Price Reduction
Listed By:
Realty Mark Associates
Address
1642 Ridge Avenue, Philadelphia, PA
Price
$ 1,250,000
Property Attributes
  • MLS#PAPH2332444
  • TypeCommercial
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19130
  • Zip19130
  • StyleShopping Center,Restaurant/Bar,Health Club,Day Car
  • Year Built1920
  • Taxes$ 7452
  • Price$ 1,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5000
  • Lot Size0.09 Acres
Data Source:
Bright MLS
Property Description

Business and Development opportunity in the Francisville area! This unique property is CMX 2.5-- mixed use. The Bottom level of this building is currently being used to store cars, basement area fully cleaned out. There is a fully renovated and beautiful apartment on the 2nd level of this property. It features 3 generous sized bedrooms with beautiful finishes. The living room has a wood burning fireplace, very large eat-in kitchen with tons of storage space. This property is 40x100 with access to the back street. Located in the Heart of Francisville with tons of creative and beautiful new construction. take advantage of the 10 year tax abatement on this property; The possibilities are endless here - if you want to open a business, it's ready! if you want to redevelop it's ready! Drive by the area and see what's happening here. Make your offer today.

Price History
3/18/2024 Listed $1,300,000
5/21/2024 4% - $1,250,000

General Features

Sewer Public Sewer
Heating Forced Air
Cooling None
Utilities Sewer Available,Electric Available,Cable TV
Possession 31-60 Days CD,Negotiable
Roof Rubber
Zoning CMX25
Construction Materials Masonry
Year Built 1920
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Shopping Center,Restaurant/Bar,Health Club,Day Care Facility,Banquet Facility/Lodge
Accessibility 36 + wide Halls
County PHILADELPHIA
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Status ACTIVE
Directions refer to google maps
ModificationTimestamp 2024-05-21T09:25:09
City PHILADELPHIA
Buyer Agent Compensation 2
Disclosures Agent Related to Owner
Zoning Description CMX2.5. Commercial and residential
Total Units 2
MLS Area 19130 (19130)
Lot Size Square Feet 3960.00
Tax Assessed Value 532400.0
Waterfront Y/N No
Street Name RIDGE
Tax Annual Amount 7452.0
Property Condition Very Good
Acceptable Financing Cash,Conventional,FHA,FHA 203(k)
Vacation Rental Y/N No
Days on Market 65
Standard Status Active
Year Built Source Assessor
Tax Lot 218
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Natural Gas
Flooring Hardwood,Concrete,Ceramic Tile
Hot Water Natural Gas
Heating Y/N Yes
Street Suffix AVENUE
Central Air Y/N No

Exterior Features

Water Source Public
Type of Parking None
Land Use Code S30
Water View Y/N No
Building Area Total 0.00
Lot Dimensions 40.00 x 99.00
Lot Size Acres 0.09
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 106480.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19130

Price
AVG $560K
$1.25M
Taxes
AVG $7,156
$7,452
Visits
AVG 274
140
Data Provided by Inside Real Estate®
Year Built
AVG 1943
1920

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