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Philadelphia,PA 19124
Key Details
Property Type Commercial
Sub Type Services
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 6,526 sqft
Price per Sqft $49
Subdivision Frankford
MLS Listing ID PAPH2529208
Year Built 1924
Available Date 2025-08-30
Annual Tax Amount $2,831
Tax Year 2025
Lot Size 3,264 Sqft
Acres 0.07
Lot Dimensions 53.00 x 61.00
Property Sub-Type Services
Source BRIGHT
Property Description
Exceptional investment and owner-user opportunity in the heart of Philadelphia's Frankford neighborhood! This two-story, 6,526 sq/ft commercial building is zoned CMX-2, offering excellent flexibility for mixed-use, redevelopment, or continued income-producing purposes. This property has two units with the 1st floor being rented by a Church and has occupied the space for a long time. The church is on a month-to-month triple net lease paying $1,500/month. The second floor is currently vacant and in shell condition. The current owner uses this second floor for storage purposes.
The building is well maintained and has two separate electric meters and one water meter. The first-floor unit is in great condition and includes forced air for heating and cooling. The church has your typical assembly hall for weekly services, common area, office, two bathrooms, and even a small kitchen area. There is a small basement accessible from the front which provides additional utility or storage space.
Located in a high-traffic area of Frankford, this property offers excellent visibility and accessibility, making it ideal for investors, business owners, or developers. With an income-producing first floor and an opportunity to add significant value on the second, this property is perfect for anyone seeking a cash-flowing investment with upside potential.
Location
State PA
County Philadelphia
Area 19124 (19124)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
View Street
Accessibility None
Garage N
Building
Lot Description Rear Yard
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 884344400
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Virtual Tour https://view.ricoh360.com/23c73167-3643-4209-a5f3-2444d464e1f9