530 S 52nd St,PHILADELPHIA, PA 19143
PHILADELPHIA, PA 19143
Description
LOCATION! LOCATION! LOCATION! *** THIS PROPERTY NEEDS A FULL RENOVATION.*** Unlock the potential of this charming commercial property, built in 1920, offering a unique blend of historic character and modern investment potential. With a compact lot size of just 0.03 acres, this masonry structure is strategically positioned to attract foot traffic and business opportunities in a vibrant community. - The property's classic masonry construction not only adds aesthetic appeal but also ensures durability and low maintenance costs, making it an attractive option for long-term investment. - This commercial space can be adapted for various business ventures, from retail to office space, providing flexibility to meet market demands. Its historic character can be leveraged to create a unique brand identity that stands out in the local market. - With the growing demand for commercial spaces in the area, this property presents an excellent opportunity for rental income. Investors can capitalize on the potential for appreciation as the neighborhood continues to develop. - While the property does not include dedicated parking, its prime location offers easy access to public transportation and nearby amenities, making it convenient for customers and employees alike. - The absence of an association fee and the straightforward maintenance of a masonry building contribute to lower overhead costs, enhancing your profit margins. - Situated in a thriving area, this property is poised to benefit from ongoing community development initiatives, increasing foot traffic and demand for commercial services. This property is not just a building; it's a canvas for your investment vision. Whether you're looking to establish a new business, expand your portfolio, or renovate for rental income, this historic gem offers the potential for significant returns. Don't miss out on the chance to invest in a property that combines character, location, and opportunity. Contact us today to explore the possibilities and secure your stake in this promising investment!
Details
| MLS # | PAPH2628624 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1920 |
| Days On Site | 109 |
| Listing Provided By | Realty Mark Associates | Eugene Holmes |
Features
| Units | 2 |
|---|---|
| Zoning | CMX2 |
| Acreage | 0.03 |
Interior
| Cooling | None |
|---|---|
| Heating | None |
Exterior
| Construction Materials | Masonry |
|---|
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 1833 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19143 |
| Area | 19143 (19143) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19143) | |
Price: $200,000 low | high Med: $192,000 On site: 109 low | high Med: 270 | |
Market Activity 19143
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19143 |
| Area | 19143 (19143) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19143) | |
Price: $200,000 low | high Med: $192,000 On site: 109 low | high Med: 270 | |
