Here is your opportunity to buy a garage in a great location! There is a ton of new construction going up in the vicinity and this could be a great opportunity to use as the current garage, demo and build or buy and hold. The lot size is 17.00 x 65.00 (assessor). Presently zoned RM1-Residential Multi-Family. The parcel next door at 2504 N. 2nd Street is also being sold by the same owners; buy both and have twice the land! Buyer should do their due diligence to confirm all measurements and square footage.
Prime Redevelopment Opportunity in West Philadelphia's Walnut Street Corridor Unlock the potential of this expansive corner commercial property located in the heart of West Philadelphia's Walnut Street corridor. As a Qualified Opportunity Zone (QOZ), this redevelopment gem offers savvy investors the chance to realize significant capital gains tax benefits while reshaping a prominent corner in the community. Currently zoned CMX2 with a 38' height restriction, this property invites developers to reimagine its potential. Explore the possibilities of rezoning to CMX2.5 for an increased height of 55', providing added versatility in design and functionality. Whether adding extra levels or constructing an entirely new mixed-use facility, the canvas is yours to craft. Capitalizing on eight 24" full-span ironwork girders, developers can elevate their projects with bonus height and density. A mixed-income housing plan not only enhances the property's appeal but also aligns with the community's needs, offering a compelling canvas for innovation in residential or business development. Tailor the property to suit your preferred development model. Whether envisioning a mixed-use residential facility, food, and beverage retail sales, storage facility, food service-catering-commissary, day care center, learning center, or community center, the possibilities are vast. Benefit from solid local traffic counts, excellent public transportation options, and easy access to Univ City and Center City. The property's strategic location enhances its appeal for a wide range of potential uses. This development opportunity not only resides in a Qualified Opportunity Zone but is also eligible for a Philadelphia Tax Abatement and falls within a zone designated for New Market Tax Credit (NMTC). Investors can leverage these incentives to maximize returns and contribute to the growth of the community. Review the property details, plan view, and photos at your convenience. Drive by for a firsthand look, and then connect with us for more information. Qualified buyers and serious interests are invited to express their interest. This motivated seller encourages you to seize this unique opportunity. Contact us today and bring your vision to life!
19,609 +/- SF industrial property that sits on a 29,250 +/- SF corner lot. Zoned I-2 the property presents a great opportunity for a warehouse/ industrial user or investor. The current owner has operated an auto repair shop in the property for over 20 years, making this an ideal situation for auto repair and related businesses. Located in Southwest Philadelphia in close proximity to Grays Ferry, the site has easy access to I-76, University City, and South Philadelphia. There are two tenants currently occupying a portion of the site. Both are on month to month leases. The majority of the building will be delivered vacant.
Large Mixed-Use corner property. Currently setup for commercial on the ground level with a 1-bedroom apartment above. Currently rented as a salon on the first floor with a long term tenant currently paying $950/month and the second floor tenant pays $800/month (PHA tenant). Great location for an investment property with good standing tenants, paying tenants. Close to shopping, public transportation, schools, churches, restaurants and much more. Property underwent a light cosmetic rehab in 2019. Property is being sold "As Is". The buyer is responsible for U&O. Gas and electric are separated, landlord pays water.
Hope Street Quarters: Newly constructed boutique 5-unit apartment building for sale in East Kensington with a highly attractive 6.4% cap rate. This prime Philadelphia multifamily real estate offering is offered below replacement costs (the combined price of land acquisition + construction). Dramatic curb appeal, multiple entrances for each apartment (inside and outside) plus a sweeping 880 SF rooftop terrace for common outdoor entertaining and panoramic Philly skyline views. UNITS: Each of the 2bd x 2ba apartments is contained on its own floor (from lower level through the 4th storey) with ±1425 SF of spacious, open concept floorplans. LOCATION: Walkable to Fishtown, Philly's most popular area + Huntingdon Station on Septa's Market-Frankford El train which takes riders into Center City and University City in just over 20 minutes. FULL 10 yr tax abatement, minimal expenditures, high rent growth/appreciation forecast for years to come...
