Walk Score: 92, Transit Score: 79, Bike Score: 85. Moments to BSL ATT Station to Fern Rock TC at the Oregon Station - BSL stop.
Excellent mixed-use offering and income/upside potential in a great south Philly location, with a first-floor retail establishment and 2 beautiful apartments on the second floor! Recently completely renovated, this corner property is situated in a fast-growing neighborhood and is very desirable for both commercial and residential use. The building offers a double storefront to attract attention and foot traffic for any business occupying the ground floor, as well as several convenient parking spaces right in front. Second-floor apartments are spacious and well-appointed with hardwood floors, upscale finishes, even outdoor space. One is a 2-bedroom unit and the other a 1-bedroom, both poised to generate optimal market-rate monthly rent. This along with a commercial lease for the store affords you substantial income! The prime address is in the heart of lots of attractions and activities, near Rt. 76, the train, shopping and more. Come check it out, youâll love the possibilities!
912-22 E Locust Avenue -- COMMERCIAL PROPERTY -- 9,100 +/-SF Building Area -- .50 Acre Lot Size -- Located in the Germantown Section of Philadelphia -- CMX 2 Zoning -- Previously used as apartment/boarding house -- Shell condition -- Convenient access to 611 (North Broad St)
Qualified Opportunity Zone (QOZ) shovel-ready multifamily development site FOR SALE in University City, Philadelphia. Located in the fastest growing sector of Philly, this prime corner parcel is fully entitled to construct 15 apartments atop ground floor commercial space on the bustling Lancaster Avenue commercial corridor on the Drexel side of Ucity. Millions of SF and billions of dollars in new development underway in the district including Schuylkill Yards, Science Center, University Place 3.0. This is one of the most concentrated innovation districts in the United States with national leading employment centers and higher learning institutions. All plans and permits include with sale. Site demolition will be finished by February 2021 at latest. 10 year tax abatement included; this will be one of the last developments to secure the full 10 year abatement in Philly before the program is decreased. Enquire within for pro forma financials, plans, permits (PPP) + MAKE YOUR MOVE!
"Package Deal" Investment opportunity. The owner is selling both units D and E. There are 7 parking spots in front of the building. The owner also built an extension at the back to make the first-floor commercial space larger (estimated 2,300 sf). One 2 bedroom apartment on each side currently being rented for $750 (long term tenant) and $800., combined first-floor commercial space, estimated rent is $1800. It was used in the doctor's office before. Gross rent $ 40,200 per year.
The building is in an excellent Old City location with high volume drive-by exposure. The owner/developer completely restored this historic property into four condominium units. After selling the three residential units above, the owner retained the 2,700 SF first-floor and lower-level commercial condo as an investment. The condominium unit has high ceilings and open space with a fully fit out lower-level space with its own entrance. The unit has been occupied for 12 years by Teknika, an interior design firm. Now, 225 Race Street commercial condo #100 is for sale delivered free of a tenant and ready to occupy. Also available is one parking space at the Parkominium one block east which can be purchased or negotiated into the deal.
Great location! Looking for an investor or a builder to give this property a fresh start. The property is in need of work with approved plans for renovation for use as five (5) family dwellings and commercial space. All inside demolition was done and ready for remodeling. Property sold "AS-IS" condition.
Great opportunity to own a multi use corner property in Northeast Philadelphia. The lower level is currently equipped with 4 dental treatment rooms. Turn key and ready for a new dentist . The second and third levels have potential for additional rental income. Basement has dental mechanicals (vacuum and compressor for easy servicing ) , doors for walk up access and separate gas meters . The electric service included dual - 200 Amp service
This is your chance to own an amazing income generating property, store front is currently rented out with loyal tenants, upstairs you will find two spacious newly renovated units! first floor consists of 1 bedroom 1 bath, second floor is 2 bedrooms 1/1 baths! Don't miss your chance to live in one unit and rent out the rest!
Rare opportunity to own the building that housed a Philadelphia trademark business. This building was a family-owned jewelry store for 75 years. While the business is closing at the end of the year, the goodwill is still there. Located on Synder Avenue, steps off of Broad Street, in South Philadelphia. Bus and subway stops conveniently located on the corner. Loads of foot traffic. Building is zoned Y50, office/store, 3 stories. This is an "As Is" sale. Buyer should perform their due diligence before making an offer. Buyer will obtain an U&O. Please do not approach store personnel. Direct any questions to listing agent.
