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Listed by Shaquiyyah Jenkins • Domain Real Estate Group, LLC
$ 449,900
Est. payment | /mo
2,109 Sqft Lot
$ 449,900
Est. payment | /mo
2,109 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
MLS Listing ID PAPH2588350
Year Built 1925
Annual Tax Amount $4,414
Tax Year 2025
Lot Size 2,109 Sqft
Acres 0.05
Lot Dimensions 41.00 x 53.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Opportunity is knocking down your door! This +/-4,000SF corner property is currently Zoned CMX2. The first floor is very spacious, offering +/-2,000SF of open space that is currently being used as an art gallery, Rush Arts Philadelphia) to feature some of the most prominent up and coming artists. The first floor has been newly renovated with LVP flooring, directional lighting, large windows with pull-down gates, 2 new baths and a finished office space. The first floor footprint can easily accommodate an event space to host gatherings, parties, repasts, etc. Or perhaps use the space for a restaurant, with decent exposure being right on the corner and you can easily add a kitchen in the rear. Other uses could be a Day Care, retail store, etc. The basement is also very large and can be used for storage, as the bilco doors lead directly to Ruscomb Street. The second floor features 2 large apartments - (1) one bedroom apartment with a den/office, and 2 bedroom apartment with high ceilings, hardwood floors, and a ton of natural light. This investment property is certainly one to add to your portfolio. The downstairs is currently being rented for $3,000.00/month NNN (Lease expires Jan. 31 2027), while the apartments can fetch anywhere between $1,200.00 & $1,8000.00/month. With your vision, this can be a fantastic opportunity! Make us an offer!
Location
State PA
County Philadelphia
Area 19141 (19141)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Wall Unit
Flooring Laminate Plank
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Built-Up
Accessibility 36\"+ wide Halls
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871401010
Ownership Fee Simple
Special Listing Condition Standard
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Noelle Carter
NJ & PA Realtor | License ID: RS357559