2558 FRANKFORD AVE Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19125
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $131
Subdivision East Kensington
MLS Listing ID PAPH2378006
Originating Board BRIGHT
Year Built 2017
Annual Tax Amount $3,173
Tax Year 2024
Lot Size 1,147 Sqft
Acres 0.03
Lot Dimensions 20.00 x 57.00
Property Description
Incredible commercial mixed use opportunity directly on Frankford Ave flanked by new apartment buildings and many neighborhood favorites including Hello Donuts + Coffee, Lost Bar, Martha, Philadelphia Brewing Company, & Thunderbird Salvage. Very convenient location with an 88 walk score and quick access to the Berks and York stations, multiple bus routes, and on ramp for 95. Built in 2017 with a handsome facade and Andersen windows, the previous owner had plans approved for 1 commercial unit and 2 residential units. The projected spaces are currently framed to original specs with partially installed plumbing, ductwork, and sprinklers and additional materials included in the sale. Commercial unit is a large blank canvas with standing basement, private backyard access, and a large frame window to take advantage of all the walk by traffic. Sunny residential units above are currently framed as 1 bedrooms with spacious open concept living/dining features. Enjoy some passive income with $5,000+ rent roll potential!
Location
State PA
County Philadelphia
Area 19125 (19125)
Zoning CMX2
Interior
Hot Water None
Heating None
Cooling None
Inclusions Uninstalled lumber/materials
Heat Source None
Exterior
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Lot Description Rear Yard
Sewer Public Hook/Up Avail
Water Public Hook-up Available
New Construction Y
Schools
School District The School District Of Philadelphia
Others
Tax ID 885371800
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Private,Other
Listing Terms Cash,Private,Other
Financing Cash,Private,Other
Special Listing Condition REO (Real Estate Owned)