Prime Commercial + Residential Opportunity in Bustleton Business District Nearby Sale Comp: 2040 Grant Ave (RSA-3 zoning) Sold for $699,000 in 2025 Property Highlights: Zoning: RSA-3 (Residential & Commercial) Lot Size: 33 ft x 150 ft (4,138 sq ft total) Interior Space: 1,250 sq ft + 800 sq ft finished basement = 2,050 sq ft Additional Structure: 400 sq ft second building with electric Parking: Private driveway fits 10+ vehicles Expansion Potential: Large backyard suitable for additions or a pool Recent Upgrades & Features: New hot water heater (Dec 2022) New HVAC gas heater system (Dec 2015) No carpets—real wood floors and ceilings throughout Red marble kitchen flooring, soapstone backsplash, slate countertops One-piece bathtub surround (no caulk = no mold) Colonial trim, 6" baseboards, crown molding, chair rail, and beaded wood paneling Second building features 4x4 structural beams, high-gloss finishes, and outdoor storage Neighborhood Benefits: Located in one of Philadelphia’s safest zip codes Top-rated schools and low property taxes Walking distance to Roosevelt Blvd, shopping malls, and public transit No row homes in this zip code—mostly single-family homes Business Potential: High visibility: ~25,000 cars/day (per DVRPC & PennDOT traffic reports) Business Street Signage Ideal for low-traffic professional services (law, insurance, accounting, real estate) Residential mortgage rates apply—significantly lower than commercial lease rates Value Proposition: Priced $250K–$500K below comparable commercial properties on Castor & Bustleton Aves Example financing: 3.25% rate with 10% down = ~$1,400/month Much larger than typical retail spaces on Grant Ave Philadelphia SIP (Storefront Improvement Program): Eligible for Philadelphia SIP Program! This property qualifies for the City of Philadelphia’s Storefront Improvement Program, which offers matching grants to enhance exterior façades. Owners and tenants can receive up to $10,000 for single commercial properties to upgrade signage, lighting, windows, doors, and more. A fantastic opportunity to boost curb appeal and attract foot traffic with city-backed support.