$76.64 Per Sq Foot $1,851 est/mo Sourced by Back At You

2837-41 N 5th St,Philadelphia, PA 19133

Philadelphia PA, 19133

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Description

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.

Details

MLS#PAPH2339528
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1920
Days On Site106
Listing Provided ByQuality Real Estate-Broad St | Celenia Martinez
Buying Commision2.5% Of

Features

SQ Feet4,500
ZoningC2
Acreage0.02

Market Activity 19133

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Listings Checked: 3 minutes ago
StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19133
Area19133
Community NamePhiladelphia (north)
School DistrictPhiladelphia City
Listing VS Median (in Philadelphia (north))
Price:
$344,900
low | high
Med:
$85,000
100% of Average
SqFt:
4,500
low | high
Med:
1,120
100% of Average
$ / SqFt:
$77
low | high
Med:
$76
50.980615499317% of Average
On Site:
106
low | high
Med:
31.000000
100% of Average
Sourced by Back At You
Listing Updated: June 1, 2024 at 5:30:16 AM PDT