HUGE PRICE REDUCTION! 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.
Mls | PAPH2339528 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Pending |
Year | 1920 |
Days On Site | 249 |
Listing Provided By | Quality Real Estate-Broad St | Celenia Martinez |
Sq Feet | 4,500 |
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Zoning | C2 |
Acreage | 0.02 |
State | PA |
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County | Philadelphia |
City | Philadelphia |
Zip Code | 19133 |
Area | 19133 |
Community Name | Philadelphia (north) |
School District | The School District Of Philadelp |
Listing VS Median (in Philadelphia (north)) | |
Price: $299,000 low | high Med: $84,950 SqFt: 4,500 low | high Med: 1,323 $ / SqFt: $66 low | high Med: $64 On Site: 249 low | high Med: 1044.500000 |