1607 RIDGE AVENUE

PHILADELPHIA, PA, 19130

$2,850,000

$438 per ft²
$2,850,000
$438 per ft²
Active
Active
 - For Sale
carpenters-square
6,500 ft²
property_type
Commercial
calendar
Built 2021
Brand new construction with commercial/retail space on the first floor and 7 units of luxury units . 10 year tax abatement, 1st Floor : Triple net lease $2700 /month occupied by professional office. 2nd-4th floor upstairs : Triple net lease $11350 /month. run by professional management team as boutique hotel Annual Net Rental Income $168,600.00. This retail space is in the HOT area of Francisville. Close to METS. There are pharmacy, corner store and fitness center in the commercial neighborhood.
MLS® ID:
PAPH2106228
Updated:
10/6/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Hardwood, Ceramic Tile
Cooling
Central A/C
Heating
Central

Exterior/Building Features

Lot Size
2,200 ft² lot
Lot Details
Rear Yard
Roof
Concrete
Sewer
Public Sewer

School Information

School District
THE SCHOOL DISTRICT OF PHILADELPHIA
High School
BENJAMIN FRANKLIN
Elementary School
WARING LAURA

Other Property Details

Area Name
19130 (19130)
Taxes
$0.00
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
PHILADELPHIA
Utilities
Cable TV, Phone, Water Available, Sewer Available, Electric Available
Water Source
Public
Pool
No
Total Stories
4
Zoning
CMX2.5
Contact