Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1940
Sq.Footage
N/A
DRASTICALLY REDUCED!! HIGHLY MOTIVATED SELLER!! Calling all Builders, Developers and Investors: Here is an excellent opportunity to purchase income producing garage space with lots of potential in the red hot Fishtown, America's hottest neighborhood according to Forbes. The 4,500 sq.ft. garage has high ceilings and comes with an existing tenant that will provide you with immediate income to add to your portfolio. OR The land itself is zoned as IRMX, which allows for a variety of uses, as well as building heights up to 60'. No variances are required to tear down the existing garage and build 24 units to maximize your investment. (See building plans attached). Located in a Qualified Opportunity Zone (QOZ). Environmental testing has been completed. There are several other projects of similar scale underway nearby including Multi-family, mixed use and commercial purposes. Walking distance to the Market-Frankford Line and two major commercial corridors- Front Street and Frankford Avenue. Short distance to major highways making an easy commute in and out of the city. The seller is highly motivated and ready for a quick sale.
Features & Amenities
Interior
Area & Lot
-
Lot Size(acres)
0.1
-
Property Type
Commercial Sale
Exterior
-
Garage
No
-
Parking
On Street
Financial
-
Sales Price
$1,499,000
-
Tax Amount
4372.0
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Kathleen Mizia
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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