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Listed by Dayhna Carroll • LYL Realty Group
$189,000
Est. payment /mo
1,742 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Cedar Park
MLS Listing ID PAPH2584286
Year Built 1925
Available Date 2026-02-20
Annual Tax Amount $4,023
Tax Year 2025
Lot Size 1,742 Sqft
Acres 0.04
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Discover a prime investment opportunity in the heart of Cedar Park with this 1925 masonry commercial property. Boasting a great busy block, this property is ripe for redevelopment or renovation, offering significant potential for value appreciation. Currently requiring major rehabilitation, this property presents a blank canvas for savvy investors looking to capitalize on the growing demand in the area. With the right vision, transform this space into a lucrative rental or commercial venture that caters to the evolving needs of the community. The property's strategic location enhances its appeal, providing easy access to local amenities and services, which can attract a diverse clientele. On-street parking adds convenience for both tenants and customers, further increasing its marketability. Investors will appreciate the potential for strong returns through rental income or resale after improvements. The Cedar Park area is experiencing growth, making this an opportune time to invest in a property with substantial upside potential. Seize the chance to revitalize this historic gem and position yourself for future success in a thriving market. Join the Baltimore Ave corridor, enjoy easy public transportation, and be minutes from Penn and Drexel. , You are just 15 minutes to Center City and a short drive to all major roadways. Don't miss out on this exceptional investment opportunity!
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning CMX2
Interior
Hot Water None
Heating None
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 462125800
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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