4621-4627 Frankford Ave - Office FOR SALE


Philadelphia, PA 19124- Frankford
$1,400,000 USD
908-938-7638
4621-4627 Frankford Ave, Philadelphia, PA for Sale
$1,400,000 USD
Office - FOR SALE
1/11
null | Request Cap Rate

4621-4627 Frankford Ave
Philadelphia, PA 19124
Frankford


HIGHLIGHTS

  • Truist Bank recently renewed and currently occupies 3,137 RSF on the first floor operating as a retail branch
  • Retail space includes a built-in safe
  • Vacant office space available in the basement, first floor, and second floor; measuring 9,075 RSF
  • Fenced-in parking in the rear of the property
  • Four (4) additional parcels used for parking is included in sale; 4608-4614 Paul St

OVERVIEW

Located in the Northeast section of Philadelphia, 4621-4627 Frankford Ave is a two-story mixed-use retail and office building ready for a user, investor, or developer. The property is anchored by the retail tenant, Truist Bank, located on the corridor of Frankford Ave directly adjacent to the Market-Frankford subway line. Truist Bank currently occupies 3,137 RSF on the first floor operating as a retail branch with safe. Vacant office space available in the basement, first floor, and second floor; measuring ±9,075 SF; formerly occupied by a non-profit organization. The rear of building is fenced for secured parking. This sale includes extended parking lots located at 4608-4614 Paul St, measuring an additional ±8,183 SF.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$115 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Bank

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,862 SF

ZONING

CMX-2

APN/PARCEL ID

882963500

ASK ABOUT THIS PROPERTY

Tommy ChoiGreenwood Commercial Real EstateMore Info
908-938-7638

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Tommy ChoiGreenwood Commercial Real EstateMore Info
908-938-7638

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