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Presenting an excellent investment opportunity for a mix-use property in the heart of Queen Village. It has an IN-PLACE rent roll of $300,000 per year with additional upside for new owner. Large spacious apartments that are easy to rent and prime retail locations next to Famous Deli and across the street from Southwark. An estimated net operating income of $244,000 yield nearly a 7.00% cap rate on purchase, well over the current interest rate. Don't miss this chance to own an investment grade real estate in Queen Village where homes regularly sell for millions and business owners desire to launch their venture.
Bi-Level store front available for a business on this high preforming corridor. Tenant paying $1725 NNN. Basement is egressed and vented. Lots of development occurring on that block so there will be a high demand for quality commercial spaces! The unit has 4+ years left on the abatement. The space has a rear yard concrete area.
Rarely does an opportunity arise to acquire 2 office spaces in one on the ground floor of The Philadelphian, renowned for its luxurious amenities and convenient services. This unique offering presents a chance to own 1,338 square feet of prime office space ideal for professional, legal, or medical purposes. While it may require some sprucing up to align with your vision, this office space presents an ideal opportunity for individuals seeking a place to call their own.The current layout boasts two well-appointed reception areas, two entrances, two inviting sitting spaces, multiple private offices, designated workstations, and two full bathrooms bathrooms, ensuring functionality and comfort for various business needs. Additionally, the option for garage parking is available for an added fee, subject to availability, while ample free street parking further enhances accessibility for clients and staff. The two main offices overlook Fairmount Avenue. Distinguished as a "city within a city," The Philadelphian spoils its residents with an array of onsite conveniences, including a restaurant, grocery store, medical facilities, and beauty salon, minimizing the need for extensive travel in daily routines. For those occasions when ventures beyond the complex are necessary, a dedicated shuttle bus operates throughout the day, facilitating transportation throughout Center City.Residents of The Philadelphian relish in the benefits of round-the-clock doorman service, access to indoor and outdoor pools, and a fully-equipped fitness center, enriching both work and leisure experiences.************This sale includes unit 1A6 and 1A7 ************
Rarely does an opportunity arise to acquire 2 office spaces in one on the ground floor of The Philadelphian, renowned for its luxurious amenities and convenient services. This unique offering presents a chance to own 1,338 square feet of prime office space ideal for professional, legal, or medical purposes. While it may require some sprucing up to align with your vision, this office space presents an ideal opportunity for individuals seeking a place to call their own. The current layout boasts two well-appointed reception areas, two entrances, two inviting sitting spaces, multiple private offices, designated workstations, and two full bathrooms bathrooms, ensuring functionality and comfort for various business needs. Additionally, the option for garage parking is available for an added fee, subject to availability, while ample free street parking further enhances accessibility for clients and staff. The two main offices overlook Fairmount Avenue. Distinguished as a "city within a city," The Philadelphian spoils its residents with an array of onsite conveniences, including a restaurant, grocery store, medical facilities, and beauty salon, minimizing the need for extensive travel in daily routines. For those occasions when ventures beyond the complex are necessary, a dedicated shuttle bus operates throughout the day, facilitating transportation throughout Center City. Residents of The Philadelphian relish in the benefits of round-the-clock doorman service, access to indoor and outdoor pools, and a fully-equipped fitness center, enriching both work and leisure experiences. ************This sale includes unit 1A6 and 1A7 ************
Calling all Investors/Developers/Owner users. 2 Great new listings located in the highly sought-after Queen Village neighborhood and situated on the Famous Fabric Row. Both properties are zoned CMX2 - Commercial mixed use with many possibilities and can be sold separately or together as a package. 703 S. 4th Street is a 3 story -16-foot-wide building consisting of a 1st floor commercial space plus a Bilevel 3-bedroom apartment and asking $550,000. The bilevel apartment needs updating. 703 S. 4th Street is a 3 story - 14-foot-wide building consisting of a 1st floor commercial space with a Bilevel apartment above and asking $450,000. This property is in shell condition. 703 & 703 S. 4th Street are both separately deeded MUST be bought together as a package and asking $1 million dollars. The location is A+ with lots of foot traffic and within walking distance to many shops, restaurants, cafes, parks and playgrounds and also in the Award Winning - Blue Ribbon Meredith School Catchment. Come see this terrific investment. Bring your imagination and don't let this opportunity pass you by.
