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PRICE $2,850,000 dsIDX morgage calculator
SIZE 5,733 sqft
LOT SIZE 2,178 sqft
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Investment Opportunity with High Foot and Car Traffic - Prominent Downtown Location. Featuring a ground-floor shop strategically positioned to capture the bustling foot and car traffic, along with three residential apartments above. Benefitting from the high visibility and accessibility, the property yields an impressive annual rental income of $231,350. The established Japanese ramen and sushi restaurant on the premises has successfully operated for 17 years, drawing in a steady flow of customers from the vibrant surroundings. With a solid return on investment standing at 6.5%, this opportunity offers the potential for long-term growth and profitability in a prime urban setting.

DAYS ON MARKET 96 LAST UPDATED 8/19/2024
YEAR BUILT 1900 COMMUNITY 19107 (19107)
COUNTY PHILADELPHIA STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
AREA 19107 (19107)
HEAT Forced Air, Natural Gas
LOT 2178 sq ft
LOT DIMENSIONS 21.00 x 107.00
PARKING On Street
SEWER Public Sewer
TAXES 19590
WATER Public
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