1016-18 Race St , Philadelphia, PA 19107
Philadelphia, PA 19107
Description
REDUCED PRCE for QUICK SALE! Don't miss your opportunity for a unique Investment Opportunity in the Heart of Chinatown! Liquor License Available! Seize the opportunity to own a thriving business with a long-term lease, strategically located in the vibrant heart of Chinatown. This prime property boasts: National Long-Term Tenants:Secure your investment with existing leases held by reputable national long-term tenants. This stability not only ensures a consistent income stream but also lays a solid foundation for the future success of your venture. Profitable at 40% Occupancy:Witness unparalleled financial efficiency! The current rent roll covers the majority of expenses even at a mere 40% occupancy. Imagine the potential for increased profitability with strategic leasing and management. Versatile Spaces:This property offers versatile spaces, providing the canvas for your entrepreneurial vision. Whether you bring in new concepts or tenants, the possibilities are limitless. Customize and curate a dynamic mix that resonates with the energy of Chinatown. Long-Term Lease in Place:Benefit from the security of a long-term lease, providing stability and peace of mind for your investment. Your business can thrive and evolve over the years, establishing itself as a cornerstone of the community. Chinatown's Pulse at Your Doorstep:Immerse yourself in the vibrant culture and energy of Chinatown. With this central location, your business becomes an integral part of the local scene, attracting a diverse and engaged audience. Global Appeal, Local Charm:Embrace the global allure of Chinatown while maintaining the charm of a local business. This unique combination positions your investment as a magnet for both locals and visitors seeking an authentic experience. Your Vision, Your Success:Unleash your creativity and business acumen - this is your chance to shape the future of a prime property in the heart of Chinatown. Take the reins, bring in fresh concepts, and watch your investment flourish. Don't miss out on this unparalleled business opportunity. Contact us now to explore the endless potential that awaits you in Chinatown!
Details
| MLS# | PAPH2317142 |
|---|---|
| Listing Type | For Sale |
| Building Name | Ctown Management LLC |
| Sub-Type | Resale |
| Status | Active |
| Year | 1890 |
| Days On Site | 256 |
| Listing Provided By | OCF Realty LLC - Philadelphia | Jung Ahn |
Features
| SQ Feet | 14,000 |
|---|---|
| Zoning | CMX4 |
| Acreage | 0.17 |
Market Activity 19107
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Learn More About This Property
| State | PA |
|---|---|
| County | Philadelphia |
| City | Philadelphia |
| Zip Code | 19107 |
| Area | 19107 |
| School District | The School District Of Philadelp |
| Listing VS Median (in 19107) | |
Price: $585,000 low | high Med: $3,158 SqFt: 14,000 low | high Med: 759 $ / SqFt: $42 low | high Med: $4 On Site: 256 low | high Med: 122.000000 | |