1750-1754 Bridge St - Health Care FOR SALE


Philadelphia, PA 19124- Frankford
$679,000 USD
215-432-0001
1750-1754 Bridge St, Philadelphia, PA for Sale
$679,000 USD
Health Care - FOR SALE
1/11
null | Request Cap Rate

1750-1754 Bridge St
Philadelphia, PA 19124
Frankford


HIGHLIGHTS

  • Fully licensed 20-bed Personal Care Home in good standing.
  • Two adjacent, well-maintained buildings with flexible layouts.
  • Consistent waiting list ensures strong demand and stability.
  • Significant upside through VA and skilled nursing programs.
  • Long-term ownership with clean compliance and maintenance history.

OVERVIEW

A rare opportunity to acquire a fully certified, turn-key 20-bed Personal Care Home in good standing with all licensing authorities, offering immediate cash flow with clear upside. The facility maintains a consistent waiting list, underscoring durable community demand and long-term operational stability. The owner is retiring and, post-COVID, has elected not to operate at full capacity—creating below-optimal ROI today and a compelling value-add opportunity for the next operator. Current Operations & Upside 15 residents in place, most receiving SSI assistance at an average ~$1,640/month (lowest tier). Significant income expansion is available by enrolling in higher-paying programs. Veterans Administration housing programs pay $3,500+ per month. Skilled nursing and specialized care providers pay materially higher rates for qualified facilities. The Property Two adjacent, well-maintained buildings, meticulously owned and operated by the same owner for 20+ years: 1750 Bridge Street – Three-story, detached facility with 3 bedrooms, kitchen, dining room, office, 2 full baths, and partially finished basement. 1754 Bridge Street – Two-story facility featuring 8 rooms, 4 full baths, commercial kitchen, laundry, dining area, office, half bath, storage, and reception on the lower level; second floor mirrors the layout with 5 bedrooms and 2 full baths. Zoning & Flexibility Zoning: RSA-5 Permitted Use (Y50): Health or Personal Care Facility Potential Uses by Variance: Daycare, Residential Apartments, Drug Rehabilitation, Institutional Facility Offering Details Real estate only is offered at list price. Optional acquisition of existing SSI occupants’ business goodwill available; Asking Price with goodwill: $779,000. Financials, licensing, and operational documentation available to serious, pre-qualified investors upon execution of an NDA. Ideal for experienced operators, investors seeking government-backed income streams, or buyers looking to reposition and scale a compliant care facility with proven demand.

FOR SALE DETAILS

PRICE

$679,000 USD

PRICE/SF

$136 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,375 SF

ZONING

RSA-5

APN/PARCEL ID

622098100,881423700

ASK ABOUT THIS PROPERTY

Darryl MillerMcCann CommercialMore Info
215-432-0001

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Darryl MillerMcCann CommercialMore Info
215-432-0001

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