Business for sale only not the property. Monthly rent is $1000.00 for the shop.
Turnkey Investment Opportunity: Remodeled Mixed-Use Property with Tenants. Attention investors seeking a lucrative addition to their portfolio! We present a rare opportunity to acquire a professionally renovated, mixed-use property in the heart of Philadelphia's thriving Germantown neighborhood. Zoned CMX 2.5 for Commercial/Mixed Use, this property offers a unique blend of modern amenities with tenants, ensuring immediate cash flow and long-term appreciation. Professionally renovated with modern taste and attention to detail, New windows, bathrooms, and brand-new central air system throughout. Consists of 2 units plus a full basement with high ceilings, offering versatile space 1 storefront currently operating as a daycare business, and 1 apartment unit Tenants in place, providing immediate cash flow. Prime location surrounded by renowned educational institutions, including LaSalle University, Drexel University College of Medicine, and Thomas Jefferson University East Falls Campus. Don't miss this chance to secure a high-yielding, cash-flowing property in a desirable neighborhood. Contact us today to schedule a viewing and take the first step towards building a robust and diversified investment portfolio.
Imagine owning a slice of West Philly with endless possibilities! This three-story, three-unit mixed-use property is back on the market and ready for a new owner. On the ground floor, you'll find a versatile commercial space currently functioning as a cold-food prep area or commissary. If your vision includes sizzling hot meals, don't worry! With a zoning change application, you can transform this space into a bustling restaurant. The storefront boasts commercial sinks and some equipment that could be included in the sale, giving you a head start. A convenient loading zone outside (from 6 am to 9 pm) takes care of deliveries, while a private fenced-in backyard provides off-street parking â a huge perk in the city. Head upstairs to discover two residential units, each with its own charm. The second floor offers a spacious apartment with a large living room, a full kitchen, and two generously sized bedrooms â perfect for a small family or a group of friends. Up on the third floor, a large efficiency apartment with a separate kitchen provides a cozy haven for a single person or couple. Both units are currently occupied by month-to-month tenants, offering immediate income potential. Managing the property is a breeze â separate electricity meters ensure individual billing, and just one water heater serves the first and third floors (with a dedicated one for the second floor). Plus, the landlord takes care of the heat, simplifying maintenance. The location is great. A short walk brings you to the Market-Frankford El train, offering easy access to Center City, City Ave, Delaware County, and beyond. Schools, highways, and shopping are all conveniently nearby. This property is bursting with potential, whether you're a seasoned investor or a first-time owner looking for a unique opportunity. Don't miss out on your chance to own this versatile property in a vibrant West Philly neighborhood. Schedule your showing today with at least 24 hours' notice, and get ready to write the next chapter for this exciting property! (Please note: property and equipment sold AS-IS.)
GREAT INVESTMENT!!!!!! This beautiful property, features a commercial space on the 1st floor with 2 one bedroom apartments on the 2nd fl. Close to transportation and Roosevelt Blvd. plenty of stores for shopping. Previously used as a daycare/ home health care facility. This property is being sold in "{As Is )" condition.
Welcome to an exceptional investment opportunity situated in the heart of Germantown Ave, Philadelphia! This distinguished property, zoned as CMX2, offers a blend of commercial and residential space, presenting an enticing prospect for savvy investors and developers. Nestled in the vibrant hub of Germantown Ave, this property enjoys high visibility and foot traffic, contributing to its commercial potential.The first floor boasts a long-term tenant occupying a well-established barbershop. With over 15 years of occupancy, this steady income source generates $1,050 per month, showcasing stability and reliability.The upper levels feature a bi-level apartment spanning the second and third floors. This versatile space comprises 3 bedrooms, a comfortable living area, an eat-in kitchen, and a full bathroom. Ideal for potential renters seeking a spacious and accommodating living arrangement in a bustling neighborhood.While the property may require some refurbishment and updates, it presents an exceptional investment opportunity. With the right vision and improvements, this property has the potential to increase its value significantly.Whether you're an investor looking to hold and generate steady rental income from the existing setup or a developer keen on rehabilitating and flipping the property for a substantial profit, this versatile space caters to various investment strategies.Located in a lively neighborhood with diverse businesses, restaurants, and amenities nearby, ensuring convenience and attraction for both commercial and residential occupants.The CMX2 zoning allows for a range of commercial uses, encouraging flexibility and diverse business opportunities for potential buyers. With its proximity to Germantown Ave, an area experiencing revitalization and growth, this property holds the promise of increased value over time.This property invites those with a discerning eye for real estate opportunities. Whether you aim to enhance its current offerings or reimagine its potential, the possibilities here are vast.Seize this chance to invest in a property with an established income stream, residential potential, and significant upside. Contact us today to explore this captivating opportunity on Germantown Ave and embark on a rewarding real estate venture!
