Listed By:
Keller Williams Realty
Address
6423 Rising Sun Avenue, Philadelphia, PA
Price
$ 3,500,000
Property Attributes
  • MLS#PAPH2342630
  • TypeCommercial
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19111
  • NeighborhoodLawndale
  • Zip19111
  • StyleProfessional,Day Care Facility,,Parking Lot
  • Year Built1986
  • Taxes$ 73252
  • Price$ 3,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage11629
  • Lot Size0.31 Acres
Data Source:
Bright MLS
Property Description

Great Opportunity for an investor and an owner to occupy this 11,629 square feet with a finished basement of 3471 square feet located on 6423-25 Rising Sun Ave. The bank has both entrances from Rising Sun Ave and a parking lot with a large open corridor, lobby, waiting area, personal banker cubicles, reception, meeting room, teller vault, safe deposit vault, men + ladies bathroom, 2-private executive office with bath, lunch room, 2 large conference room with plenty of storage rooms. The adult care center has both entrances large lobby, 4 private offices, a large conference room in the back with a kitchenette, a work room, and 4 bathrooms. The finished basement has 5 large office rooms, 2 baths, a kitchenette, utility rooms, and plenty of storage spaces. There are sprinkler systems in the building, the new roof was installed in April 2024 and the adult care was renovated a few years ago. There are 6 rooftop HVAC Units and 3 were installed after 2017. There are large signages in the front and the back street. Currently, both tenants Bank of America's 7,398 sf and the Adult Care center's 4231 square feet are occupying. This sale included 2 additional lots currently 75 parking spaces 6410-20 Parlmetto Street #885681300 and 6422 Palmetto Street # 885682140. The parking lots are shared between both tenants now and the bank does have a drive-thru in the back. Both front entrances are on Rising Sun Ave and the parking entrance and exit are on Levick Street and Palmetto Street. Conveniently located on this busy Rising Sun Ave in the most desirable Northeast Philadelphia, Minutes to Montgomery County, Center City. Also, the building is for lease at $22.00 per square foot. The buyer and agent must check the size and zoning. All showing must send POF before showing.

Price History
4/13/2024 Listed $3,500,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession Immediate
Roof Rubber
Zoning CMX2
Security Features Surveillance Sys,Security System
Construction Materials Masonry
Year Built 1986
Property SubType Mixed Use
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Professional,Day Care Facility,Other,Parking Lot
Accessibility 36 + wide Halls
County PHILADELPHIA
New Construction No
Property Type Commercial Sale
Subdivision Name LAWNDALE
Possible Use Commercial,Day Care,Distribution,Drive-Thru,Financial,Food Market,Institutional,Manufacturing,Medical/Dental,Mixed Use,Office,Professional Service,Retail,School,Special Purpose,Warehouse,Wholesale
Water Access Y/N No
Property Use Investment
Status ACTIVE
Directions Levick Street to right on Rising Sun Ave
ModificationTimestamp 2024-04-28T18:11:18
City PHILADELPHIA
Buyer Agent Compensation 2.5
MLS Area 19111 (19111)
Lot Size Square Feet 13633.00
Tax Assessed Value 5233100.0
Waterfront Y/N No
Street Name RISING SUN
Tax Annual Amount 73252.0
Property Condition Very Good
Price Per Sq Ft 300.97
Acceptable Financing Cash,Contract,Conventional
Historic Y/N No
Vacation Rental Y/N No
Days on Market 19
Standard Status Active
Year Built Source Assessor
Tax Lot 225
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas,Electric
Hot Water Natural Gas,Electric
Heating Y/N Yes
Street Suffix AVENUE
Central Air Y/N Yes
Total Restrooms 5

Exterior Features

Water Source Public
Total Parking Spaces 61
Type of Parking Parking Lot
Land Use Code EA0
Water View Y/N No
Building Area Total 11629.00
Lot Dimensions 84.00 x 136.00
Lot Size Acres 0.31
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 1046610.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor
Car Parking Spaces 60

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 19111

Price
AVG $650K
$3.5M
Taxes
AVG $13,515
$73,252
Visits
AVG 82
91
Data Provided by Inside Real Estate®
Year Built
AVG 1962
1986

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