- Ask for the offering memorandum -Incredible Investment Opportunity in a Thriving Locale! -Projected Gross Rent: $1,063,200.00 annually -64-unit property consisting of 1 & 2-bedroom apartments -Average 1 bed 575 sf and average 2 bed 1100 sf -40 Parking Spaces with No Low-Income Housing Requirement -Adaptive Reuse Project with Completed Foundation & Facade (Value: $1.1M) -Comprehensive Documentation: Plans, Permits, Reports, and Surveys Included -Builder Ready to Provide Competitive Bids This property presents an exceptional investment prospect in a rapidly developing area. With a substantial projected rental income and a high cap rate, investors can expect significant returns. Furthermore, the completed foundation and facade, along with comprehensive documentation and a prepared builder, streamline the acquisition process for potential buyers. Don't miss out on this lucrative opportunity to capitalize on the growth potential of this dynamic market! This building would make an excellent addition to your portfolio. Contact us today to learn more about this exciting investment opportunity.
Incredible opportunity for a corner restaurant, established since 1949. 1441 W Shunk St is a mixed-used corner property located just off Broad St and Oregon Ave in Philly's lively Melrose neighborhood. The building has a modern restaurant on the first floor, currently used as an ice cream shop and eatery, a basement with lots of storage, and a second-floor apartment with a private entrance. The front of the restaurant has a dining area with high tops and tables. Behind the counter, there's a cash wrap and a food prep area. In the rear is a full kitchen with cooktops, deep fryers, an oven, freezers, and a sink. The basement offers tons of storage space, along with a half bathroom and a walk-in freezer. A flight of stairs on the side of the building leads to a large second-floor apartment. It features a bright living room with modern floors, an area for a kitchen, a full bathroom with laundry, and a pair of connected rooms that could be used for bedrooms, offices, or flex space. Utilities include gas hot water and gas heat. 1441 W Shunk St's sought-after location earns a Walk Score of 94! Lots of local businesses, shops, and storefronts are nearby. Marconi Plaza is a block away, the sports complex is close, and there's easy access to public transit, I-76, I-95, and South Jersey. Schedule your showing today!
Welcome to this solid, income-producing, mixed-use corner quadraplex including 2-car garage. It is currently set up as four residential units plus one commercial space (5 total units), a 20'x16' two-car garage and basement storage that could possibly be leased out for storage. Cap rate varies according to value interpretation. This building has a story as does any worthwhile investment and showings can be arranged after reviewing all information. Please review photos and kindly contact for P&L, rent roll, and list of recent improvements. Property is zoned as commercial and can be financed via cash or commercial loan.
Check out this amazing mixed use opportunity on one of Philly's most vibrant commercial corridors. This building offers great size and flexible zoning for almost any business you can imagine. The first floor commercial space is ready to rent or occupy. It is almost 1000 sf plus the full basement and rear yard. Commercial rents in the area run between $1500 to $2000 a month. The 2nd floor studio apartment is also rent ready and can command $1000 a month. The 3rd floor features a tenant occupied bi-level 2 bedroom apartment with tenant paying a below market rent of $975. Make your appointment today. You will not be disappointed.
Opportunity awaits in this end unit rowhome in Philly with the main level boasting a large, vacant commercial space - formerly a daycare. Upstairs offers an occupied 3 bedroom rental with lease in place. Full basement and 1 car garage add to the list of desirable features. Don't delay on this excellent investment opportunity!
Fantastic Duplex investment opportunity available for an investor or owner-occupant. Current 3% interest rate FHA loan which could be assumable for an owner-occupant. Unit A: Currently leased for $1,400/mo (2BR/1BA) Unit B: Currently leased for $2,100/mo (3BR/2.5BA) Introducing a fantastic property located in the vibrant neighborhood of South Philadelphia. This Duplex unit is a perfect investment opportunity, offering two separate units. Unit A: features two spacious bedrooms and one bathroom, while Unit B boasts three bedrooms and two and half bathrooms. Convenience is key with this property as it is situated closer to downtown, allowing for easy access to all amenities the City has to offer. The property has undergone a complete renovation, ensuring that it is in excellent condition. The versatile layout of this duplex allows for multiple uses including but not limited to commercial use. Contact us today to schedule a viewing and explore the potential this property has to offer.
