1218 Pine St - Storefront Retail/Residential FOR SALE


Philadelphia, PA 19107- Midtown Village
$1,545,000 USD
215-327-1722
1218 Pine St, Philadelphia, PA for Sale
$1,545,000 USD
Storefront Retail/Residential - FOR SALE
1/16
null | 5% Cap Rate

1218 Pine St
Philadelphia, PA 19107
Midtown Village


HIGHLIGHTS

  • closer to Center City
  • Existing Food license

OVERVIEW

Attention investors or business owners, this prime location at Washington Square West is available now. The 1128 Pine street, exceptional opportunity to own an income producing Multi-Unit building. The 1st floor & basement currently used as long term successful Japanese cuisine restaurant which had" grandfather food license" . The 2nd & 3rd floor is a bilevel 3 BR apartment with one and half bathroom, washer/dryer, deck patio, central HVAC that is currently rented. TOTAL income produced over $78,000 per year. Located in historic Washington Square West and surround by culture attractions and the vibrant energy of city living. Contact the listing agent to schedule a tour and for any financial information.

FOR SALE DETAILS

PRICE

$1,545,000 USD

PRICE/SF

$773 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1880

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

780 SF

ZONING

R10A, Philadelphia

APN/PARCEL ID

871059650

ASK ABOUT THIS PROPERTY

Paul ChengKeller Williams Cherry HillMore Info
215-327-1722

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Paul ChengKeller Williams Cherry HillMore Info
215-327-1722

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