PRICE REDUCTION! Philly Home Advisors proudly presents the Nautilus, an avant-garde 15-unit apartment complex that sets a new standard for urban living in University City. This cutting-edge construction features expansive units, upscale finishes, and unparalleled views. In response to evolving market trends, the Nautilus stays ahead of the curve by offering 11 highly sought-after, spacious 2-bedroom, 2-bath apartmentsâthe current pinnacle of desirabilityâalongside 4 expansive 3-bedroom, 3-bathroom residences. Step into each unit and experience the welcoming embrace of open floor plans. These generously proportioned interiors boast top-tier finishes, from designer fixtures to state-of-the-art appliances. The open-concept layout maximizes natural light, cultivating a warm and inviting ambiance. Modern kitchens, equipped with premium appliances, complement chic bathrooms, and ample storage space, establishing a new benchmark for residents in the area. The roof deck, with its panoramic city skyline backdrop, serves as an idyllic setting for socializing, entertaining, or simply unwinding. Conveniently positioned within walking distance of prestigious institutions such as the University of Pennsylvania and Drexel University, as well as iconic landmarks like the Art Museum and 30th Street Station, the Nautilus offers easy access to local highways. Boasting a 10-year tax abatement and situated in an opportunity zone, this 15-unit gem facilitates a seamless tenant acquisition process. To sweeten the deal, the seller includes 1 year of free property management with the sale, making the Nautilus an irresistible investment opportunity.
Do not miss out on this opportunity to purchase this lovely corner building located in the ever growing and re-developed Temple University Area. There is new residential construction in every direction. Property has been used as a Religious Facility for years but with RM1 zoning, it gives you options. Don't pass up on the many potential possibilities of this property, see the City of Philadelphia Website at phila.gov for specifications and allowances for RM1 zoning. Make an appointment to see for yourself today.
Commercial/Retail corner property opportunity in Northern Liberties! 332 West Girard Avenue is at the corner of West Girard Avenue and North Orianna Street. This property has 27â of frontage on W. Girard Ave. and 84â of frontage on Oriana Street. Situated between Northern Liberties and Fishtown, this property offers an incredible location for the restaurant, bar or retail owner/operator. The property is a blank canvas with new Anderson windows, restored masonry/new steel panel façade and new roof. The entire interior of the property has been cleared out and ready for general fit out by the end user. The property consists of the ground floor and lower level, totaling approximately 3,886 square feet of usable space. This neighborhood along the Girard Avenue corridor is experiencing substantial residential development with thousands of residential units, making this property an ideal restaurant/bar location. This property represents an exciting opportunity to grow along with this thriving neighborhood.
Situated at 1729 Ridge Avenue, this mixed-use building comprises three units, featuring a ground-floor commercial space and two residential units on the floors above. Recently renovated, the apartments boast new flooring, kitchens, bathrooms, and updated systems. Each unit is individually metered, with tenants responsible for utilities. The commercial space is well-suited for an owner-occupant business. Spanning from Ridge Avenue to Cambridge Street, the property offers exclusive rear access to the residential units. Nestled in a Qualified Opportunity Zone (QOZ), the centrally located property is positioned between Fairmount, Girard College, and Temple University.
