6076-6080 Ridge Ave - Storefront Retail/Residential FOR SALE


Philadelphia, PA 19128
$1,550,000 USD
215-601-4878
6076-6080 Ridge Ave, Philadelphia, PA for Sale
$1,550,000 USD
Storefront Retail/Residential - FOR SALE
1/18
null | Request Cap Rate

6076-6080 Ridge Ave
Philadelphia, PA 19128


OVERVIEW

MPN Realty, Inc., is proud to exclusively represent the ownership in the sale of 6076-80 Ridge Avenue in the Roxborough neighborhood of Philadelphia. This property sits at the corner of Ridge avenue and Conarroe street, centrally located along the Ridge Avenue commercial corridor. Built in the 1850s both 6080 and 6076 were added to the Ridge Avenue Historical District with the creation of the district in 2017. Although they remain separately deeded the properties were connected and currently provide for five apartments on the upper floors with a ground floor commercial space, currently operating as the Tavern on Ridge. However the building is zoned for four units the current owner demised the largest unit to create and additional one. The apartments were recently upgraded and are well maintained. The commercial tenant occupies the entire space but a future owner could demise the space again to provide for two unique commercial spaces.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$263 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tavern on Ridge

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1850

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,454 SF

ZONING

CMX-2.5

APN/PARCEL ID

871277250

ASK ABOUT THIS PROPERTY

Steven ClofineMPN RealtyMore Info
215-601-4878

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Steven ClofineMPN RealtyMore Info
215-601-4878

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