$400,000

2329 Frankford Ave

PHILADELPHIA PA, 19125

Description

The four most important factoids about this incredible opportunity include: 1) It's located 1 door in from the apex of where the FNA, EKNA, and ORCA meet. If you don't know what that means, it's where the Fishtown Neighborhood Association, East Kensington Neighborhood Association, and Old Richmond Civic Association (more commonly known as NOYO or North of York) meet. 2) It's zoned CMX2 so by right you can open a business on the 1st floor, in fact you must. 3) This property is a WHOPPING 20.5 feet wide!!!!!!! 4) 40 new construction properties are being built across the street. That's at minimum 40 new customers for your 1st floor business. 5) The property is being sold in as-is condition. It's been recently deconstructed. It is not in the middle of a reconstruction. Currently the 1st floor of the property has been 90% gutted. The remaining 10% of the property is a kitchen. The basement has also been gutted so there is no heater, electricity, or hot water tank. The 2nd and 3rd floor remain residential and rehabilitated by a past owner. The current owner has made improvements to the bilco doors by installing brand new ones, and to the 3rd floor door to the roof. When you visit DO NOT GO OUT ON THE ROOF please. There is no roof deck or guard rails. This is a prime location ready for your preferred use and rehab.

Details

MLS#PAPH789502
StyleIndustrial
Sub-TypeResale
StatusActive
Year0
Days On Site181

Features

SQ Feet2,300
Story(s)0
Units1
ZoningCMX2

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Area Information

StatePA
CityPHILADELPHIA
Zip Code19125
Area19125 (19125)
Listing VS Median (in 19125)
Price:
$400,000
low | high
Med:
$314,900
71.275% of Average
SqFt:
2,300
low | high
Med:
1,000
100% of Average
$ / SqFt:
$174
low | high
Med:
$315
31.0675% of Average
On Site:
181
low | high
Med:
4
100% of Average
Listing Updated: 10/20/2019
MLS Number: PAPH789502
Listing Provided By:
Jeanne A Whipple  of  Elfant Wissahickon-Rittenhouse Square