Dramatic price reduction!!! Great opportunity for investors w/amazing cap rate. 4 units fully occupied(newer long term tenants w/3% annual rent increase & NNN, high cap rate)commercial retail property w/rear parking alley(parks 3-4 cars) is in extraordinary condition located in the historic Germantown section of Philadelphia. This approximately 13,000 sq/ft, nicely face lifted facade property epitomizes the characteristics that you, as an astute investor, have always sought in your ventures. Nestled in the prime Commercial Class zoning (CMX3) within one mile of two commuter rail lines, the 2 Chestnut Hill lines, this property boasts unparalleled accessibility for tenants and customers alike. Additionally, this high income generating jewel is situated in the bustling Germantown Ave & Chelten Ave commercial corridor, which offers a thriving business hub, and obviously your investment here can invigorate the local business landscape and attract new ventures. Unit 5610 has a full size basement for extra storage, newer flooring, electric panels, newer 2 HVAC and water heater. Unit 5614 with newer electric panels and high efficiency HVAC, unit 5612 and 5614-A have attic for maximizing storage space. Please call the listing agent 48 hours prior to all showing requests. Please do not walk in or approach business owners or employees. Must show proof of funds or lender pre-qualification letter prior to all showing appointments.
Welcome to Porciniâs fine dining and trattoria style restaurant in Rittenhouse Square Philadelphia PA! This is the best restaurant area in the city! This beautiful well known restaurant establishment has become a favorite destination for neighborhood and local fine dining. Enter through the main front door and step to the right into the first-floor main dining room with a full kitchen. The dining room comfortably seats approximately 40 customers. Step through the main front door and there is also a stairway to the second floor which has a large space above for additional dining or potential for a special event room. Continue to the third floor which is presently used for storage. This space can be transformed into a rental space or additional restaurant seating. There is also an outdoor space on the top third floor which may be transformed to a deck or outdoor space with beautiful views of the city and Rittenhouse Square. There is also a basement which is used for restrooms and storage. This property has the potential opportunity for more return on investment. There are many possibilities for business growth. This is a unique opportunity to own a well-known restaurant building / property in Rittenhouse Square, Philly! All financial information is available upon request along with a fully executed Confidentiality Agreement. The property is easy to show with a reasonable notice time frame.
THIS IS FOR THE BUSINESS ONLY!! No Real Estate Included ! Busy nail salon located in a strip center with road signage and frontage on a high traffic volume street in North East Philly. This Salon has been updated in the past several years with most equipment (2 yrs old or less) and all inventory included. The salon has 4 years remaining on its existing lease and currently has 6 employees. All equipment is included in the sale price as well as the Client list, Website, Phone Number and LLC. The Buyer must also be approved by the Owners of the Strip center and have all required State and Local Licenses and registrations to purchase
Welcome to 5559-61 Baltimore Ave! Currently operating as a place of worship, this massive corner lot and building just needs your creativity! Great opportunity for any business looking for a place of operation or would make for an even better development opportunity. The property has an unfinished second floor and basement that both stretch the entire size of the building. Make your appointment today!
Back and Better, Price Reduced! A great location for a variety of business opportunities on the Historic Germantown Avenue. This section of the Historic Germantown Ave is in the path of progress, brimming with fast approaching revitalization from both ends. This building that housed the Delink Social Club also featured a Sport Bar. With moderate upgrades this could be quite the hot spot. Notwithstanding, this property is zoned commercial or mixed-use, and as such it is open for other business or social endeavors. It's minutes to Center City Philly, Philly Sports Complex, the Philadelphia international Airport. This location is richly served by a network of public transit (trains and busses) that links the greater community. This is an "as-is" offering with a limited marketing window. If you are interested, don't snooze, don't lose. Submit your offer now!
