1750-1754 Bridge St - Health Care FOR SALE


Philadelphia, PA 19124- Frankford
$659,900 USD
215-432-0001
1750-1754 Bridge St, Philadelphia, PA for Sale
$659,900 USD
Health Care - FOR SALE
1/16
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.
  • Expansion Potential

OVERVIEW

Licensed 20-Bed Personal Care Facility | Behavioral Health / Assisted Living Opportunity | Expansion Potential | Philadelphia Rare Licensed Healthcare Facility – High Barrier-to-Entry Asset with Significant Income Potential Fully licensed 20-bed Personal Care Home consisting of two adjacent buildings with over 20 years of continuous ownership and operation. Facilities with existing licensed beds and compliant zoning are extremely difficult to replicate, making this offering an exceptional opportunity for assisted living operators, behavioral health providers, recovery housing groups, and healthcare investors. The property is ideally positioned for operators seeking to launch or expand assisted living, behavioral health, ASAM recovery housing, or veteran supportive housing programs within an established facility with operational infrastructure already in place. Income Potential The facility can generate strong recurring monthly revenue depending on the program structure implemented by the operator. Estimated Monthly Revenue Per Resident • Specialized Care Programs: $6,300+ per resident • ASAM Low-Intensity Recovery Programs: $4,800+ per resident • Private Pay Residents: $2,500 – $4,000 per resident • Non-Skilled VA Guaranteed Housing Programs: $2,400 – $3,750 per resident Potential Gross Monthly Revenue at Full Occupancy (20 Beds) • Conservative Private Pay Model: $50,000 – $80,000/month • Behavioral Health / ASAM Model: $96,000+/month • Specialized Care Model: $126,000+/month This flexible revenue model allows operators to optimize income through specialized program implementation and resident mix. Property Overview The offering consists of two adjacent buildings operating together as a licensed personal care facility, providing efficient operational flow and resident supervision. 1750 Bridge Street Three-story detached building • 3 bedrooms • Kitchen and dining room • Administrative office • 2 full bathrooms • Partially finished basement 1754 Bridge Street Two-story primary care facility • 8 resident rooms • 4 full bathrooms • Commercial kitchen • Laundry facilities • Dining area • Reception and administrative office • Storage space • Second floor with 5 bedrooms and 2 full bathrooms Value-Add Expansion Opportunity As an additional value-added benefit, the owner has architectural drawings and building plans prepared for the potential construction of a third story on 1754 Bridge Street, which could accommodate up to 10 additional residents, subject to final approvals by the City of Philadelphia Licenses & Inspections (L&I). If approved, this expansion could increase total capacity to approximately 30 occupants, significantly enhancing revenue potential and overall asset value. Zoning & Use Flexibility Zoning: RSA-5 Permitted Use: Health / Personal Care Facility (Y50) Potential additional uses (subject to approvals): • Assisted Living / Personal Care Home • Behavioral Health Housing • Drug & Alcohol Recovery Programs • Veteran Supportive Housing • Institutional Housing • Daycare Facility • Residential Apartments Investment Highlights • Licensed 20-Bed Personal Care Facility • Turn-Key Healthcare Operation • Two Adjacent Buildings Included • 20+ Year Proven Operating History • Barrier-to-Entry Licensed Asset • Expansion Potential to Approximately 30 Beds (subject to approvals) • Multiple High-Revenue Healthcare Program Opportunities • Strong Demand for Behavioral Health & Assisted Living Housing Operator Opportunity Healthcare providers and treatment operators can leverage this property for: • Behavioral Health Residential Programs • ASAM Recovery Housing • Veteran Supportive Housing • Personal Care / Assisted Living • Specialized Care Programs Facilities with existing licensed beds and operational infrastructure significantly reduce startup timelines compared to new construction or zoning approvals. Healthcare Investment Opportunity Demand for licensed residential healthcare facilities continues to grow, while regulatory approvals and zoning barriers make new facilities increasingly difficult to develop. Properties with existing licensed beds, operational history, and expansion potential represent highly desirable healthcare investment assets. Due to the operational nature of the facility and to respect resident privacy and ongoing operations, all property tours are by appointment only. The owner requires qualified buyers to provide the following prior to scheduling an inspection: • Proof of Funds for cash purchasers • Financial institution pre-approval letter or lender term sheet for financed acquisitions This requirement helps ensure that only serious and financially capable buyers participate in the due diligence and inspection process. Additional documentation, including financial information, licensing details, and architectural plans for the potential expansion, will be made available upon execution of a confidentiality agreement.

FOR SALE DETAILS

PRICE

$659,900 USD

PRICE/SF

$132 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

ADD'L SUBTYPES

Assisted Living, Congregate Senior Housing, Skilled Nursing Facility

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

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