Discover an exceptional investment opportunity in the heart of Philadelphia’s vibrant Port Richmond neighborhood! This versatile multi-unit commercial property at 3317-41 Gaul Street, Philadelphia, PA 19134 offers three distinct units? (units 2 and 3 are currently combined but can be separated), ideal for investors, owner-occupiers, or developers seeking a high-potential asset in a rapidly growing area?.
Unit 1 (+/- 4000 sqft ) is tenant-occupied and currently being used as a mechanic Garage - the unit has access to an expansive rear lot that extends all the way to Miller Street in the rear. Tenant is interested in signing a long term lease and remaining, offering immediate rental income to investors. Unit 2 is a versatile workshop space (approx 900 sqft) + parking ideal for small businesses, artisans, or storage needs. Currently vacant and ready for an owner-user. Unit 3 is a spacious office Space (Approx. 4,000 sqft); modern, open-concept office space suitable for professional services, creative studios, or co-working environments. Also currently vacant and ready for an owner-user
Key Features
Prime Location: Situated in Port Richmond, a dynamic neighborhood with easy access to I-95, public transit, and Center City Philadelphia.
Income Potential: Tenant-occupied garage provides instant cash flow, while the workshop and office spaces offer leasing or owner-use flexibility.
Zoning & Versatility: Zoned ICMX, accommodating a wide range of business types, from industrial to professional services.
Accessibility: Strategic layout with through-access to Miller Street, ensuring seamless operations and logistics.
Investment Opportunity: Ideal for investors seeking a diversified property with multiple revenue streams or businesses looking for a customizable headquarters.
Location Highlights
Thriving Neighborhood: Port Richmond is known for its rich community, growing commercial activity, and proximity to popular dining and retail destinations.
Transportation Hub: Minutes from I-95, public transit, and major thoroughfares, ensuring connectivity for employees, clients, and suppliers.
Development Potential: Positioned in an area experiencing revitalization, this property is poised for future appreciation.