Business and Development opportunity in the Francisville area! This unique property is CMX 2.5-- mixed use. The Bottom level of this building is currently being used to store cars, basement area fully cleaned out. There is a fully renovated and beautiful apartment on the 2nd level of this property. It features 3 generous sized bedrooms with beautiful finishes. The living room has a wood burning fireplace, very large eat-in kitchen with tons of storage space. This property is 40x100 with access to the back street. Located in the Heart of Francisville with tons of creative and beautiful new construction. take advantage of the 10 year tax abatement on this property; The possibilities are endless here - if you want to open a business, it's ready! if you want to redevelop it's ready! Drive by the area and see what's happening here. Make your offer today.
Currently occupied as a professional office, this sprawling bi-level commercial condo is zoned CMX-3, affording a variety of uses including residential. This turn-key property was designed by architect David Beck, and is located on one of Old City's most beloved historic streets. Once home to Marquetand Candy Company, the property was converted to luxury condos in 1982 while retaining the authentic industrial vibe. Unit B opens with an upper office on the split level, facing the historic cobblestone street, suitable for reception, and two sizeable interior offices with large windows facing front, along with a bathroom and storage area. Step down the new iron staircase into the lower level, currently outfitted as a spacious conference room and an activity space beneath an airy, two-story atrium. You'll also find a sizeable kitchen space with an epoxy concrete floor and bathroom with shower, along with additional storage. The space feels bright, lofty and authentic to its industrial beginnings, with soaring 20' ceilings, massive exposed wood beams, and oversized windows providing brilliant sunlight which flows throughout the space. And the location cannot be beat: fine dining, unique boutiques, exciting galleries, welcoming local makers, and a thriving business community are right outside your door.Impressive as a professional office, this 2,300+ sq ft condo offers immense potential for a stunning residence in the heart of vibrant Old City. Bring your architect and your vision, and re-imagine this inspiring space to suit your unique urban lifestyle. Call to schedule your private showing of this distinctive Old City property.
Presenting an excellent investment opportunity for a mix-use property in the heart of Queen Village. It has an IN-PLACE rent roll of $164,158 per year with additional upside for new owner. Large spacious apartments that are easy to rent and prime retail locations near Famous Deli. An estimated net operating income of $137,941 yield nearly a 7.00% cap rate on purchase, well over the current interest rate. Don't miss this chance to own an investment grade real estate in Queen Village where homes regularly sell for millions and business owners desire to launch their venture.
300 South Street represents a truly rare opportunity to purchase a Philadelphia landmark and second generation bar/restaurant, the former Jon's Bar and Grille. This property features an abundance of unique characteristics: prominent corner location on the vibrant and iconic South Street commercial corridor; two full kitchens, each with a large hood; large outside seating areas in both the ground floor patio and the second floor deck; and the famous Larry Fine (Three Stooges) mural. There is a liquor license registered to the property and included in sale. Restaurant operators -- do not miss this opportunity to finally own the real estate instead of renting!
Nestled in the historic Fairmount section of Philadelphia, you'll find a unique and captivating property that blends two rowhomes into a single, spacious property, which envelopes a charming interior, enclosed courtyard. Currently serving as an office space, this extraordinary property has the potential to be transformed into a one-of-a-kind office building. As you approach the house, the first thing you notice is its classic Philadelphia brick faade, a nod to the city's rich architectural heritage. The interior carries the same character, with original brick walls and mill work that gives the house a traditional colonial feel. There are a series of offices and conference rooms within the property that span over 3 stories; there are also 3 full bathrooms, a kitchen and additional small kitchenette, 2 working wood-burning fireplaces, interior courtyard, a basement for storage, an elevator and two separate entrances to the property. Located on a beautiful street in the heart of Fairmount, close to restaurants, shops, public transport and more, this unique property would make a great office space and can easily be converted into a dream home.
