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Key Details
Sold Price $950,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 6,395 sqft
Price per Sqft $148
Subdivision Castor Gardens
MLS Listing ID PAPH781086
Sold Date 07/08/19
HOA Y/N N
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $8,987
Tax Year 2020
Lot Size 7,418 Sqft
Acres 0.17
Lot Dimensions 69X108
Property Description
Opportunity Knocks. NE Philly Big Commercial Building on market. First floor is 6395 sqft. Lower Level is the same size 6395 sqft. First floor split into two parts, one part (+/-1400 sqft) is leased to an Insurance Company rent 1200/month + 25% Utilities; lease expires in July 2020. The other part is +/- 5000 sqft and owner runs business as retail store for last seven years. Owner shares 25% utilities. Lower level is leased by a church, rent 2600 + 50% utilities; lease to November 2020. Each part has separate entrance and bathroom. No gas service, everything by electricity with one meter. Total 6 air conditioners for both heating an cooling. It is good for new owner to run own business on first floor and collect two rents at the same time. Or it is easy to lease out for 5000/month. It is very rear to find a so big building in NE Philly. It is good for Restaurant, After school, Daycare, Medical office or more. Business in not included, but can negotiate separately. Showing time is 10 am to 6 pm every day.
Location
State PA
County Philadelphia
Area 19149 (19149)
Zoning C
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Flooring Fully Carpeted
Fireplace N
Heat Source Electric
Exterior
Water Access N
Roof Type Flat
Accessibility 2+ Access Exits
Road Frontage Boro/Township
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 882832900
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Yan Qin • Atlantic Ocean Realty LLC