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2400 W Hunting Park Ave - Hunting Ave Autoshop 1,791 SF Specialty Building Offered at $478,485 CAD at a 12% Cap Rate in Philadelphia, PA 19129
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.
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
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 882966115 | Improvements Assessment | $241,194 CAD (2026) |
| Land Assessment | $60,299 CAD (2026) | Total Assessment | $301,493 CAD (2026) |
Property Taxes
Parcel Number
882966115
Land Assessment
$60,299 CAD (2026)
Improvements Assessment
$241,194 CAD (2026)
Total Assessment
$301,493 CAD (2026)
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2400 W Hunting Park Ave - Hunting Ave Autoshop
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