Welcome to South Street!! This Mixed-Use Residential-Commercial building is perfect for an owner-occupant store + residence. Positioned along the renowned South Street Commercial Corridor, this property unveils a fully-equipped, turn-key Ice Cream store, complete with all essential equipment and features, along with a 1,200 square foot, bi-level, 1-bedroom apartment with a roof deck with outstanding views of the city and skyline! The store space is ready for use while the apartment unit is tenant-occupied at $1,500 per month. Step into the next generation of the South Street Commercial Corridor!
1235 & 1237 Point Breeze Avenue: a package of mixed-use properties for sale on the main commercialcorridor of Point Breeze. These properties are newly renovated as of 2022, and offer central air/heat to the commercial units, and mini-split air conditioning in each residential unit with in-unit W/D. 1235 Point Breeze Ave has one commercial unit leased by Kosher Jawn (coming soon!), two 1BD/1BA apartments, and a garage. Sellers would like to lease back the garage. 1237 Point Breeze Ave has one commercial unit and a bi-level 2BD/1BA apartment. Explosive growth is happening all around the neighborhoods of Point Breeze, Grays Ferry & West Passyunk. THESE TWO BUILDINGS ARE BEING SOLD AS A PACKAGE.SHOWING INSTRUCTIONS: PLEASE CONTACT ALEXANDRA CHAREN DIRECTLY TO SCHEDULE ALL SHOWINGS. A MINIMUM OF 24 HOURS' NOTICE IS REQUIRED FOR ALL SHOWINGS.
Welcome to an excellent investment opportunity at 1258 South 17th Street, a prime apartment complex nestled between Center City and South Philadelphia. With its strategic location, easy access to the city center, and nearby highways, this property offers both convenience and potential for a savvy investor.Property Details:Address: 1258 South 17th Street, Philadelphia, PAProperty Type: Apartment ComplexUnits: 6 (1 studio unit & 5 two-bedroom, one-bathroom units)Occupancy: Fully occupied, generating $6,200 monthly in rent revenueAmenities: Central air conditioning, spacious layouts adaptable for any tenantLocation Highlights:- Centrally located, approximately 7 minutes from City Hall and 10 minutes from major highways (I-76 and I-95)- Close proximity to Broad Street and Washington Avenue, hubs of activity in the Philadelphia area- Part of a group of townhouses, situated on the corner of 17th and Wharton- Convenient access to public transportation optionsNeighborhood Amenities:- Grocery store conveniently located across the street- Variety of businesses including nail salons, restaurants, and more in the immediate vicinity- Community gardens and parks within walking distance, offering a touch of nature in the cityInvestment Potential:- Currently generating steady rental income, with potential for future growth- Prime location with high demand for rental properties- Opportunity for value appreciation over timeDon't miss out on this opportunity to add a lucrative city investment property to your portfolio, whether you are a novice OR an experienced investor. Contact the listing agent today for more information and to schedule a viewing.
Introducing "Bainbridge Lofts" at 710-16 South American Street: a turnkey, stabilized loft apartment building located in the coveted Queen Village submarket of Philadelphia, Pennsylvania. With 13 units and 30 parking spaces in a private, secure garage, Bainbridge Lofts provides residents with the ultimate urban lifestyle rooted in convenience and character. With exposed brick and beam throughout the property, tenants feel instantly at home, tucked away on a quiet, extremely well-maintained street (the property runs from South 3rd Street to American Street) in a location that's walkable to many of the city's top restaurants, cafes, parks and shops. Hardwood floors, stainless steel appliances, quartz countertops, spiral staircases, shaker cabinetry and exposed ductwork lend additional interior appeal, while the redbrick facade provides immediate curb appeal. Assumable financing is in place (subject to lender approval) with a highly-attractive 4.85% interest rate through November 1st 2027, with a 5-year extension option available through 2032. Generational blue-chip multifamily assets such as Bainbridge Lofts rarely come to market due to limited supply in the residential neighborhoods they inhabit. Tangible rental upside exists for new ownership to raise rents via cosmetic enhancements if desired. This could be done on an unobtrusive basis (unit by unit rather than full building) so as to not disturb the existing tenant base. Located just outside of the urban core in a tranquil setting with convenient connections to all of Philly's main arteries and roadways, Bainbridge Lofts is positioned for sustainable demand for decades to come.
