358 Snyder Ave , Philadelphia, PA 19148
Philadelphia, PA 19148
Description
Sat along the border of Philly's booming Pennsport and Whitman neighborhoods, 358 Snyder Ave is a fully occupied, mixed-use property offering a fantastic investment opportunity in a prime location. Zoned RSA5 with use variance for a bar/restaurant, the building has a street-level commercial space and two 3-bed, 1-bath apartments on the upper floors. The commercial space is leased by a sushi restaurant for $2,650/month through 2030. It features a front prep area and cash wrap, a rear dining area, storage, and a restroom on the main level, along with a fully functioning professional kitchen and refrigerator walk-ins on the lower level. The space is also fitted with a high-efficiency commercial heating and an a/c system. The two apartments are currently leased as a bundle for a total of $1,500 on a month-to-month basis. Each has 3 bedrooms, 1 bathroom, a full kitchen, and separately metered all-electric appliances. The units could rent for $1,300/month individually in their current condition or capture a higher price with renovations. 358 Snyder Ave's central location is surrounded by business corridors and new construction, earning a Walk Score of 93! Snyder Ave is a neighborhood hub home to many local businesses while intersecting E Moyamensing Ave is lined with popular restaurants and shops. Sprawling parks that host community events and farmer's markets are nearby, plus Target, ACME, Lowe's, and IKEA are less than a 5-minute drive. There's also easy access to public transit, the sports complex, Columbus Blvd, I-95, I-76, and South Jersey. Schedule your showing today!
Details
| MLS# | PAPH2325696 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1905 |
| Days On Site | 231 |
| Listing Provided By | KW Empower | Katherine McCann |
Features
| SQ Feet | 2,604 |
|---|---|
| Zoning | RSA5 |
| Acreage | 0.03 |
Market Activity 19148
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Learn More About This Property
| State | PA |
|---|---|
| County | Philadelphia |
| City | Philadelphia |
| Zip Code | 19148 |
| Area | 19148 |
| Community Name | Pennsport |
| School District | The School District Of Philadelp |
| Listing VS Median (in Pennsport) | |
Price: $575,000 low | high Med: $359,000 SqFt: 2,604 low | high Med: 2,376 $ / SqFt: $221 low | high Med: $151 On Site: 231 low | high Med: 180.000000 | |