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Listed By:
MSC Retail, Inc.
Address
3401 Conrad Street, Philadelphia, PA
Price
$ 1,500,000
Property Attributes
  • MLS#PAPH2341178
  • TypeCommercial
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19129
  • NeighborhoodEast Falls
  • Zip19129
  • StyleGeneral Retail
  • Year Built1939
  • Taxes$ 4914
  • Price$ 1,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1000
  • Lot Size1,742 SqFt
Data Source:
Bright MLS
Property Description

MSC is pleased to present 3401 Conrad Street, a prominent three-story mixed-use corner property on one of East Falls' most charming retail corridors. The property includes up to 1,575 sf of ground floor commercial and two (2) 3BR apartments above. With rents currently under market and 1,000 SF vacant on the ground floor, there is much potential here for an investor or owner-operator to upgrade and stabilize this East Falls landmark. 3401 Conrad St. has a 1,000 sf commercial storefront currently available for lease. Projected rent for the vacant storefront is $2,500+ per month, NNN. Long-term tenant The Artist Haus, a beautifully renovated salon, leases 575 sf for $1,650 per month. The upper floors rent for $1,750 per month and $1,850 per month and each have rare balconies overlooking Conrad St and neighbors such as Rutabaga Toy Library, Vegan Vibe Cafe & Juice Bar, and Nino Brand Women's Clothing.

Price History
4/9/2024 Listed $1,500,000

General Features

Sewer Public Hook/Up Avail
Heating Other
Cooling Other
Possession Negotiable
Zoning CMX1
Construction Materials Masonry
Year Built 1939
View Street
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Other
Business Type Other/General Retail
Accessibility Ramp - Main Level
County PHILADELPHIA
New Construction No
Property Type Commercial Sale
Subdivision Name EAST FALLS
Water Access Y/N No
Status ACTIVE
Directions Turn Right off Midvale Ave-North onto Conrad St. Proceed until the Bowman Street. The property will be on your left.
ModificationTimestamp 2024-05-18T16:27:33
City PHILADELPHIA
Buyer Agent Compensation 3
Total Units 4
MLS Area 19129 (19129)
Lot Size Square Feet 1855.00
Tax Assessed Value 351100.0
Waterfront Y/N No
Street Name CONRAD
Tax Annual Amount 4914.0
Price Per Sq Ft Total 397.98
Historic Y/N No
Vacation Rental Y/N No
Days on Market 40
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Other
Hot Water Other
Total Stories 3
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N No

Exterior Features

Lot Features Corner
Water Source Public
Type of Parking None
Land Use Code S50
Water View Y/N No
Building Area Total 3769.00
Lot Dimensions 21.00 x 87.00
Lot Size Acres 0.04
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 70220.00
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 19129

Price
AVG $810K
$1.5M
Taxes
AVG $3,321
$4,914
Visits
AVG 183
80
Data Provided by Inside Real Estate®
Year Built
AVG 1931
1939

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