$ 950,000
-
$950,000
Price -
0
Bed -
0
Bath -
3,769
SqFt
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About the Listing VANGUARD - 3138971
Three-story Mixed-Use Investment Property located on a prominent corner lot in the East Falls neighborhood of Philadelphia, PA. Ideally located in an up-and-coming and vibrant section of the city right near Thomas Jefferson University. The property is surrounded by long established landmarks, new retailers and trendy restaurants, and with an attractive mix of students, families and long time residents. This 3,769 SF building is zoned as CMX-1, which supports both the neighborhood-serving retail businesses and apartments above. The ground floor is 1,575 SF of storefront retail space that is currently a beautiful 575 SF salon, and the remaining 1,000 SF was previously a cafe and could be leased to many different types of businesses that would compliment the surrounding area. The kitchen hood and systems are still in place for a new food & beverage tenant to take advantage of. The second and third floor are two (2) three-bedroom / 1-bath apartments that have been updated nicely and feature private balconies and central air. Most major capital expenditures have been recently upgraded including the mechanicals and utilities. There is great value-add potential through leasing up the vacant retail space and increasing the apartment rents to marker rate. This property is an excellent long term investment with many options to create value
Listing Highlights
Status
Active
Days on Site
24
Property Type
Commercial Sale
MLS ®
PAPH2587538
Year Built
1939
Total Square Footage
3,769
Lot/Acreage
0.04
County
Philadelphia
Neighborhood
East Falls
Area
19129 (19129)
School District
The School District Of Philadelphia
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Central,Forced Air
- Fireplaces:
- Floor: Hardwood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: CMX-1
- Roof: Rubber
- Others: Very Good
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $4,009
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
3479 Bowman Philadelphia, PA 19129
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