Situated at 1729 Ridge Avenue, this mixed-use building comprises three units, featuring a ground-floor commercial space and two residential units on the floors above. Recently renovated, the apartments boast new flooring, kitchens, bathrooms, and updated systems. Each unit is individually metered, with tenants responsible for utilities.The commercial space is well-suited for an owner-occupant business. Spanning from Ridge Avenue to Cambridge Street, the property offers exclusive rear access to the residential units. Nestled in a Qualified Opportunity Zone (QOZ), the centrally located property is positioned between Fairmount, Girard College, and Temple University.
7 unit apt. building in a great location in the Francisville neighborhood with 7 PARKING SPOTS under a carport with direct access to the building from the carport built in 2018, fully rented. There are 6 2br units and 1 one bedroom unit with beautiful interior finishes. The 2 br's have two baths, the one bedroom has 1 bath. Central air. The washers and dryers are in the 2 br units and the 1 br unit. No work needed. The pictures are representative of one 2 br unit which all other 2 br units are the same except the 1st floor units have a balcony. The parking is rare in this neighborhood and attracts tenants. There is a tax abatement still in place.
Mixed Use Property in sought after Queen Village! Fabric Row! 11 years old. 2 Commercial Spaces & 2 Newer 1 Bedroom Apartments. Built from the ground up with Concrete Block. 1st Floor & Basement - Commercial Space with Large Open Floor Plan, Mable Floors, Full Bath & Private yard (would make a nice professional office). 2nd & 3rd Floor - 2 Large, 1 Bedroom Apartments with Hardwood Floors and New Kitchen. All are Self Contained.
Discover the ultimate investment opportunity with this outstanding mixed-use property, perfectly poised to capitalize on both commercial and residential potential. On the ground floor, a commercial space currently houses a deli and storefront which comes with a well-equipped kitchen and ample storage. This unit is secured with a solid lease agreement, offering six years of guaranteed income within a ten-year lease term at $1900/mo (triple net lease). Unit One: This expansive apartment features 2 bedrooms and 1 bathroom spread over 1150 square feet, currently rented at $1200/mo through April. Hardwood floors and in-unit laundry ensure comfort and convenience in this apartment. Unit Two offers 2 bedrooms and 2 bathrooms across 1100 square feet, including hardwood floors, granite countertops, and in-unit laundry. This unit is currently rented at $1200/mo through July 2024. Strategically positioned, this property enjoys close proximity to City Hall, enhancing its visibility, accessibility, and increased income potential. Moreover, with convenient access to the Broad Street Line and I-95, major bridges, and highways, commuting is a breeze. The neighborhood boasts an array of amenities, including pharmacies and grocery stores, all within easy walking distance. Seize the opportunity to secure steady rental income and luxurious living spaces in one of the city's most sought-after areas near Temple's Sports Complex. Schedule your showing today and unlock the potential of this exceptional property!
Great Opportunity in a Prime Queen Village Location. Just steps off of Headhouse Sq, this fully occupied mixed use building is zoned CMX2 . The first floor is home to a thriving bookstore that is a neighborhood staple. The commercial space features a half bath and full access to the basement offering ample storage. The 2nd & 3rd floors house a large bi-level apartment with 3 bedrooms 1.5 bath's, 2 outdoor spaces and is occupied by longterm tenants. Fantastic location and solid rental history make this a great investment.
Welcome to an exceptional investment opportunity in the vibrant Fairmount neighborhood of Philadelphia! This premier development site offers approved zoning plans for a six-unit apartment building, strategically positioned to provide luxury living in one of the city's most sought-after locations. This offering includes fully approved zoning plans for a contemporary six-unit apartment building, designed to maximize space, comfort, and style. The plans feature three 3-bedroom, 3.5-bathroom units and three 2-bedroom, 2.5-bathroom units, with a roofdeck ensuring a diverse array of living options to meet market demands. Total building square footage is nearly 8,000 when including the basement.
