CONSTRUCTION HAS STARTED IN THE BELLWETHER DISTRICT. Get in at ground level! Amazing investment opportunity in the red-hot Bellwether District! Street-to-street access: Two parcels consisting of .55 acres. V sign lease income of $2,041.67 per month, 4 years left on the lease. The V sign may go digital, with double rent and value possibilities. In addition to rent, the sign company pays the seller $9,800 per year towards real estate taxes. There is a 5,200+/- warehouse with 1 spray booth, 1 large storage area, 2 lifts, 2 offices, a kitchen area, and 3 overhead doors. This property is nestled on one of the heaviest traffic counts in the City of Philadelphia by 676, and the Bellwether District is one of the Hottest growth areas in the City! Recent sales of adjacent properties will confirm the pricing.
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Listing Snapshot
Price
$2,500,000
Days On Site
141 Days
Bedrooms
N/A
Inside Area (SqFt)
5,200 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.55 Acres
Year Built
1950
MLS® Number
PAPH2424392
Status
Active
Property Tax
$13,971
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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