7034-7048 Castor Ave - Office FOR SALE


Philadelphia, PA 19149- Oxford Circle-Castor
$3,000,000 USD
302-414-0007
7034-7048 Castor Ave, Philadelphia, PA for Sale
$3,000,000 USD
Office - FOR SALE
1/22
null | 6.17% Cap Rate

7034-7048 Castor Ave
Philadelphia, PA 19149
Oxford Circle-Castor


HIGHLIGHTS

  • Well-located property that rests on a combined 0.32-acre parcel with approximately 16000 square feet of leasable area
  • Only 2000 ft away from the Cottman & Bustleton Shopping Center in Northeast Philadelphia
  • Currently occupied by three established tenants, a supermarket, a language school and a KTV providing stable income

OVERVIEW

Offered for sale: 7034-7040-7048 Castor Ave. This is a great opportunity for investors or owner-users seeking income stability with upside potential in one of the busiest commercial corridors in Northeast Philadelphia. The building is currently occupied by three established tenants — a supermarket, a language school, and a KTV — providing stable income. Additional office space on the second floor for leasing, ideal for professional services, education, or creative uses. Located within minutes of Cottman Avenue and surrounded by a dense and thriving neighborhood, with over 300,000 residents within a 3-mile radius.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$181 USD /SF

CAP RATE

6.17%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

CMX1,CMX2

APN/PARCEL ID

883378300,885905020

ASK ABOUT THIS PROPERTY

Jackie ZhangHomeSmartMore Info
302-414-0007

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Jackie ZhangHomeSmartMore Info
302-414-0007

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