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3447-61 Richmond St 3,000 SF 100% Leased Industrial Building Philadelphia, PA 19134 $2,342,835 CAD ($780.94 CAD/SF) 6.48% Cap Rate

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Investment Highlights

Full Functioning Garage / Tons of Parking
No Deferred Maint. & 30 Security Cameras

Office Space & 2 Bathrooms

Executive Summary

This property is a great investment for an owner/user or professional investor. There are currently 3 tenants that occupy this space and one of the three tenants holds a car dealers license since the property is properly zoned for vehicle sales/rentals. Between the three tenants the property brings in $11,075 per month. One of the tenants pays $1200, the other $1550, and the third pays $8,375. The property has zero deferred maintenance and is currently in operation.

Financial Summary (Actual - 2025)	Annual (CAD)	Annual Per SF (CAD)
Gross Rental Income	$188,705	$62.90
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$188,705	$62.90
Taxes	$14,751	$4.92
Operating Expenses	$21,298	$7.10
Total Expenses	$36,050	$12.02
Net Operating Income	$152,655	$50.88

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual	$188,705
Annual Per SF	$62.90

Other Income (CAD)
Annual	-
Annual Per SF	-

Vacancy Loss (CAD)
Annual	-
Annual Per SF	-

Effective Gross Income (CAD)
Annual	$188,705
Annual Per SF	$62.90

Taxes (CAD)
Annual	$14,751
Annual Per SF	$4.92

Operating Expenses (CAD)
Annual	$21,298
Annual Per SF	$7.10

Total Expenses (CAD)
Annual	$36,050
Annual Per SF	$12.02

Net Operating Income (CAD)
Annual	$152,655
Annual Per SF	$50.88

Property Facts

Price	$2,342,835 CAD	Lot Size	0.32 AC
Price Per SF	$780.94 CAD	Rentable Building Area	3,000 SF
Sale Type	Investment	No. Stories	1
Cap Rate	6.48%	Year Built/Renovated	1955/2022
Property Type	Industrial	Parking Ratio	11.67/1,000 SF
Property Subtype	Showroom General Retail Auto Dealership General Retail Auto Repair OfficeLoft Creative Space	No. Drive In / Grade-Level Doors	1
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	ICMX - ICMX with variance for vehicle rental and sales! This property currently holds a state of PA vehicle dealer license.

Price	$2,342,835 CAD
Price Per SF	$780.94 CAD
Sale Type	Investment
Cap Rate	6.48%
Property Type	Industrial
Property Subtype	Showroom General Retail Auto Dealership General Retail Auto Repair OfficeLoft Creative Space
Building Class	C
Lot Size	0.32 AC
Rentable Building Area	3,000 SF
No. Stories	1
Year Built/Renovated	1955/2022
Parking Ratio	11.67/1,000 SF
No. Drive In / Grade-Level Doors	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	ICMX - ICMX with variance for vehicle rental and sales! This property currently holds a state of PA vehicle dealer license.

Fenced Lot
Floor Drains
Security System

Signage
Wheelchair Accessible

Storage Space
Air Conditioning

Fiber Optic Internet
Smoke Detector

1 1

Moderately walkable

60/100

Exceptionally drivable

100/100

Good public transit

60/100

Moderately bikeable

60/100

Source: Local Logic^®

Property Taxes

Parcel Number	882924015	Total Assessment	$1,049,434 CAD (2026)
Land Assessment	$778,592 CAD (2026)	Annual Taxes	$14,751 CAD ($4.92 CAD/SF)
Improvements Assessment	$270,842 CAD (2026)	Tax Year	2025