Prime Investment Opportunity in IRMX Zoned Building Discover this expansive building, a combination of multiple structures, offering an incredible investment opportunity. Key features include: Design: Timber beam construction with stunning hardwood floors and three sides of windows. Accessibility: Equipped with two stairwells and an elevator. Functionality: Previously utilized as multiple commercial spaces, perfect for leasing to individual businesses. Amenities: Multiple bathrooms throughout, polished concrete floors on the first floor, and three garage bays with separate overhead doors. Potential: Easy conversion for roof deck space. Location: 40 feet of retail frontage on Germantown Ave, with a building depth of approximately 123 feet.
Amazing opportunity to own a commercially zoned spacious building for your next business venture! Previously an automatic car wash until January 2022, this versatile space offers immense potential. Located on high-traffic Aramingo Ave, itâs perfect for a car wash, mechanic shop, fast food, or other business purposes. Don't miss out on this prime location!
Welcome to 230 S 46th Street - An amazing investment opportunity in Spruce Hill. Step into luxury living with this newly developed FIVE unit building consisting of 1- 2bd/1ba, 1 - 3bd/2ba, 2 - studios, 1 - 2bd/2ba, and 1 OFF STREET PARKING SPOT. This building has been gutted to the studs with BRAND NEW plumbing electric, sprinkler system, and HVAC. Crafted with precision, designed for comfort, each unit offers a blend of modern elegance and timeless charm. Private rear shared outdoor space perfect for entertaining or relaxing. 7.38 Cap Rate!!! Units Features - Spacious floor plans bathed in natural light, Gourmet kitchens equipped with state-of-the-art Samsung appliances and sleek countertops, and luxurious bathrooms boasting spa-like amenities with exquisite finishes Current rent roll 2bd/2ba $1993 3bd/2ba $2500 Studio $1310 Studio $1310 2bd/1ba Projected $1800 $108,156 Annual Rent 7.38 CAP!! $97,382 NOI Low operating expenses - Approved Tax abatement with brand new mechanical systems.
Welcome to Ridge and Gorgas, a boutique collection of twenty (20) apartments located on the thriving commercial corridor of Ridge Avenue in Roxborough â a neighborhood surging with positive rental growth and demand in Northwest Philadelphia, just outside of the city center. A careful mixture of historically renovated (6605-7 Ridge) and new construction (6601 Ridge + 509-11 Gorgas) properties are included in this stabilized investment 5-building offering. All of the subject properties are clustered at the NE intersection of Ridge and Gorgas, providing exceptional critical mass for operations, management and leasing. Additionally, another set of buildings can be packaged for sale nearby (enquire within for details) totaling fifty (50) units in three (3) more buildings from the same developer. Ridge and Gorgas features a diverse blend of 1bd, 2bd and 3bd apartments. A full 10 year tax abatement through 2031 provides additional investment security. Quartz countertops, stainless steel appliances, contemporary cabinetry and flooring throughout. Private patios for select units and washer/dryer in every unit. The Roxborough neighborhood is currently benefiting from a surging wave of demand as renters seek more spacious, value-oriented accommodations just outside of Phillyâs urban core â without sacrificing convenience, connectivity or style standards typically seen in Class-A apartment properties Downtown. 5 contiguous buildings included in the 20-unit breakdown. Buyer responsible to verify SF, taxes in DD.
Welcome to 4215 Manayunk Avenue, a boutique multifamily investment property consisting of five (5) apartments and one (1) commercial space located on the instantly recognizable Manayunk Avenue in Roxborough â a neighborhood surging with positive rental growth and demand in Northwest Philadelphia, just outside of the city center. Assumable FREDDIE MAC financing is available â 4.97% interest rate through May 1st 2026. $969,709 balance. A careful mixture of historically renovated and new construction, 4215 Manayunk blends authentic original character and contemporary charm. Additionally, another set of apartment buildings can be packaged for sale nearby (enquire within for details) totaling sixty-four (64) units in three (3) more buildings from the same developer â providing exceptional critical mass optionality for operations, management and leasing. The Property features a mixture of spacious 2bd and 3bd apartments. A full 10 year tax abatement through 2028 provides additional investment security. Quartz countertops, stainless steel appliances, contemporary cabinetry and flooring throughout. Ample outdoor space (common and private) is provided via balconies, patios and panoramic rooftop terraces. The Roxborough neighborhood is currently benefiting from a surging wave of demand as renters seek more spacious, value-oriented accommodations just outside of Phillyâs urban core â without sacrificing convenience, connectivity or style standards typically seen in Class-A apartment properties Downtown.
