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Listed by ERIC FARHAT • RE/MAX Preferred - Cherry Hill
$180,000
Est. payment /mo
966 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2569398
Year Built 1930
Annual Tax Amount $671
Tax Year 2021
Lot Size 966 Sqft
Acres 0.02
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Prime mixed-use investment opportunity in a high-visibility, high-traffic commercial corridor! This fully leased, 100% occupied property offers stable dual-income streams from day one, making it an ideal addition to any passive investment portfolio. The first floor features a well-established neighborhood grocery store tenant with strong street exposure, heavy foot/vehicle traffic, and an expansive finished basement used for inventory storage. The second floor boasts a spacious, high-demand 4-bedroom residential apartment with its own private, secure entrance separate from the retail space. The building features two separate central air conditioning systems and separate utilities. Sold strictly in AS-IS condition. Real estate asset sale only; business operations and equipment are tenant-owned. Perfect for hands-off investors seeking reliable cash flow in a desirable location. Contact the listing agent today for the financial package, lease terms, and to schedule a private walkthrough.
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning CMX2
Interior
Hot Water Natural Gas
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871518790
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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NEARBY SCHOOL & BUSINESS