A Expansive Two Story Commercial Property with more than 2000 square feet of usable building space. The Property offers an attached parking lot that can comfortably fit 5 cars. The property is currently being used as Office Spaces. When you enter this charming property you will find the First Floor off of the Main Street Level Hallway which offers an eat-in kitchen area and a Full 3 piece Bathroom. This area opens up into a inviting sitting room and large Conference Room. This Level has access to the basement that spands the length of the property. You are able to access the attached parking lot from this level. The second level can be accessed from the main level hallway. The Second Level opens up into a grand open area with a Half Bathroom. You will find two great sized private offices of this levels hallway l. The opportunities for this Building are endless. This could be used as Multiple Office Places, Converted into a Residential Dwelling, A Day Care, Home aide Offices, Religious Gathering or even a Live and work situation. The list can go on. Buyer can make the effort of converting this property with proper zoning into a Spacious Duplex. If the Interior of the property didn't offer enough the large attached private parking lot allows for ample space for staff or customers. The Property also offers a Newer Storage Shed. The Property's Roof is only a few years old with a transferrable warranty and has updated details such us new Baseboards and Charming Chair Rail details, crown molding, updated flooring, Newer Windows and Central Air. The property offers LED Lighting. The New Service Panel is only a few years old. This property is a Must See!
Here you have a tremendous opportunity to make something amazing! The font of the building has an established bar that has been in business for years and there is, of course, an opportunity to expand the bar business even more. Attached to the bar there is a great set up that could be easily turned into a major money maker. The kitchen is already in place with added space to add another bar set up or take out. In this specific area you could complete the construction of the table booths and by adding tables in the middle of the floor you are looking at a great sized restaurant that has a separate entrance from the front bar. The 1st floor has a maximum capacity of 285 people per the fire code. If that is not enough for you, there is even more opportunity with this building. The 2nd floor there is the perfect space to create a banquet hall/catering event area or a separate private speakeasy or fine dining establishment. The 2nd floor has a separate door for guests to come and go! Also, on the 2nd floor you have the capacity to entertain 224... This building can accommodate large or small gatherings â weddings, corporate events, parties, etc. This is a great location in a neighborhood flourishing with transportation and development! This 2-story, commercial, mixed-use corner property, located in West Philadelphia, is the perfect spot for you to develop your business. There is a liquor license that covers both floors and the liquor license cant leave the building. Also the seller is looking for a long term lease with the possibility to purchase the building once lease has been completed. You will be steps away from neighborhood restaurants, cafes, shops, and public transportation, as well as University City, Center City and the Philadelphia suburbs. Whether you are an investor looking to expand your portfolio or a small business owner searching for the perfect space to call your own, this 2-story property is sure to impress.
INVESTORâS ALERT â Multiunit property available in University City. This property has three apartments and possibilities for a commercial space on the lower level. Some of the features of this property include: FIRST FLOOR: 2 Beds, 2 Baths, Large Living Room & Dining Rm, eat-in Kitchen w/ storage closet. SECOND FLOOR: Large One Bedroom Apt w/ Living Rm, Kitchen, and Bath. Large Living Rm is large enough to maintain a smaller living rm and a possible second bedroom. THIRD FLOOR: 2 large Beds, 1 Bath, Living Rm, eat-in kitchen, & Full Bath. ATTIC: There is a Large Walk-Up Attic w possibilities. LOWER LEVEL: Private Entrance, large gathering room w/ kitchen. This space was previously used for church services. This multiunit property has great potential. Very large room sizes. Needs updating. To top it off, there is an oversized 1 car garage! Being sold in As-Is Shape. See attached zoning information to see potential uses on the first floor. Attached is contact information of the planning commission to verify uses. Within walking distance to University of Pennsylvania!
Welcome to a fantastic University City fully occupied apartment building. The building has 6 apartments with 2 - three bedrooms, 2 - two bedrooms and 2 - 1 bedroom spaces. Operating Expenses available upon request. The building has been beautifully maintained by the current owners with the potential to add value to this space by updating the finishes over time. If you would like a private tour, please reach out to the listing agent to schedule.
Are you looking to increase your cash flow? Then this is the building you want to move on NOW. Fully leased apartment building with SIX residential units (3 Studio Units & 3 One Bedroom Units). A walkable, bikeable location near area universities, schools and shopping, and easy access to main transportation arteries and public transportation. The rare time someone vacates, the unit all but rents itself. This is the opportunity you've been waiting for; don't let it slip away.
