For Sale
For Sale
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Total Building Size
3,855 RSF
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Overview
Culturally diverse West Philly is a largely residential area. Tree-lined Spruce Hill, known for its stately houses, attracts young, upwardly mobile denizens. Residents of bohemian Cedar Park hang out at the acclaimed Dock Street Brewery and the area's low-key bars. Baltimore Avenue, one of the area's main corridors, provides a vibrant mix of global eateries, eclectic cafes and art galleries. Lancaster Ave is another major commercial corridor providing access from University City to West Philadelphia. The Property 1406-12 N 50th Street is an incredible opportunity to purchase a total of 4 parcels with an existing business operating within one. This property provides the potential to build residential and expand up on the multiple included parcels for an incredible investment and development opportunity. The Business This asset is currently occupied by a well established and high cash flowing auto body repair business. The building also features and upstairs office and storage. The owner has agreed to share business financials with a qualified buyer, and the current staff has agreed to stay in place to continue running the business for the new owner. This is an incredible opportunity for an investor who would like to acquire an income producing asset and accumulate funds for further development or investments.
Property Details
Culturally diverse West Philly is a largely residential area. Tree-lined Spruce Hill, known for its stately houses, attracts young, upwardly mobile denizens. Residents of bohemian Cedar Park hang out at the acclaimed Dock Street Brewery and the area's low-key bars. Baltimore Avenue, one of the area's main corridors, provides a vibrant mix of global eateries, eclectic cafes and art galleries. Lancaster Ave is another major commercial corridor providing access from University City to West Philadelphia. The Property 1406-12 N 50th Street is an incredible opportunity to purchase a total of 4 parcels with an existing business operating within one. This property provides the potential to build residential and expand up on the multiple included parcels for an incredible investment and development opportunity. The Business This asset is currently occupied by a well established and high cash flowing auto body repair business. The building also features and upstairs office and storage. The owner has agreed to share business financials with a qualified buyer, and the current staff has agreed to stay in place to continue running the business for the new owner. This is an incredible opportunity for an investor who would like to acquire an income producing asset and accumulate funds for further development or investments.
- Property TypeRetail
- Sale Price$899,999
- Total Building Size3,855RSF
- Total Acres0.06
- Building ClassC
- Sale StatusAvailable
- Property ID2136337