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510-16 W Pike Street W

PHILADELPHIA, PA 19140
  • $890,000
  • STATUS: Active
  • ON SITE: 42 Days
  • ID#: PAPH2134150
UPDATED: 36 min ago
$890,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1942
County:

School Ratings & Info

Description

One of a kind offering! CASH FLOW! TURN-KEY! 7.1% cap! Attention investors, 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 building has 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 new development housing center 1 block away and more developments are in progress. Convenient to public transportation, schools, parks, and major highways (Rt. 1, Rt. 611/Broad Street), shopping, and much more. Come and grab your opportunity today! Schedule your showing now!

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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: 2022-08-11T17:04:51.67.
www.execuhome.com/homes/130405573
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510-16 W Pike Street W PHILADELPHIA, PA 19140

  • Price: $890,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 36 min ago
  • ID#: PAPH2134150
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1942
Built
Neighborhood:
Philadelphia (Northwest)
County:
Philadelphia
Area:
19140 (19140)
School District:
The School District Of Philadelphia
Property Description
One of a kind offering! CASH FLOW! TURN-KEY! 7.1% cap! Attention investors, 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 building has 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 new development housing center 1 block away and more developments are in progress. Convenient to public transportation, schools, parks, and major highways (Rt. 1, Rt. 611/Broad Street), shopping, and much more. Come and grab your opportunity today! Schedule your showing now!
Exterior Features

Construction Materials Masonry Garage YN No Parking Types On Street Property Condition Excellent Riparian Rights YN No Roof Rubber Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling Programmable ThermostatWall Unit Flooring Luxury Vinyl TileLaminatedCeramic Tile Heating Baseboard - ElectricHot Water & Baseboard - ElectricProgrammable ThermostatWall Unit Heating YN Yes Net Square Feet 7440.00 Security Features Exterior CamerasElectric AlarmMain Entrance LockSecurity GateSecurity SystemSmoke DetectorSurveillance Sys

Property Features

Acceptable Financing CashConventionalNegotiablePrivateVariable Accessibility Features 2+ Access ExitsDoors - Swing InLevel Entry - MainLow Bathroom Mirrors48"+ Halls Assessment Year 2022 Business Type Day Care FacilityOther Central Air YN No Cooling Fuel Electric Cross Street 5th Electric 200+ Amp Service Gross Income 77400.00 Heating Fuel Natural Gas Hot Water 60+ Gallon TankMulti-Tank Internet Services Fixed Wireless Municipality Philadelphia Navigable Water YN N Net Operating Income 62562.00 New Construction YN No Original MLSNumber 801695088134 Owner Pays SewerSnow RemovalWaterTaxes - Real Estate Ownership Interest Fee Simple Possession Negotiable Property Sub Type Mixed Use Sale Type Standard Sewer Public Septic Tax Annual Amount 5338.00 Tax Assessment Amount 381400.00 Tax Lot 48 Total Actual Rent 77400.00 Transportation Bus Stop Less Than 1 MileMetro/Subway Station Less Than 1 Mile Utilities Electric AvailableNatural Gas AvailablePhoneSewer AvailableWater Available Vacation Rental YN No Water Source Public Year Built Effective 2014 Zoning Cmx2

Listing courtesy of Red Door Real Estate.


©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: 2022-08-11T17:04:51.67.
 
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