Unique Mixed-Use Corner Property for Sale Location: Southwest Philadelphia Property Highlights: Type: Mixed-Use Corner Storefront with a Spacious Apartment Unit Situated on a busy corner of 65th st and Elmwood Ave Commercial Space: Current Use: Operated as a beer to go and deli by the owner for over 10 years. New owner can add additional food services to get the full potential of the space. Liquor License: Eating Place (E) Liquor License transferable to new owner at settlement Features: Well-maintained throughout the years Half bathroom at the rear of the store Apartment unit upstair with full bathroom Includes all commercial equipment, refrigerators,, shelves, tables, and chairs (store inventory not included) Large unfinished basement for inventory and utility appliances (hot water heater and heating system) Convenience cellar doors on the side for easy delivery beverages to the basement Residential Space: Features: 3 bedrooms, 1 full bathroom, 1 living room and 1 kitchen New laminate floors in the bedrooms, dining room, and kitchen Plenty of natural light throughout the apartment Ideal For: Entrepreneurs looking for a unique mixed-use property Investors seeking a property with both residential and commercial potential Business owners desiring proximity to a major distribution center Important Note: Buyer responsible for contacting the City regarding zoning questions or use variances
Look at this fantastic investment opportunity! This is quadraplex with commercial space. Right now only 2 units occupied. and bringing $1800 a month. But it will bring $4100 for 4 units plus for commercial $2000, totaling $6100 a month. Close to LaSalle University, Einstein Hospital, parks, shopping, and transport. With steady, long-term tenants, this is a no-brainer investment. Don't snooze on this one- schedule a visit now and see the easy-living potential of this income-booster!
Public: BRING YOUR FLASHLIGHT. Power not on for June 4th. Unusual opportunity to buy large garage off major arteries of Master and Haverford Aves. Just a few blocks from Carroll Park . OR: Have a garage with privacy- easily accessible to West and S. West Philadelphia. Garage is behind homes on Robinson St. with access via driveway off Robinson. Garage and land are secured by a chain link fence and gate. Garage has one bay and door access. Massive space that is great for contractor to store equiptment and materials or an automotive .Zoned RSA5 so lot may be buildable for a house too. Buyer responsible for due delingence for water access for fresh water and sewer connection. NOTE: driveway is next to house at 1329
Unlock the potential of this former bar-turned duplex, offering a unique blend of past charm and present opportunity. Featuring one unit currently occupied and the other awaiting your creative touch, this property presents an ideal investment or homeownership opportunity. don't miss out on exploring the endless possibilities within !
Come and see this remarkably sized Commercial land partially developed with a total of 21,350 square feet. Lot currently has warehouses totally 9570 square feet available for commercial and industrial uses and partially vacant land ready for immediate development. Lots nearby have also been approved for townhouse development. Just off of Fox and Hunting Park Avenue and close proximity to East Falls, US-1 and Kelly Drive. Property is conveniently located close to public transportation.
The Real Estate at 3749-51 Midvale Ave, home to "The Black Squirrel," is listed at $990,000. Additionally, the FFE / Business is available an asking price of $225,000 and the Liquor License is available at an asking price of $180,000, making this a turnkey operation. The 2-story building currently consists of a full commercial kitchen, 66 seats inside, 16 seats on the outdoor patio, and has the potential to add both more interior and exterior seats. The property was renovated in the past couple of years, containing new electrical, plumbing, and mechanical systems. Located in East Falls, the property has fantastic exposure with 38â of frontage on Midvale Ave. East Falls is a Philadelphia oasis along the Schuykill River, with a dense residential population, and a vibrant commercial scene with businesses such as In Riva, LeBus, Taqueria Cresta, and East Falls Farmers Market. The site provides easy access to Center City via Kelly Drive, and the Main Line via I-76.
BUSINESS FOR SALE in 19116 ( North-East Philadelphia ) This listing is for the sale of the Business Only. Real estate is not included in the sale. Local repair shop business for sale! Hereâs a rare opportunity to own a well-running business with all existing equipment. A local repair shop is running like a well-oiled machine, servicing local customers in the North-East Philadelphia. Business has already earned a reputation of the excellent-quality repair shop in the area and attracts many new clients. Shop stays busy all the time thanks to the repeat customer base that keeps growing every day. Business currently operates out of the rented facility with approximately 1200 sq.ft. of work space. There is 1 overhead door for access -14 ft high with the ceiling height of approximately 20â inside the shop. Shop itself fits 2-3 cars at any given time. There are 4 designated parking spots for this unit. Use them as you see fit. Shop currently pays $2,700 in monthly rent. Rent includes water and sewer. Electricity and trash are paid separately. Low monthly utility bills, along with low rent and very little overhead make this business opportunity very attractive for a single owner with 1-2 helpers or anyone who is looking to purchase an inexpensive business with lots of growth potential. Included with the sale of the business: All existing shop equipment, tools, all active vendor accounts.
