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Rare opportunity to acquire a cash flowing value add building on one of the most iconic blocks in Old City, with highly favorable zoning to build vertical. This 3 story building houses the legendary sushi spot, Oishii Sushi & Ramen, which has been at this location for over 30 years. The current owner purchased the building with 2nd and 3rd floors un developed as raw space. Here is your chance to build multiple more stories to increase the value and cash flow. Current tenant just renewed last year for their only option in the lease.
Property Type(s):
Commercial
| Last Updated | 6/27/2024 | Year Built | 1900 |
|---|---|---|---|
| Community | 19106 (19106) | County | PHILADELPHIA |
Price History
| Prior to May 8, '23 | $850,000 |
|---|---|
| May 8, '23 - Jun 27, '23 | $799,000 |
| Jun 27, '23 - Jul 19, '23 | $750,000 |
| Jul 19, '23 - Jun 27, '24 | $699,999 |
| Jun 27, '24 - Today | $675,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 19106 (19106) |
| HEAT | Central, Natural Gas |
| LOT | 436 sq ft |
| LOT DIMENSIONS | 14.00 x 43.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| TAXES | 4018 |
| WATER | Public |
Location
Listing provided by KW Empower
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Data last updated: 1/10/25 12:11 AM PST
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