5,733 SqFt
5,733 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,733 sqft
Price per Sqft $497
MLS Listing ID PAPH2388006
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $19,590
Tax Year 2024
Lot Size 2,247 Sqft
Acres 0.05
Lot Dimensions 21.00 x 107.00
Property Description
Benefitting from the high visibility and accessibility, the property yields an impressive annual rental income of $231,350. The established Japanese ramen and sushi restaurant on the premises has successfully operated for 17 years, drawing in a steady flow of customers from the vibrant surroundings. With a solid return on investment standing at 6.5%, this opportunity offers the potential for long-term growth and profitability in a prime urban setting.
Location
State PA
County Philadelphia
Area 19107 (19107)
Zoning CMX5
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871011100
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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