Investor Alert!! Come see this 7 unit Cash Cow in up and coming Germantown. Legally zoned for 7 studios there are currently 6 leased units, with room to grow with one unit in need of renovation. The monthly rent roll is currently roughly $4,000/mo. with operating expenses of about $700.mo., for a 6.6 % cap rate. Leases available upon request. Great location, walking distance to Queen Lane Train Station, Kelly Drive, Drexel Medical School & Jefferson University. Come schedule your showing today, Seller Motivated and will consider all serious offers. This is an "as-is" sale. Don?t miss out on this one!
1906-12 N 6th Street is located in Qualified Opportunity Zone in the Kensington section of Philadelphia, the existing 20,020 SF four-story warehouse is ideal for redevelopment. The building currently has windows on three sides of the property, which makes the site ideal for apartment conversion. Per the seller, there is an easement for all window lines.
In real estate, location is key! This is the perfect opportunity for a smart business owner who wants to stop renting office space and would like to become their own landlord. Take advantage of the tax law and pay yourself rent! This is also the best option for an investor looking for cash flow and real estate appreciation. The property is located in the desirable neighborhood of Fox Chase, a three minute drive to Rhawnhurst, and 5 minutes to an upcoming police station headquarters. The property has a gorgeous colonial style and impressive entrance with appealing landscape that can get anyone's attention! In addition, the property has back parking space for up to 5 cars, plus a detached garage for 2 cars. Next to the garage you will find a gorgeous space with grass and trees for the perfect BBQ during the summer. The central air was installed recently, the water tanks are around 8 years old but well maintained, and the roof was installed in 2009 - not to mention all certificates were obtained from the city! It is a golden opportunity as the property has two apartments on the second floor and each unit has one bedroom and the kitchens have brand new cabinets. The long term tenants are paying on a monthly basis and one of them is leaving by the end of November. Currently the front apartment is $625/mo and the back apartment is $500/mo; rents do not include utilities. For investors familiar with the area, the rent is low and it could easily be increased. The rent could go between $800 to $1,100 per month. The first level has three office spaces, one full bathroom, a hallway for the receptionist and the waiting room for clients. In addition, the basement is pretty big and is perfect for storage space! This property will be sold in "as-is" conditions.
This commercial space is over 3000 square feet with a parking lot - 550 E Tulpehocken . This building is suitable for any commercial business. equipped with heating and air conditioning. Being sold as is. There are underground storage tanks on the property, buyer must due their due diligence for any and all inspections.
Attention Builders, Developers, and Investors welcome to this rare opportunity featured in the heart of Fishtown. CMX-2 zoned property means endless possibilities. Youâll love the large open space, hardwood floors throughout and reclaimed steel windows that give this light and airy space an amazing loft/industrial feel. Additional features include 2 zone ductless heating/cooling systems. Don't miss this opportunity in a prime location with a walking score of 93, and featured on desirable Front St with views of the Harbisons Dairy Milk Bottle. Can be sold as a package deal with adjacent double wide land/lot 2105-7 N Front St MLS# PAPH945484.
13,500 sqft CMX2 land lot demoed and ready to break ground. Architectural drawings for a 43 unit and commercial space development (Please find plans attached). Lot runs from Pine Street to Osage Ave. New construction on the same street with local transportation a doorstep away. Contact the listing agent for additional information, all offers will be presented.
Attention Builders, Developers, and Investors Welcome to the True Heart of Fishtown - Rare Opportunity is calling, and it could be yours! Large CMX-2 zoned property on 40 X 74 Lot, around the corner of Earl Street and E. Girard Ave., This 1 ½ story 2,942 sq. ft. building with a garage is currently being used as a warehouse, office, and residence by the family members of the owners and to be delivered vacant. With variance, you can achieve the properties highest and best use by getting approval for up to 8 Large condominiums or up to 16 rental apartments. For Scope of Development and Opportunity, check out some of the recently approved and completed new constructions within 3 blocks of this site on E. Palmer Street,; E. Columbia Ave. and E. Girard Ave., Call to schedule an appointment today! Bring your contractor and Architect with you.
