Bring tons of exposure to your business to Fishtown. This huge 3-story commercially zoned (CMX2) property allows for a variety of different uses with the space to allow for a multitude of different businesses. Most recently occupied as the York Street Pharmacy, this commercial building has been upgraded to move your business right in. Upon entry you'll notice the exterior assistance lift along with newer steps and landing. The main level is divided by a Plexiglas wall with counter, shelving and glass door. The back section of the main level has built in shelving, an oversized bathroom, and provides access to a spacious back patio (with electronic retractable steel security door). The basement of the building is finished with ceramic tile flooring, closet and storage space, and an additional employee bathroom. The upstairs level features 2 spacious rooms (which could be converted to bedrooms, a huge full bath, and a common area (that could easily be converted into a kitchen). The 3rd floor of the building features 2 more additional rooms, both very spacious. Currently set up as 3 floors of commercial space (basement included), A wall on the main floor would give you the ability to divide the commercial space from a 3-4 bedroom apartment conversion on the two upper floors, giving you the ability to rent the two separately (or live and work in your own building). Rest easy knowing your new business comes fully equip with safety features including retractile garage doors to protect the front and rear of the home and bulletproof Plexiglas on the main floor. Located in the heart of Fishtown, this location will provide your business with tons foot and car traffic exposure while providing a good amount of parking out-front. Bring your business dreams to fruition in one of the cities hottest zip codes.
Rare opportunity to own a cash flowing property with option to further develop. Property is zoned CMX-1 with many options for the first floor use and for the entire building. A commercial space currently used as entertainment studios at front unit, it is around 1,000 sqft included a finished basement with a bathroom. In the past rented by separate tenants for commercial and residential units, there is a separate entrance to the upper residential unit around 1,700 sqft and 3 bedroom with two full bathroom in the third floor, a large living room with an open kitchen and a half bathroom in the second floor. Even during pandemic the location is busy section of Oxford Circle for a thriving business and interested residential tenants.
Motivated Seller. Submit all Offers. New construction mixed-use triplex with approved 10 year tax abatement! At approx. 4200 sq. ft., 4 story corner lot, and located in the booming Ludlow/Olde Kensington area, this property is a great investment opportunity, priced to sell. Projected rents of $2400 Unit 3, $1500 for Unit 2, and $1700 for Unit 1, over 7.5% cap rate! (Rental Pro Forma attached) This property is perfect for a business owner operating their business in the extra large bi-level commercial space downstairs, live in one of the apartments upstairs and rent the other for additional income; someone wanting to house-hack by living in one of the units and renting the other two; or an investor simply wanting to add to their portfolio a large triplex with great potential for profit! Unit 1 is a large bi-level commercial space with separate side entrance, a backyard, a large ADA restroom and a second downstairs restroom for convenience. Unit 2 is a 1 bed/1 bath apartment with open floor plan, modern energy-efficient appliances, in-unit laundry, and beautiful finishes. Unit 3 is a bi-level 3 bed/2.5 bath apartment which has a spectacular rooftop deck with 360-degree views of the city, master suite, in-unit laundry, and a bonus area that can be used as a dining are, home office space, or just as an open space for entertaining. Some spectacular features include quartz counter-top kitchens, modern appliances, laminate flooring, luxurious vanity and elegantly tiles baths, walk-in closet, fiberglass roof deck, brick facade, high ceilings, security cameras, video doorbell intercom, etc. This is a rare investment opportunity at a great value!
PRIME LOCATION! Great opportunity right across the street from Temple Hospital! Building with parking on a 7,800+/- Lot. Temple bought all the lots around this property. Current use is beer deli which has great numbers.
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 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!
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.