4731 Griscom St - Storefront Retail/Residential FOR SALE


Philadelphia, PA 19124- Frankford
$195,000 USD
215-962-8456
4731 Griscom St, Philadelphia, PA for Sale
$195,000 USD
Storefront Retail/Residential - FOR SALE
1/14
null | 16.69% Cap Rate

4731 Griscom St
Philadelphia, PA 19124
Frankford


HIGHLIGHTS

  • Heavy day time foot traffic
  • New roof 2024
  • New fire prevention system 2024

OVERVIEW

Prime investment property. This two story unit building includes a ground level light commercial space currently leased at $2,000/month. The second floor apartment is a one bedroom, one bath unit with heat and air conditioning. A second bedroom could be easily constructed. Currently leased at $750/month. Both tenants are current on rent. Both tenants are now, month to month after fulfilling the original lease agreement of 5 years on the ground floor unit and 1 year on the second floor apartment. Tenant on second floor has been in occupancy for 2 years now. The building has been painted a neutral color since the pictures were taken. First floor is a different business than what is showing in pictures now. One block away from public transportation. High foot traffic area. SERIOUS INTEREST ONLY. NO AVAILABLE FINANCING THROUGH L & M. Price is negotiable.

FOR SALE DETAILS

PRICE

$195,000 USD

PRICE/SF

$146 USD /SF

CAP RATE

16.69%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

C2

APN/PARCEL ID

871000103

ASK ABOUT THIS PROPERTY

Koun LimL & M Properties Mngt., LLCMore Info
215-962-8456

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

Koun LimL & M Properties Mngt., LLCMore Info
215-962-8456

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