Come see this beautifully renovated building that sits on TWO parcels at 4800 sq ft, building itself is roughly 3185 sq ft. Parking lot holds 8 cars. Building is currently being used as a hair studio. Prior to that was a great space for an office. The opportunities are endless. Come see for yourself! Only the building is for sale and will be delivered empty upon purchase. Showings begin 11/21/2023
Commercial property located on a well known busy business corridor of Germantown & Chelten Ave. First floors are fully rented with all tenants being NNN with long-term leases. They are: Citizens Bank, RestaurantFood Market, Convenient Store and Boost Wireless. It has great exposure anchored by Citizens Bank with more growth potential on the 2nd floor for additional source of income. Second floor has separate entrance from Chelten Ave. It is ready for new tenant. Must come and see. Access to Septa lines all around. All prospective investors are to provide pre-qualification or proof of funds prior to any showings. Please contact listing agent for financials.
Business opportunity and owning a commercial building!! Located busy business on district 5th Street in philadelphia. 2 story building for sale, deli and grocery is included for sale price. Liquor License. and inventory is excluded in sale price.
Unleash the Potential of this prime mixed-use opportunity at 1628 Cecil B. Moore Avenue in the heart of Temple University! Boasting a coveted CMX2.5 zoning, this three-story building invites visionaries and entrepreneurs to redefine the space into an amazing investment opportunity. The current configuration presents a commercial space on the first floor and expansive potential on the upper levels. The front of the first floor offers a finished office space equipped with a small kitchen, powder room, and storage area, this area is ready to welcome a variety of business ventures. The rear of the first floor, as well as the second and third floors, await the touch of inspired renovation. In shell condition, these expansive areas offer limitless possibilities for those with a vision to craft a bespoke residential or creative space tailored to their unique specifications. The CMX2.5 zoning opens doors to a myriad of possibilities, providing flexibility for commercial enterprises and residential development. Capitalize on this strategic zoning to create a space that resonates with the dynamic character of the surrounding community. Unravel the potential of 1628 Cecil B. Moore Avenue. Contact us today to embark on the journey of transforming this space into your vision of excellence.
Welcome to your dream home at 703 S 6th Street! Located in Queen Village, this beautiful residence with its striking façade has so much to offer its new owners. This home includes 10 foot ceilings all throughout, 4 bedrooms, 3 full bathrooms, a full custom kitchen with an island and tons of cabinetry for additional storage and counter space. Hardwood flooring, windows that permit an abundance of natural light, all right above a spacious storefront, currently being used as a stunning Art Gallery. The first floor gallery includes a full kitchen, full bathroom, a huge finished basement, and access to the rear & side yard. This property offers new home owners a unique opportunity to use the space as desired: combine both units to create your dream home or live upstairs while generating income from the large commercial space below. Located at 6th & Bainbridge, in Queen Village which is known for its chic galleries, innovative restaurants, trendy shops, and shopping districts. This home is also located within the Meredith School Catchment. You do not want to miss this one; call to schedule your showing today!
Business Opportunity in Haddington Neighborhood! Here's your chance to own an established business space in Haddington. This property has a history as a dry cleaning business, but it offers tremendous versatility. You could repurpose it as an auto repair shop, a retail store, a warehouse, an office, a gym - you name it, pending the appropriate permits and licenses. The space even allows small trucks to access through the rear door, with half of the basement at your disposal. The building covers 11,250 square feet, all at a great price. This property is surrounded by various amenities. Nearby dining options include Jim's Steaks, Dunkin, A & A Steaks, and more. You'll find convenient shopping for daily errands at Walgreens, A New Roman Era, Beastyle Hair Salon, and others. Public transportation is just a 2-minute away at the Girard Avenue & 63rd Street stop for the 15 63rd-Girard to Richmond-Westmoreland route. There are also nearby parks like Carroll Park Playground, Haddington Recreation Center, and Cobbs Creek.
Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania has a population of 1,569,657. Philadelphia is less family-centric than the surrounding county with 21.17% of the households containing married families with children. The county average for households married with children is 21.17%.
The median household income in Philadelphia, Pennsylvania is $40,649. The median household income for the surrounding county is $40,649 compared to the national median of $57,652. The median age of people living in Philadelphia is 34.1 years.
The average high temperature in July is 87.5 degrees, with an average low temperature in January of 26.6 degrees. The average rainfall is approximately 46.8 inches per year, with 14.2 inches of snow per year.