EXCELLENT OPURTUNITY. This property is located a few blocks from City Ave and the Main Line. MINUTES FROM UNIVERSITY CITY ,CENTER CITY. It can be a place of worship, event space, multi units.. come see it , dream it, then execute !! *****THIS PROPERTY IS BEING SOLD AS IS WHERE IS. SELLER WILL DO NO REPAIRS. BUYER IS RESPONSIBLE FOR ALL CITY CERTS*** THIS PROPERTY NEEDS A FULL RENVOATION
INTRODUCING: THE ASTER. Currently welcoming its first residents with modern pet- friendly apartments in Roxborough, The Aster is nestled on Mitchell Street, just below Roxboroughâs main commercial corridor. This luxury 39-unit building is loaded with amenities and surrounded by lush trees, creating a serene and welcoming atmosphereâ yet itâs walkable to the breweries, shops and restaurants on the vibrant Ridge Avenue strip. This brand new construction multifamily investment property offers a variety of studio, 1, 2, and 3-bedroom floorplans with ButterflyMX access, super high ceilings, contemporary hardwood flooring, modern kitchens, stainless steel appliances, LED lighting, and many more modern conveniences. Washer/dryer in each unit, and balconies in select units for quiet, private outdoor enjoyment. Residents can practice everyday health and wellness in the state of the art fitness center, unwind in the spacious resident lounge by the fireplace, and soak in the fantastic views of Northwest Philadelphia from the panoramic green rooftop deck with fire pits and greenery. Dedicated Amazon lockers provide secure package deliveries. Private patios in select ground floor units. The prime Roxborough location provides access to parks (Gorgas Park, Wissahickon Valley Park, Fairmount Park) and public transportation (Septa). Manayunkâs downtown district is right next door and Center City Philly is just 15 minutes away. Whether commuting or just enjoying the neighborhood, convenient access to highways, schools, and local attractions make The Aster an ideal place to call home for renters seeking the 2024 lifestyle. Parking is available in the adjacent lot for an additional cost. Units are now leasing (fast) as the asset approaches stabilization in Year One. 10 year tax abatement. The Roxborough neighborhood is currently benefiting from a surging wave of demand as renters seek more spacious, value-oriented accommodations just outside of Phillyâs urban core â without sacrificing convenience, connectivity or style standards typically seen in Class-A apartment properties Downtown.
Introducing 3919 Ridge: a boutique six-unit multi-family building for sale on the fast-growing Ridge Avenue in the Paradise neighborhood of Philadelphia, just on the edge of East Falls. This turn-key building offers a low-maintenance investment opportunity with 4,572 sq ft of brand-new construction (1 junior one-bedroom and 1 two-bedroom on each of 3 floors), a one year builder's warranty, and the full 10 year graduated Tax abatement. The apartments feature a modern kitchen with quartz counters, contemporary cabinetry, and stainless steel appliances. This thoughtfully designed building includes oversized windows, available Juliet balconies, wood-look LVP floors, recessed LED lighting throughout, high-efficiency HVAC and hot water, and washer and dryer in all units. The layouts are extremely efficient and filled with natural light. Walkable to East Falls borough with plenty of shops, amenities, bars, restaurants, and cafes. Easy access into Center City Philly and University City and equally convenient to the PA suburbs. Conveniently located in the Paradise Neighborhood, a small section of Allegheny West adjacent to East Falls. Bordering the Schuylkill River and Fairmount Park with more than 2,000 acres of rolling hills, gentle trails, relaxing waterfront, and shaded woodlands, keeping a wealth of natural landscapes in close reach. Easy access to neighboring East Falls and nearby Manayunk as well as a quick commute to Center City. All that plus Kelly and MLK Drives are every bicyclistâs, joggerâs, and dog walkerâs dream. Highway access couldnât be better with neighborhood on-ramps offering close proximity to both Route 1 and I-76 with access to the Pennsylvania Turnpike and I-95
Well-established 1st-floor storefront Convenience Store with a newly renovated 2-bedroom apartment above. The market rent is $1700 per month. Nearby development projects enhance the area's appeal and promise future appreciation for savvy investors. It is also very close to many educational and medical facilities, including but not limited to Penn Medicine University City, Children's Hospital of Philadelphia, and the University of Pennsylvania. With its strategic location, Don't miss your chance to own a piece of this dynamic and evolving neighborhood while securing a solid return on investment Additional features include its convenient location next to multiple transit lines, the 13 Trolly servicing The Darby Transportation Center to Market East Jefferson Station, and Septa regional rail Media/Wawa Line, with service from Media station to the center city and Temple University.
