4047-4049 Cresson St - Light Manufacturing FOR SALE


Philadelphia, PA 19127- Manayunk
$905,000 USD
215-561-6565
4047-4049 Cresson St, Philadelphia, PA for Sale
$905,000 USD
Light Manufacturing - FOR SALE
1/11
null | Request Cap Rate

4047-4049 Cresson St
Philadelphia, PA 19127
Manayunk


HIGHLIGHTS

  • Opportunity for owner-occupier to collect income from two commercial spaces on 2nd floor
  • 1st floor garage has a small office, bathroom, large drive-in door and two large tube heaters; currently vacant
  • 2nd floor front commercial space has large open area, private office and bathroom; currently vacant
  • 2nd floor rear commercial space has two open areas, bathroom (w/shower), kitchenette; currently leased for $1,000/month
  • Potential to build on top of existing building; steel beam construction inside masonry structure

OVERVIEW

The Flynn Company is pleased to offer 4047-49 Cresson St, in the Manayunk section of Philadelphia, for sale. The 2-story, 6,240 SF building is situated on 2,904 SF of land and is located on the corner of Cresson and Kingsley Sts. The property is zoned CMX-2, which is primarily intended for neighborhood-serving retail and service uses, including pedestrian friendly retail commercial corridors. The building has been used as a motor vehicle towing and repair shop for 40+ years on the 1 floor with a range of commercial and offices uses on the 2 floor. The property is in good condition with the roof being recoated in recent years, vinyl windows and clean rental suites. Manayunk continues to be a thriving community where businesses and residents are attracted to the small town feel with all of the amenities of a big City. Contact The Flynn Company to schedule a property inspection or to submit an offer.

FOR SALE DETAILS

PRICE

$905,000 USD

PRICE/SF

$162 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

ADD'L SUBTYPES

Auto Repair, Warehouse, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07

LAND SF

2,904

ZONING

CMX-2

APN/PARCEL ID

884634801

ASK ABOUT THIS PROPERTY

Brendan FlynnThe Flynn CompanyMore Info
215-561-6565

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Brendan FlynnThe Flynn CompanyMore Info
215-561-6565

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