6600 Limekiln Pike - Freestanding FOR SALE


Philadelphia, PA 19138- West Oak Lane
$610,000 USD
267-918-0354
6600 Limekiln Pike, Philadelphia, PA for Sale
$610,000 USD
Freestanding - FOR SALE
1/15
null | Request Cap Rate

NEW


6600 Limekiln Pike
Philadelphia, PA 19138
West Oak Lane


HIGHLIGHTS

  • ?INCOME-PRODUCING ASSET - Long-term leased tenant @ Brothers Meat Market & Deli providing stable income through 2040.
  • Two vacant units can be leased at market rates of approximately $1,850/month each or occupied by an owner-user.
  • ?STRONG LOCATION - Located on Limekiln Pike near a local high school with consistent daytime traffic and visibility.
  • Contiguous large unit or 2 separated units with separate entrances and utilities already in place.

OVERVIEW

Great Investment opportunity for either and owner occupied business or hands off investor. This Corner property with 4 way traffic has both high vehicle and foot traffic with a nearby high school and numerous residential housing. The grocery store has a long term lease in place for stable income for the foreseeable future. The remaining 2 units can be kept as a single unit or easily converted back to 2 units as utilities and separate entrances are already in place. Potential to occupy 1 or both of the vacant units. The previous uses for the vacant units were a daycare and a church pulling in $3,600 monthly income. Sidewalk recently replaced as well as other improvements. Total proforma rental income $6,200 with a cap rate of 10.11%

FOR SALE DETAILS

PRICE

$610,000 USD

PRICE/SF

$172 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

RSA5

APN/PARCEL ID

882018010

ASK ABOUT THIS PROPERTY

Steven GovRealty Mark AssociatesMore Info
267-918-0354

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Steven GovRealty Mark AssociatesMore Info
267-918-0354

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