Building, Social Fraternal hall Business, Club Liquor License being sold. Enter into the large bar with plenty of seating, a Pool Table in the rear, 2 bathrooms in the back, and a full basement below with refrigerators, sinks, and plenty of storage with seller gate access from the street for easy loading. Further to the back yard stair leading to the above unit with a bathroom, food prepares area, and a large room with board for all recreations. The zoning used is Social Fraternal Hall RSA5. The buyer and agent must check for the accuracy of the zoning and size. Conveniently located off of busy Oregon Ave, Minutes to Live Casino, Sports complexes, All interstate highways, bridges, Philadelphia international airport, minutes to center city and all the famous south Philly has to offer. All showings are sent to POF and do not disturb employees.
Imagine a bustling corner property in West Philadelphia, brimming with potential. This isn't just a building, it's a blank canvas waiting for your vision. At a sprawling 4,191 square feet, the possibilities are endless. On the ground floor, a well-established barbershop thrives. With its dedicated waiting area, barber parlor, and storage space, it's a cornerstone of the community. However, with its CMX2 Zoning, there are lots of possibilities for the use of the space. Check out the City of Philadelphia Zoning Quick Guide pages 26-27 for more details. In the back, a one-bedroom apartment currently enjoys a month-to-month lease. Head upstairs and discover a vacant gem â a wide-open space on the second-floor front. This flexible area could be a two or three-bedroom unit, complete with its own kitchenette and full bathroom. In the rear, another one-bedroom unit offers steady income with a month-to-month lease. But the real showstopper is waiting for you on the third floor. Currently an unfinished shell, this vast space is a dream waiting to happen. Imagine transforming it into a luxurious multi-bedroom apartment, complete with a private rooftop patio offering breathtaking city views. Separate utilities for each unit keep things simple, and the extra-large basement with outside access hints at even more possibilities (verification recommended). Sure, the property needs some TLC, but that's the beauty of it. This is your chance to roll up your sleeves, unleash your creativity, and unlock the true potential of this West Philadelphia gem. With current rents below market value, there's room to grow your income. Plus, the convenient location near transportation, schools, and shopping ensures your tenants will love calling this place home. Are you a visionary investor or a savvy entrepreneur? If you're ready to turn potential into profit, schedule your showing today (with at least 24 hours' notice). This West Philadelphia property awaits your transformation. Buyer must confirm use. Don't miss out â all offers will be presented.
Welcome to 1622 Locust Street, a spectacular and prestigious double wide estate with an expansive rear courtyard situated one block form Rittenhouse Square on a charming, tree-lined block. Constructed in 1852 as the Isaac Lea House, an elegant and stately private residence, the property has been used for commercial purposes for the last century, and for the last five decades has been owned and occupied by the same family as legal offices. With the flexibility to be occupied commercially or through a residential conversion -- including the potential for by-right development of the courtyard -- the opportunity for investors, developers and commercial users alike to acquire this type of property truly only presents itself once in a lifetime! The building was designed by noted architect John Notman, who also designed the Athenaeum on Washington Square, as well as Saint Mark's Church directly across Locust Street. It is one of the first examples in the United States of the Italianate villa style, a distinction which earned the property a Historic designation in Philadelphia in 1967. The building boasts unparalleled original period detail beginning with the ground floor: an ornate vestibule, rooms with gracious proportions; high ceilings, full height windows and doors; crown molding, chair rail, wainscoting; arched and corbelled openings; marble fireplace mantels and inlay parquet floors. A grand central staircase with ornate, carved wood balustrades connects the buildingâs four stories, capped with a stained glass oval skylight. In the rear of the property, accessible from a covered porch sits a large and pristine courtyard, lined with wrought iron railings and brick walls, paved with bluestone. Mature trees, manicured gardening and a fountain create the feeling of a secluded urban oasis. The patio backs onto Latimer Street, providing additional light and air. Each floor of 1622 Locust overlooks beautiful and serene views to the north and south. A covered driveway for two cars is accessible from both the building and Latimer Street.
Three adjoining parcels ( 425 S 42nd St, 4109-11 Baltimore Ave , 418 S 41st St ) being sold as a package for $3,500,000 in the prime location of Spruce Hill and University City. Total lot square footage of 27,368, with 15,783 currently undeveloped (playground/basketball court/parking lot). All parcels are zoned RTA-1.
Established in an area that is Rapidly Growing! New construction and development all over. Walking distance to the river and all the popular nightlife and action. Plenty of upside for an experienced operator looking for an additional store. This store has already proven to handle $35k per week during Covid times. Owner will consider seller finance to a Qualified buyer with proof of funds and assets. All prospective buyers will be asked for an NDA and Buyer Financial information prior to any discussions about sales and financial information. Very Reasonable rent $2500 and long-term lease. Real Estate Not Included in Sale Price.
