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38-42 S 52ND Street

PHILADELPHIA, PA 19139
  • $2,000,000
  • STATUS: Active
  • ON SITE: 30 Days
  • ID#: PAPH2137488
UPDATED: 19 min ago
$2,000,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1925
County:

School Ratings & Info

Description

Incredible opportunity for 1031 exchange with long-term upside and development potential!! Single-tenant building fully-leased until 1/31/26. $157,388 in total income on the building. Tenant has 2, 5 year options to extend the lease. Flexible and highly-desirable CMX-4 zoning allows for massive future development potential. Within Federal Opportunity Zone!

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-19T08:59:33.21.
www.execuhome.com/homes/131055651
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38-42 S 52ND Street PHILADELPHIA, PA 19139

  • Price: $2,000,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 19 min ago
  • ID#: PAPH2137488
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1925
Built
Neighborhood:
19139 (19139)
County:
Philadelphia
Area:
19139 (19139)
School District:
The School District Of Philadelphia
Property Description
Incredible opportunity for 1031 exchange with long-term upside and development potential!! Single-tenant building fully-leased until 1/31/26. $157,388 in total income on the building. Tenant has 2, 5 year options to extend the lease. Flexible and highly-desirable CMX-4 zoning allows for massive future development potential. Within Federal Opportunity Zone!
Exterior Features

Construction Materials Masonry Garage YN No Parking Types None Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 7495.00 Cooling Other Heating Other Heating YN Yes Net Square Feet 7650.00

Property Features

Accessibility Features Level Entry - Main Assessment Year 2022 Business Type Shopping CenterBig Box Retail Central Air YN No Cooling Fuel Other Heating Fuel Other Hot Water Other Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 4 Operating Expense Includes InsuranceRepair/MaintenanceManagement Fees Original MLSNumber 801723166636 Ownership Interest Fee Simple Possession Immediate Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 6453.00 Tax Assessment Amount 461000.00 Tax Lot 276 Vacation Rental YN No Water Source Public Zoning Cmx4

Listing courtesy of Msc Retail, Inc.: .


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-19T08:59:33.21.
 
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