510-16 W PIKE ST W Active

Philadelphia,PA 19140

$ 798000

- Bed

- Bath

7440 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 7,440 sqft

Price per Sqft $107

Subdivision Philadelphia (Northwest)

MLS Listing ID PAPH2390172

Year Built 1942

Annual Tax Amount $5,338

Tax Year 2022

Lot Size 3,720 Sqft

Property Description

One-of-a-kind offering! CASH FLOW! TURN-KEY! 8.6% cap! Attention ALL: this is a rarely offered commercial building for sale! Fully Leased to Long-term Daycare & Event Space Tenants (100% Occupied), Stand Alone building. Completely renovated from top to bottom with an updated roof. Legally zoned multi-use commercial buildings have many possibilities. Over 7,400 square feet, 3 entrances, and 2 rear exits, open floor plan, new roof, new dual HVAC systems, 2 kitchens, 5 baths, street access to the basement, 2 illuminated signs, security gates, annually inspected fire alarm and monitoring system. There is a large apartment building 1 block away, and more developments are in progress. Convenient to public transportation, parks, and major highways (Rt. 1, Rt. 611/Broad Street), shopping, and much more. Come and grab your opportunity today! Schedule your showing today!

Location

State PA

County Philadelphia

Area 19140 (19140)

Zoning CMX2

Interior

Hot Water 60+ Gallon Tank,Multi-tank

Heating Baseboard - Electric,Hot Water & Baseboard - Electric,Programmable Thermostat,Wall Unit

Cooling Programmable Thermostat,Wall Unit

Flooring Luxury Vinyl Tile,Laminated,Ceramic Tile

Exterior

Utilities Available Electric Available,Natural Gas Available,Phone,Sewer Available,Water Available

Waterfront N

Water Access N

Roof Type Rubber

Building

Sewer Public Septic

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Acceptable Financing Cash,Conventional,Negotiable,Private,Variable

Listing Terms Cash,Conventional,Negotiable,Private,Variable

Special Listing Condition Standard

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