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2400 W Hunting Park Ave - Hunting Ave Autoshop 1,791 SF Specialty Building Offered at $484,186 CAD at a 12% Cap Rate in Philadelphia, PA 19129

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INVESTMENT HIGHLIGHTS

  • High traffic area
  • Value add
  • Amongst major institutional development
  • 6 units by right based on lot size

EXECUTIVE SUMMARY

Unique opportunity to own a tenant occupied auto mechanic garage with a 30 year tenancy. Tenant is behind on payments and seller is prepared forgive all back rents owed and have tenant sign a new lease with the purchaser.
High traffic area and directly across the street from a major development by a pharmaceutical company completely changing the area.
Build 6 units by right based on lot size.

FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $484,186 CAD
Price Per SF $270.34 CAD
Sale Type Investment
Cap Rate 12%
Sale Condition Deferred Maintenance
Property Type Specialty
Property Subtype
Auto Salvage Facility
  • Specialty Carwash
Building Class C
Lot Size 0.09 AC
Building Size 1,791 SF
No. Stories 1
Year Built 1940
Parking Ratio 13.96/1,000 SF
Zoning CMX2 - Commercial Mixed Use
Walk Score®
Very Walkable (72)
Transit Score®
Excellent Transit (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
882966115
Land Assessment
$61,153 CAD (2026)
Improvements Assessment
$244,611 CAD (2026)
Total Assessment
$305,764 CAD (2026)
  • Listing ID: 31380836

  • Date on Market: 2024-04-01

  • Last Updated:

  • Address: 2400 W Hunting Park Ave, Philadelphia, PA 19129

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