?? 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)
Eligible for business 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