616 S 6th St - Storefront Retail/Residential FOR SALE


Philadelphia, PA 19147- Bella Vista-Southwark
$550,000 USD
267-546-1718
616 S 6th St, Philadelphia, PA for Sale
$550,000 USD
Storefront Retail/Residential - FOR SALE
1/13
null | 6.09% Cap Rate

616 S 6th St
Philadelphia, PA 19147
Bella Vista-Southwark


OVERVIEW

MPN Realty, Inc. is pleased to present the sale of 616 S. 6th St., a meticulously maintained mixed-use building zoned CMX-2 in Queen Village. The property is fully occupied and consists of (1) commercial space and (1) bi-level 2 bed/ 1.5 bath apartment. A new lease was just executed with a Tea Room for the commercial space. All units are self-contained. The property is situated in the vibrant Queen Village neighborhood across from a former church that has been converted into a luxury apartment complex with parking and popular spots like Redcrest Kitchen, Emmy Squared Pizza, and Saloon Restaurant. This building offers an exceptional turn-key investment opportunity.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$249 USD /SF

CAP RATE

6.09%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

871 SF

ZONING

CMX-2

APN/PARCEL ID

871270750

ASK ABOUT THIS PROPERTY

Nadia BilynskyMPN RealtyMore Info
267-546-1718

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Nadia BilynskyMPN RealtyMore Info
267-546-1718

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