1237 Point Breeze Ave - Storefront Retail/Residential FOR SALE


Philadelphia, PA 19146- Point Breeze
$535,000 USD
215-805-8620
1237 Point Breeze Ave, Philadelphia, PA for Sale
$535,000 USD
Storefront Retail/Residential - FOR SALE
1/13
null | 6.07% Cap Rate

1237 Point Breeze Ave
Philadelphia, PA 19146
Point Breeze


HIGHLIGHTS

  • Stabilized Turn-Key Investment
  • Beautifully Renovated
  • Tax Abatement

OVERVIEW

Welcome to Point Breeze! This is a great mixed-use building on the constantly-improving Point Breeze Avenue commercial corridor that is beautifully renovated and fully leased. The building consists of one ground floor commercial unit leased by MU8 Beauty Studio until January 2027 and a great bi-level two bedroom apartment that is leased until April 2026! This building is a great stabilized turn-key investment with little to no maintenance on a burgeoning commercial corridor, with a property tax abatement until 2033!

FOR SALE DETAILS

PRICE

$535,000 USD

PRICE/SF

$355 USD /SF

CAP RATE

6.07%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

871 SF

ZONING

CMX2

APN/PARCEL ID

871547970

ASK ABOUT THIS PROPERTY

Dennis CarlisleOCF Realty LLCMore Info
215-805-8620

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Dennis CarlisleOCF Realty LLCMore Info
215-805-8620

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.