New construction in Fairmount/Francisville offered at 8.11%. This new construction 6 unit multifamily (5 residential and 1 commercial space) building comes with an approved FULL 10 YEAR TAX ABATMENT (fully abated 100% on the property assessment for the entire 10 year period) and 1 year builder warranty. Featuring a first floor commercial space, (1) studio apartment, (2) two bedroom, two full bathroom single floor apartments, and (2) two bedroom, two and a half bathroom bi-level apartments with private roof decks. Each apartment is finished with high-end quality finishes to attract and retain tenants. Located in the heart of Francisville, 4 blocks from The Divine Lorraine, short walk to public transportation (SEPTA Girard/Broad St Station), The Met Philadelphia, along with coffee shops and restaurants. The Fairmount/Francisville neighborhood is popular among renters due to its close proximity to Center City and Temple University and all the amenities that are walkable (supermarkets, coffee shops and restaurants, public transportation, entertainment venues and fitness studios). Reach out for more details and info.
Sought after Francisville 3 sty Grand mixed use asset property with CMX4 zoning in place that presents numerous high density redevelopment options by right, can be condos, apartments, or whatever new developer desires , Historical certificate in place for once a non-profit business, building is now a shell total rehab needed, AS IS condition Sale, location is close to Broad St subway line, near Temple university & center city, come view possibilities, call Agent for access
Hot location next to St. Joseph's Prep School and 2 blocks from Subway at Broad and Girard. RM-4 zoned, 20 X 105 Lot with three story building containing 4 - 1 bed apartments and the entire first floor open area with bath and kitchen zoned for social hall use. High ceilings, basement and a large back yard. Potential income: 4 units @ 1300 per month plus the large open space. Architectural plans in hand ready to submit for a rehab permit. (You can check the possibility to make 2 more units with zoning application). LLC owning this property has two members with active real estate licenses in PA and NJ.
Calling investors! Great opportunity to purchase a legal triplex located in Newbold section on South Philly just a block from Broad Street. The building features 2 nice sized residential one bedroom units over a ground floor commercial space. Commercial space is roughly 700sq/ft with half bath, large storefront window, and rear yard with direct access to the street. Separate entrance provides access to the second floor and the 2 occupied residental one bedroom units. Both units offer combined living/kitchen layout with large bedrooms with double closets located in the front of the building. Each has updated bath as well. Separate basement located through bilco doors houses extra storage and utilities. Located close to Broad Street for easy access to public transportation and walking distance to many great bars/restaurants and businesses in South Philly.
INVESTOR ALERT!!...Mixed use, two unit, located ULTRA PRIME, historic, HeadHouse Square in Society Hill! This property currently has the first floor/basement retail continuously occupied by Tullycross Fine Irish Handcrafts since 1988 (month to month lease) and a residential bi-level owners unit offering 2 beds / 2 baths (vacant). Residential unit (2nd floor of building) offers first level LR/DR/Kitchen and upper level loft area flex space perfect for office, guests, peloton and much more! Property was owner occupied since 1988 and has been maintained well including a new roof and updated HVAC. Private rear courtyard off first floor. Commercial rental comps in the $2500-$3000/month range. Residential comps in the $2400-$2600/range. Projected Gross Ann. Inc $5000/month+ making this a 7+ cap in an A++ location. Lot is 16x61 and is zoned CMX-1. CMX-1 does not always require commercial usage (please consult a zoning attorney if you're interested in a conversion to single family). Property is located in the McCall elementary school catchment area. Versatile opportunity, to owner operate, house hack, redevelop, or cash flow. Located in the heart of Society Hill - walk score of 98 - no car needed, bike score of 87, transit score of 96 offering easy access to 95/676/76, SEPTA, and other public transportation. In close proximity to the Society Hill corridor restaurants, nightlife, coffee shops, gym, shopping, cafes, and parks. PROPERTY BEING SOLD AS-IS / WHERE-IS.
