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Commercial Package Deal in Philadelphia: Introducing a rare opportunity to own a 3 building commercial package deal in Philadelphia, consisting of 3 Store Front businesses that MUST BE sold together. These properties hold immense potential for investors or developers looking to capitalize on a prime location and diverse rental opportunities. - 2837 Store Front: Currently leased to an attorney's office, generating a monthly rental income of $800. This established tenant adds stability to the investment portfolio. - 2839 Store Front: Previously operated as a beauty supply store, this space is currently vacant, offering a blank canvas for a new business venture. - 2841 Store Front: Formerly used as an art gallery, this storefront is also vacant, providing flexibility for a variety of commercial uses. All 3 parcels feature a unique layout where the second floor has been opened up to create a single-family 3 bedroom apartment, adding residential income potential to the mix. The possibilities for redevelopment are endless, with the chance to maximize the property's value and appeal to a diverse range of tenants. Located on a high-traffic block with over 30,000 vehicles passing by daily, these properties offer excellent visibility and exposure for businesses. The owner, who has held these buildings for over 40 years, has a successful track record with previous businesses, including a meat market, food market, and various storefront enterprises. Zoned CMX 2.5, these properties offer flexibility in terms of permitted uses and development options. The motivated seller is ready to negotiate a deal that aligns with your investment goals. Don't miss out on this rare opportunity to acquire a commercial package deal with significant potential in Philadelphia. Schedule your appt today to learn more and schedule a viewing.
| DAYS ON MARKET | 169 | LAST UPDATED | 5/17/2024 |
|---|---|---|---|
| TRACT | PHILADELPHIA (NORTH) | YEAR BUILT | 1920 |
| COMMUNITY | 19133 (19133) | COUNTY | PHILADELPHIA |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Apr 16, '24 | $350,000 |
|---|---|
| Apr 16, '24 - May 17, '24 | $349,900 |
| May 17, '24 - Today | $344,900 |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | 19133 (19133) |
| CONSTRUCTION | Brick, Brick Veneer |
| HEAT | Baseboard, Forced Air, Hot Water, Natural Gas |
| LOT | 871 sq ft |
| PARKING | On Street |
| SEWER | Public Sewer |
| SUBDIVISION | PHILADELPHIA (NORTH) |
| TAXES | 407 |
| UTILITIES | Natural Gas Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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