Situated in a prime Center City location, this busy turn-key ârestaurantâ is ready for itâs new owner. No need for extensive setup, simply transition right into this income producing opportunity. There is a fully equipped and operational kitchen, bar stool seating area, basement for storage and stock and third party delivery in place. Tenant pays utilities and monthly rent includes NNN. The store is currently open 6 days a week from 10-8 with an average gross daily income of $1,000. Expand operational hours, expand your income flow. The owner is available for training to ensure a smooth transition. Come check it out! You canât beat this location which is directly across from the Family Court building and nearby The Academy Of Fine Arts, Convention Center, Love Park and Suburban Station. There is substantial foot traffic and 20K+ cars per day, ensuring a steady flow of customers throughout the day. Bring your offer! ****The Tacos Texas food truck can be purchased for an additional cost to be negotiated between seller and buyer.
Scattered site apartment building portfolio includes three - 5 unit apartment buildings for a total of 15 units. Currently they are all market rate apartments giving an investor the opportunity to add value by transitioning the units into the PHA program. 933 Dauphin St. (19133), 315 E. Price St. (19144), & 1612 N 54th St. (19131)
Location! Location! Location! This is a great multi commercial investment opportunity located in the business district of Torresdale Ave. The property for the daycare center can be sold separately. Large and spacious on the inside with a very high ceiling along with a driveway and backyard. Both properties next door are currently retail stores. Sold as is condition and the businesses belong to the tenants. Please call and schedule an appointment today!
Well established body shop, State inspection station AND auto repair business and building for sale. There are two (2) large 12' over head doors on either side of a 300 square foot office and two (2) bathrooms. Sale includes two (2) auto lifts, a frame straightening machine, paint booth and paint mixing room. Air compressor and welding machine also included.
One of kind opportunity to own your really special slice of Port Richmond. This unique family owned property consists of a very large 1800+ square foot 3 bed 2.5 bath single family home with an amazing home office addition with separate entrance. The home is attached to 2 great rental units. A (2) bed /(1 )bath and a (1)bed /(1) bath, built as duplex, with all separate utilities. This is adjoining to an open 16 x 60 lot currently used as an amazing yard but has potential to be built on or kept for the open outdoor private space. Everything is being sold together. The house and 1st floor duplex unit have central air. A brand new roofing system was installed on both main roofs (April 2024) and the office roof was properly serviced and coated. The house features high ceilings, large living room, dining room, enormous eat in family style kitchen, family room , first floor laundry and inside access to the home office, gym or whatever you desire room. The lower level is finished with a powder room, a large wet bar with some refrigeration equipment underneath and lots of storage closets. The lower level was broken through to the duplex leaving a double wide double large finished basement. The other side has a work/mechanical room, a large open area, another small wet bar and pool table. This lower level served the family well over the years as they entertained with plenty of room to spread out. The 2nd floor also features high ceilings, a large primary bedroom with ceramic tile bathroom with stall shower. There are 2 other good sized bedrooms and a 2nd 3 piece ceramic tile hall bath. The adjoining duplex is great opportunity to achieve great rental income like this family did. The duplex has an updated 1st floor 1 bed 1 bath unit and a 2nd floor is a 2 bed room 1 bath unit. The lot next door was previously a building, torn down, and is being used a extra outdoor private space for right now. We believe the lot could be buildable as well. For any question please reach out. This is a tremendous opportunity. Don't miss out!
This is a fully renovated, fully occupied 5-unit investment property in the rapidly appreciating Kingsessing neighborhood, adjacent to Squirrel Hill/Cedar Park. The Rent Roll and P&L are included in the Document tab of the MLS listing. This is a corner property, which means that all units get tons of sunlight from windows on multiple sides of each apartment. The building is conveniently located just a few blocks from the restaurants and shops on Baltimore Ave. and has a WalkScore of 83, so most errands can be accomplished easily on foot. The property is also only one block away from Kingsessing Park/Recreation Center and is surrounded by bus and trolley lines along with the Indego bike station and the 49th St. rail station just 2 blocks away at the corner of 49th St. and Chester Ave. All utilities have been separated already (electric meters, gas meters, water heaters, & boilers) and the huge basement with a separate side entrance increases the potential of the building by adding a 6th unit with the proper zoning/permits!
