FRANKFORD MIXED USE PROPERTIES new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19124
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 20,429 sqft
Price per Sqft $119
MLS Listing ID PAPH2530560
Year Built 1935
Available Date 2025-09-03
Annual Tax Amount $16,859
Tax Year 2025
Lot Size 0.469 Acres
Acres 0.47
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Prime investment opportunity in the rapidly developing Frankford neighborhood of Philadelphia! This rare offering features six commercial properties being sold together as one package, creating a versatile portfolio with endless potential. Zoned CMX2, the properties allow for a wide variety of uses, including retail storefronts, office spaces, residential apartments, or mixed-use redevelopment. The property currently grosses $31,650/month and $379,800/year. All of the units are powered by electric only; there is no gas. The tenants pay for the electric while the landlord covers the common area electric and water for the building. There is also an active rental license in place for the residential units. This cash flow is perfect for an investor looking to add 6 more properties to their rental portfolio. You won't even need to put any work into the units; you will have immediate cash flow from day one. Configured for office/storefront use with apartments above, this property is ideal for a variety of commercial and residential applications. The CMX2 zoning supports retail, office, and residential combinations, making it a versatile addition to any investment portfolio. Located in a growing area with strong visibility and accessibility, the building benefits from proximity to neighborhood amenities, public transportation, and major roadways. Its size, layout, and vacancy allow for immediate redevelopment, occupancy, or income-producing potential. This is a rare chance to secure a sizable mixed-use property with endless possibilities. Schedule your showing today!
Location
State PA
County Philadelphia
Area 19124 (19124)
Zoning CMX2
Interior
Hot Water Electric
Heating Other
Cooling Central A/C
Heat Source Electric
Exterior
Utilities Available Water Available,Electric Available
Water Access N
View Street
Accessibility None
Garage N
Building
Lot Description Corner,Road Frontage
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID OOOOOOOOOOOO
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash,Conventional,Other
Listing Terms Cash,Conventional,Other
Financing Cash,Conventional,Other
Special Listing Condition Standard