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Listed by Peter Han • PK PROPERTY INC.

$359,000

Est. payment - /mo

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1,440 Sqft Lot

Active

2246 RIDGE AVE Philadelphia, PA 19121

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Lee Wilson

lee@wilsongateproperties.com +1(240) 237-9101

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2536626

Year Built 1915

Annual Tax Amount $1,672

Tax Year 2025

Lot Size 1,440 Sqft

Acres 0.03

Lot Dimensions 18.00 x 80.00

Property Sub-Type Retail

Source BRIGHT

Property Description

A busy and busy business district at a major intersection. The current owner for 35 years , a store on the first floor of a three-story building. It's stocked with merchandise and used to be a beauty supply store. Currently a married couple operates it for short hours, 9 a.m. to 6 p.m., closed on Sundays. The interior is well-maintained. The second and third floors are stocked with inventory. Newcomers could potentially increase sales. Inventory totals can be approximately $200,000.00, Anyone who buys the building can own this inventory without paying. A lots of potential. sales around $7,000.00 per week , No employees , annual business expenses: utilities : $7800.00 , insurance : 2900.00, other s: 6000/ year. annual net around $90,000.00 yearly. operating business now

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Forced Air, Central

Cooling Central A/C

Inclusions 3 story building and equipment and goodwill including inventory worth approximately $200, 000.00

Heat Source Electric, Natural Gas

Exterior

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

Water Access N

Accessibility Doors - Lever Handle(s)

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871538790

Ownership Fee Simple

Special Listing Condition Standard