309 S 48th St - Storefront FOR SALE


Philadelphia, PA 19143- Cedar Park
$7,900,000 USD
215-884-5050
309 S 48th St, Philadelphia, PA for Sale
$7,900,000 USD
Storefront - FOR SALE
1/6
null | Request Cap Rate

309 S 48th St
Philadelphia, PA 19143
Cedar Park


HIGHLIGHTS

  • Can develop further
  • Parking lot
  • Two new apartment complexes surrounding property.

OVERVIEW

Excellent opportunity to take advantage of developments going up all around this asset. Two multi-floor, multi-unit complexes within last two years adding to customer base for the stores in this center. This parcel also has potential for further upward development of residences. Five stable commercial tenants in center, plus parking lot. Tenant income/expense upon request.

FOR SALE DETAILS

PRICE

$7,900,000 USD

PRICE/SF

$335 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

48th St Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,799 SF

ZONING

C2, Philadelphia

APN/PARCEL ID

882847800

ASK ABOUT THIS PROPERTY

Nathan ZinbergZinberg Group Real EstateMore Info
215-884-5050

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Nathan ZinbergZinberg Group Real EstateMore Info
215-884-5050

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