1617 W York St - Storefront Retail/Residential FOR SALE


Philadelphia, PA 19132- North Philadelphia West
$170,000 USD
267-918-0354
1617 W York St, Philadelphia, PA for Sale
$170,000 USD
Storefront Retail/Residential - FOR SALE
1/16
null | 10.86% Cap Rate

1617 W York St
Philadelphia, PA 19132
North Philadelphia West


HIGHLIGHTS

  • Long term tenant
  • Double net (landlord responsible for roof and structure)
  • Opportunity Location

OVERVIEW

Corner commercial property located in close proximity to Temple University. Great investment property which is currently rented out with a lease in place. Sit back and collect rent as this is a NN lease (landlord responsible for roof and structure only). The current cap rate is 10.86% which is a great return! Tenant is willing to exercise a 5 year option early with increases, please contact for more information. Tenant covers all expenses.

FOR SALE DETAILS

PRICE

$170,000 USD

PRICE/SF

$243 USD /SF

CAP RATE

10.86%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1915

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

944 SF

ZONING

CMX1

APN/PARCEL ID

871521820

ASK ABOUT THIS PROPERTY

Steven GovRealty Mark AssociatesMore Info
267-918-0354

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Steven GovRealty Mark AssociatesMore Info
267-918-0354

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