115 N 9th St - Apartments CONDO FOR SALE


Philadelphia, PA 19107- Chinatown
$489,000 USD
215-882-1563
115 N 9th St, Philadelphia, PA for Sale
$489,000 USD
Apartments CONDO - FOR SALE
1/8
null | 5.69% Cap Rate

NEW


115 N 9th St
Philadelphia, PA 19107
Chinatown


HIGHLIGHTS

  • Prime Chinatown Location with excellent visibility and high pedestrian traffic
  • Located in a major tourist destination, surrounded by a robust retail and restaurant presence
  • Hugh pool of university students surrounding and directly connected to the area by excellent public transportation
  • Turnkey Investment opportunity with minimal management requirements
  • Close to world-class historic, cultural, art and medical destinations
  • Excellent potential for long term appreciation

OVERVIEW

Rare opportunity to acquire a commercial property in the heart of Chinatown, one of the most vibrant and heavily visited business districts in the city. The property is occupied by Hey Yogurt Philadelphia, a well-established Japanese yogurt and dessert franchise, providing investors with immediate rental income and long-term tenancy stability. The current tenant has built a loyal customer base and benefits from consistent foot traffic generated by the thriving commercial and tourist activities in the area. This is an ideal opportunity for investors seeking a well-located, income-producing commercial asset in a highly desirable urban market, or owner operators. The Yes-to-Opportunity Zone icon is auto-generated by the system, so please verify and make your own determination. Serious inquiries only. Showings by appointment. For additional information, lease details and financials, please contact us for a confidential discussion.

FOR SALE DETAILS

PRICE

$489,000 USD

PRICE/SF

$561 USD /SF

CAP RATE

5.69%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Commercial Unit in Pearl Condo

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

110,298 SF

STORIES

6

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

190

LAND DETAILS

LAND ACRES

1.52 AC

LAND SF

66,211 SF

ZONING

C4

APN/PARCEL ID

888112752,888112754,888112756,888112758,888112760,888112762,888112764,888112766,888112768,888112770,888112774,888112952

ASK ABOUT THIS PROPERTY

Nancy WeiPanphil RealtyMore Info
215-882-1563

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Nancy WeiPanphil RealtyMore Info
215-882-1563

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.