Philadelphia, PA 19124,FRANKFORD MIXED USE PROPERTIES
Philadelphia, PA 19124,FRANKFORD MIXED USE PROPERTIES
Philadelphia, PA 19124,FRANKFORD MIXED USE PROPERTIES
Philadelphia, PA 19124,FRANKFORD MIXED USE PROPERTIES
Philadelphia, PA 19124,FRANKFORD MIXED USE PROPERTIES
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Listed by Maria Maria Quattrone Quattrone • RE/MAX @ HOME
$ 2,445,000
Est. payment | /mo

2,565 SqFt


Save
$ 2,445,000
Est. payment | /mo
Save

2,565 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,565 sqft

Price per Sqft $953

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

Bright MLS (BMLS)
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(240) 604-9639

charles@heywardhomes.com

16701 Melford Blvd, Ste 100, Bowie, MD, 20715

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FRANKFORD MIXED USE PROPERTIES