3525 Kensington Ave is a Great Investment with 3 units and a potential of $2570 plus per month or Collect the $1,570 a month rent and Run your own business in the currently unoccupied First Floor of this CMX-2 Zoned property with super low taxes of $712 for all of 2020. First floor of this Mixed Use Property features a Commercial Storefront that is ready to Lease out and has a New HVAC system , New Front Window and Doors for the Business and Apt have been installed as well as Security Doors. It was last rented under current market rents at $1,000 a month. Second Floor features 2 Remodeled Gems: -Apartment #1: A 550 Sq ft , 1 Bedroom 1 Bath Jr. Unit that is currently being rented for $770 per month and has New Grey Cabinets, Granite Counters in the Remodeled Kitchen with Stainless and Black Appliances, a New Bath and Central Air. -Apartment #2: A 600 Sq ft , 1 Bedroom 1 Bath Jr. Unit that is currently being rented for $800 per month and has New Grey Cabinets, Granite Counters in the Remodeled Kitchen with Stainless and Black Appliances, a New Bath and Central Air. This is a Great Investment Opportunity to get your money out of the Stock Mkt or Diversify. It would make the right Business owner a great location for their own business to keep a low overhead, Is that you?. Ask about our other Investment Opportunities!
3115 Kensington Ave is a Great Investment with 4 units and a potenital of $2750+ per month or you can choose not to Lease the Commercial Unit, Collect the $2,000 a month in rent on the other units and Run Your Own Business on the First Floor of this CMX-2 Zoned property with Property taxes that were only $816 for all of 2020. First floor of this Mixed Use Property features a 1,236 Sq ft Commercial Storefront that is ready to Lease out and features a New HVAC system , Exposed Brick Look ,New Front Window and Doors for the Business and Apt installed and so much more. Currently Vacant but is expected to be rented for $650 to $850 per month by the new Owners depending on fit out. The Property has 3 Rental Units above the first floor including : -Apartment #1: A 550 Sq ft 1 Bedroom Unit. Currently Vacant but is expected to be rented for $600 per month by the new Owners. -Apartment #2: A 420 Sq ft Studio Unit with a Grey Cabinet and Granite Countered Kitchen and Bath Currently Vacant but is expected to be rented for $600 per month by the new Owners. -Apartment # 3: A Nice 450 Sq ft 1 Bedroom Jr Unit Currently rented for$700 per month This is a Great Investment Opportunity to get your money out of the Stock Market or Diversify. It could save a Business owner a lot by using this great location to keep a low overhead while renting the units above. Looking For Even More? Ask about our other Investment Opportunities!
This Amazing Updated Corner, Mixed Use Property is a Combined Property of 3415 Kensington Ave which is a 2 story Building and 3417 Kensington Ave which is a 3 story Building AKA 3415-17 Kensington Ave. The Asking Price for both of these remodeled CMX-2 buildings which are Totaling over 5,260 Interior Square Feet is only $478,000. The combined property taxes for 2020 were only $2,200 . All Units are Fully Leased Out for a Combined Rent Roll of $4,863.66 Per Month / $58,000+ PER YEAR and with this property you have potential for more income as some units are rented under the current market rent levels. The Five Upgraded Units are: - 1st Floor Commercial Unit: A 2,000 Sq ft Unit Encompassing the 1st Floor of Both Addresses with New Roof, New Windows, New Electric, New Plumbing, New HVACs and More including a Ramp for Access to the Building. That unit is Currently Leased for $1,666.66 Per Month. Ist Floor Tenant was given a lease agreement where the payments start at a later date. The Properties also have 4 Rental Units above the first floor including : -Unit 1: A 800 Sq ft Remodeled 1 Bedroom with Attractive Grey Cabinets and Granite Countertop Kitchen and New Bath Currently rented for $850 per month. -Unit 2: A 700 Sq ft Remodeled 1 Bedroom with with Attractive Grey Cabinets and Granite Countertop Kitchen and New Bath Currently rented for $775 per month. -Unit 3: A Nice 700 Sq ft 1 Bedroom Currently rented under market rents at $670 per month. -Unit 4 : Largest of the Apartments with 1,080 Sq ft and 3 Bedrooms and 2 Baths and Currently rented under market rent levels at $902 per month. Invest in this with multiple rented units to save time, money and effort. Call Today!