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Listed by Kareem Salaam Holmes • Realty Mark Associates
$ 200,000
Est. payment /mo
Active
530 S 52ND ST Philadelphia, PA 19143
1,440 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2628624
Year Built 1920
Annual Tax Amount $1,833
Tax Year 2025
Lot Size 1,440 Sqft
Acres 0.03
Lot Dimensions 16.00 x 90.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
LOCATION! LOCATION! LOCATION! *** THIS PROPERTY NEEDS A FULL RENOVATION.*** Unlock the potential of this charming commercial property, built in 1920, offering a unique blend of historic character and modern investment potential. With a compact lot size of just 0.03 acres, this masonry structure is strategically positioned to attract foot traffic and business opportunities in a vibrant community. - The property's classic masonry construction not only adds aesthetic appeal but also ensures durability and low maintenance costs, making it an attractive option for long-term investment. - This commercial space can be adapted for various business ventures, from retail to office space, providing flexibility to meet market demands. Its historic character can be leveraged to create a unique brand identity that stands out in the local market. - With the growing demand for commercial spaces in the area, this property presents an excellent opportunity for rental income. Investors can capitalize on the potential for appreciation as the neighborhood continues to develop. - While the property does not include dedicated parking, its prime location offers easy access to public transportation and nearby amenities, making it convenient for customers and employees alike. - The absence of an association fee and the straightforward maintenance of a masonry building contribute to lower overhead costs, enhancing your profit margins. - Situated in a thriving area, this property is poised to benefit from ongoing community development initiatives, increasing foot traffic and demand for commercial services. This property is not just a building; it's a canvas for your investment vision. Whether you're looking to establish a new business, expand your portfolio, or renovate for rental income, this historic gem offers the potential for significant returns. Don't miss out on the chance to invest in a property that combines character, location, and opportunity. Contact us today to explore the possibilities and secure your stake in this promising investment!
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating None
Cooling None
Heat Source None
Exterior
Water Access N
Accessibility 32\"+ wide Doors, 36\"+ wide Halls
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871400305
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
Nearby Locations