The property is actually 6747,6749 & 6751 Torresdale, city of Philadelphia record show is as 4700-02 Knorr street, It's across Torresdale Ave and Knorr St. legally two commercial spaces and two 2-bedrooms apts. but owner set up one commercial and 3 apartments, one of the apartments is currently occupied with long term tenant. owner keep one apartment for himself, There is also a smaller vacant commercial space that could be used as an office or small business. All units are on separate utility meters.
The Legendary "Shirt Corner" building is for sale! Development rights allow two additional floors to be added to the current structure. Located at 02 Market Street, this 2840 SF property is a gem in the heart of Old City, Philadelphia. The vibrant neighborhood is steeped in rich history, dotted with trendy restaurants, and alive with a bustling nightlife. The property, strategically situated on a corner lot with high foot traffic, is a prime spot for a retail business or restaurant. The existing 2-story structure is not just a building but a canvas for your vision, engineered to support the addition of two more floors. Perfect for a franchisee, your next retail business, or an eatery. The rear yard offers access to 3rd Street. Plus, this property boasts a modern, full-height, finished basement.
Redevelopment Opportunity: Complete Renovations on a Boutique Corner Mixed-Use Property High Occupancy Submarket: Historically 90% Occupancy or Better Accessibility: Convenient to Route 1 (Roosevelt Boulevard), Route 611 (N. Broad Street) and Interstate 95 Transit Friendly: Walk/Bike to Fern Rock and Olney Transportation Centers for Bus, Subway and Regional Rail Routes Strong Medical Employment Hub: Einstein Medical Center, Temple University Hospital, St. Christopherâs Hospital for Children, Shrinerâs Hospital for Children and Germantown Medical Center within 10 Minutes Abundant Neighborhood Amenities: Proximity to Fisher Park and Tacony Creek Park; Access to Local and National Businesses Lining North 5th Street Business Corridor; 5-Minute Drive or 8-Minute Walk to One & Olney Shopping Center Anchored by ShopRite This mixed-use building consists of (8) one-bedroom apartment units and 4,000 square feet of commercial space. The property is on the southeast corner of North 2nd Street and Olney Avenue with frontage on three streets - North 2nd Street, Olney Avenue, and N. Palethorp Street. The apartment units are fully framed and feature generously sized living rooms and bedrooms. The commercial space (4,000 gross square foot) could be leased by one tenant or divisible into (4) 1,000± square foot spaces. The commercial space also has a basement level (4,000± square feet) that can be utilized as additional storage space for the tenants. The property is completely vacant. The apartment units have new electrical, plumbing, windows, and doors, with minimal work remaining. A new owner can finish those units with new flooring, cabinets, and appliances, whereas the commercial space would need a full renovation. Located in the heart of Olney in Philadelphia, the property is less than a mile (25-minute walk/7-minute bike ride) from SEPTAâs Fern Rock Transportation Center and the Olney Transportation Center for regional rail and numerous bus and subway routes. The Olney Regional Rail Station on the Fox Chase Line is a 7-minute walk from the property. Further, the property is conveniently located near Route 1 (Roosevelt Boulevard), Route 611 (North Broad Street), and Interstate 95. The Propertyâs location provides tenants access to the areaâs top employers including Einstein Medical Center (Jefferson Health), Temple University Hospital, Shrinerâs Hospital for Children, St. Christopherâs Hospital for Children, and Germantown Medical Center. The various transportation options provide easy access to employment hubs in Center City Philadelphia and the surrounding suburbs. 5535-5541 North 2nd Street in Philadelphia presents an outstanding redevelopment opportunity to acquire a property with strong bones in an up-and-coming location. By completing the renovations, the property will be able to compete with other apartment buildings nearby and attract a strong tenant base at a reasonable price point.
Enormous CMX2 zoned, corner property of more than 22,000 SF with 8340 SF building on site. The building contains a successful, operating Funeral Home and two apartments on the second and third floors. Large Parking Lot surrounding. Frontage on three different streets, including 120 ft of frontage on busy Haverford Ave. Potential development deal for 44+ Residential units (additional with available bonus) and 15k SF+ of Commercial. Unique opportunity for a funeral home operator or as a multifamily development deal.
