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Investment Opportunity with High Foot and Car Traffic - Prominent Downtown Location. Featuring a ground-floor shop strategically positioned to capture the bustling foot and car traffic, along with three residential apartments above. Benefitting from the high visibility and accessibility, the property yields an impressive annual rental income of $231,350. The established Japanese ramen and sushi restaurant on the premises has successfully operated for 17 years, drawing in a steady flow of customers from the vibrant surroundings. With a solid return on investment standing at 6.5%, this opportunity offers the potential for long-term growth and profitability in a prime urban setting.
Property Type(s):
Commercial
| Last Updated | 1/9/2025 | Year Built | 1900 |
|---|---|---|---|
| Community | 19107 (19107) | County | PHILADELPHIA |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 19107 (19107) |
| HEAT | Forced Air, Natural Gas |
| LOT | 2178 sq ft |
| LOT DIMENSIONS | 21.00 x 107.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| TAXES | 19590 |
| WATER | Public |
Location
Listing provided by Home Vista Realty
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Data last updated: 1/9/25 11:20 PM PST
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