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3447-61 Richmond St 3,000 SF 100% Leased Industrial Building Philadelphia, PA 19134 $2,600,150 CAD ($866.72 CAD/SF) 5.63% 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	$181,874	$60.62
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$181,874	$60.62
Taxes	$14,217	$4.74
Operating Expenses	$20,527	$6.84
Total Expenses	$34,745	$11.58
Net Operating Income	$147,129	$49.04

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual	$181,874
Annual Per SF	$60.62

Other Income (CAD)
Annual	-
Annual Per SF	-

Vacancy Loss (CAD)
Annual	-
Annual Per SF	-

Effective Gross Income (CAD)
Annual	$181,874
Annual Per SF	$60.62

Taxes (CAD)
Annual	$14,217
Annual Per SF	$4.74

Operating Expenses (CAD)
Annual	$20,527
Annual Per SF	$6.84

Total Expenses (CAD)
Annual	$34,745
Annual Per SF	$11.58

Net Operating Income (CAD)
Annual	$147,129
Annual Per SF	$49.04

Property Facts

Price	$2,600,150 CAD	Lot Size	0.32 AC
Price Per SF	$866.72 CAD	Rentable Building Area	3,000 SF
Sale Type	Investment	No. Stories	1
Cap Rate	5.63%	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	$2,600,150 CAD
Price Per SF	$866.72 CAD
Sale Type	Investment
Cap Rate	5.63%
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	$1,015,701 CAD (2026)
Land Assessment	$753,565 CAD (2026)	Annual Taxes	$14,217 CAD ($4.74 CAD/SF)
Improvements Assessment	$262,136 CAD (2026)	Tax Year	2025