Welcome to 1213 Erie Avenue. Unlock the potential of this high-visibility automobile repair shop, ideally situated on Erie Avenue in Philadelphia, PA. This well-established facility offers a prime opportunity for mechanics and entrepreneurs alike, with a proven track record of success and a loyal customer base. The Commercial Space features a spacious workshop with ample room for multiple service bays, equipped with overhead doors and high ceilings to accommodate various vehicle sizes and repair needs. State-of-the-Art Equipment which Includes hydraulic lifts, diagnostic tools, tire changers, and more, providing everything needed for a full-service operation. A customer-friendly reception area with a welcoming front office, waiting area, customer service desk, and ample storage for parts and supplies. The Industrial space is the prime location with high traffic exposure, easy access, and ample parking for customers and staff. The front of the facility offers modern amenities including a restroom, break room, and office space. The benefits of the Turnkey Operation offers an automobile shop that is ready to go, with established processes, a loyal clientele, and a solid reputation in the community. The Revenue Potential can be beneficial from an ongoing revenue stream with opportunities for expansion and additional service offerings. The growth opportunity has potential for increased profitability with added services or extended hours. This would be a great opportunity for ideal for established repair shop owners looking to expand, new entrepreneurs seeking a ready-to-operate business, and auto enthusiasts interested in a profitable venture. Donât miss out on this exceptional opportunity to own a successful auto repair business in a thriving area.
A fantastic opportunity awaits with this well-maintained, recently renovated commercial property located in the thriving Penrose area of Southwest Philadelphia. Currently operating as a licensed childcare facility. The building's mixed-use zoning makes it suitable for a variety of purposes, whether you're looking to continue a business as a childcare facility or repurpose it for new business opportunities. This versatile space could easily be repurposed for various commercial uses such as medical offices, beauty salon/barber shop, or retail operations; the second floor can be converted to an apartment. It features ample space throughout with separate rooms, including a kitchenette, administrative office, three restrooms, a large outdoor fenced yard, free parking, and basement. As well as being ADA-compliant with ramps and accessible bathrooms and zoned as CMX-2 (Neighborhood Commercial Mixed-Use). The building is minutes from I-76, I-95, and public transportation is just steps away. The Philadelphia International Airport, Amazon Warehouse and Navy Yard are less than five miles away. Â Viewings are by appointment only. Please contact the listing agent with any questions.
**Investor's Dream at 4030 W Girard Avenue** **For Sale: $369,900** Seller offers $10K Concessions. Offer good through 9/30/24 Unlock limitless potential with this prime investment opportunity in one of the most sought-after areas of the city. Situated at 4030 W Girard Avenue, this expansive 3,948 square-foot property is brimming with possibilities. Whether you're looking to develop, renovate, or create a multi-unit dwelling, the canvas is yours to shape. **Key Features:** - **Generous Space:** With nearly 4,000 square feet, you have ample room to bring your vision to life. - **Prime Location:** Located close to public transportation, ensuring easy access for residents or customers. - **Unlimited Opportunity:** Whether you're planning a residential conversion, a commercial space, or a mixed-use development, this property offers the flexibility you need. At just $369,900, this is more than just a propertyâit's your next big investment. **Don't miss out on this rare opportunity! Contact us today to explore the possibilities.**
Awesome CMX3 zoning. Corner property in Philadelphia's busy area of Northern Liberties, Fishtown and Old Kensington. Commercial store front with open space for all types of businesses, includes large basements for use and rear off street parking. On the second floor you will find new modern 2 bedroom apartment with wood floors and tiled bath. Central air & laundry. Third floor is 3 bedroom apartment with new modern finishes with wide doorways, granite counters, stainless steel appliances, central air & laundry right in the unit.
Select Commercial Advisors proudly presents the Somerset & Ruth Portfolio, an exceptional mixed-use assemblage spanning over 21,000 square feet across six contiguous properties with frontage on three streets in Kensington, North Philadelphia. This unique offering combines income-generating assets with significant future development potential, making it a prime opportunity for savvy investors and developers. This offering represents a rare chance to acquire a substantial footprint in a neighborhood poised for continued growth and revitalization. Whether you're looking to expand your investment portfolio or embark on a new development project, the Somerset & Ruth Portfolio promises both immediate returns and long-term value appreciation. The Somerset & Ruth assemblage includes two occupied buildings with garages - including a 14,500 square foot warehouse - two vacant buildings, and two vacant lots. The properties are ideally situated just one block from the Somerset Station in Kensington - an historic neighborhood bounded by Fishtown to the South, Port Richmond to the North, and the Delaware River to the East. The area is conveniently accessible via major transportation routes including Interstate 95 and SEPTA's Market-Frankford Line, providing easy connectivity to Center City and other parts of Philadelphia. Contact our team today to schedule a tour. Offering memorandum available upon request.
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.
