2621 Sepviva St - Storefront Retail/Residential FOR SALE


Philadelphia, PA 19125- Kensington
$350,000 USD
215-817-0143
2621 Sepviva St, Philadelphia, PA for Sale
$350,000 USD
Storefront Retail/Residential - FOR SALE
1/26
null | Request Cap Rate

2621 Sepviva St
Philadelphia, PA 19125
Kensington


HIGHLIGHTS

  • Corner storefront duplex in a thriving residential setting
  • Handsome and well-maintained exterior has great visibility
  • In an area booming with new development

OVERVIEW

Corner storefront duplexes in a thriving residential pocket of Fishtown are rare to come by, which makes this building that much more of a solid investment. Previously a successful lunch shop and most recently used as an artist’s studio, it’s a great spot for a coffee shop, cafe or other retail on the main floor with additional income from the upstairs apartment. Or, it’s an ideal setup for someone looking for a live/work situation in a great neighborhood. The handsome and well-maintained exterior has great visibility that’s highlighted by lighting recessed into the overhang and a frame with lighting in place for prominent signage above the door. Roll-up security shutters for the front door and first-floor windows are in place as well. The storefront is one wide-open space with plenty of natural light plus ample recessed lighting, crown molding and a neutral ceramic tile floor. There’s built-in display shelving running almost the full length of one wall and a restroom at the rear. The apartment has private access behind a custom wood security gate and up a flight of stairs that opens to the large new deck installed over a new roof. French doors open to the super cute apartment with crown molding and recessed lighting. The kitchen makes great use of space with a wall of high-gloss cabinets surrounding a glass top electric range, and a stainless steel backsplash, microwave and fridge. There’s room for a two-top in front of a window, which like all the rest has an extra-deep sill. The living area has new laminate flooring, stylish sconces flanking the French doors to the bedroom and access to the large bathroom with a walk-in shower with rainhead showerhead, full-wall ceramic tile surround and a window. The good-sized bedroom, also with new laminate flooring, has a large closet with shelving. There are Bilco doors to the basement on the side street. In an area booming with new development and easily walkable to established bars and restaurants, this property is also close to the Frankford Avenue business corridor and has easy access to I-95.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$359 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1875

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

871 SF

ZONING

CMX1

APN/PARCEL ID

871541200

ASK ABOUT THIS PROPERTY

Jennifer GoldenElfant Wissahickon Realtors, Inc.More Info
215-817-0143

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Jennifer GoldenElfant Wissahickon Realtors, Inc.More Info
215-817-0143

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