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6728 Old York Rd 3,969 SF 100% Leased Retail Building Philadelphia, PA 19126 $963,979 CAD ($242.88 CAD/SF)

INVESTMENT HIGHLIGHTS
- The property is fully occupied.
EXECUTIVE SUMMARY
Fully leased Investment Opportunity. 6728-30 Old York Rd, this mixed use building has a ground-floor commercial space and (2) two-bedroom/1 bath apartments on the upper floors with washer and dryer. The Commercial space is currently leased to a successful restaurant tenant at $5,834 NNN through 2028 (with option to renew) and a 3% annual increase in rent. High traffic count and visibility. NNN lease on the commercial space. Real estate taxes are paid by tenant upon renewal following initial sixty-month term. Both apartments feature: (2) bedrooms, 1 full bathroom, stainless steel kitchen appliances & washer/dryer in units. Second floor has an outdoor space. 3rd floor is leased at $1,550/month through 11/30/2025 & 2nd floor is $1,450 a month. Each unit is separately metered & tenants pay all utilities. The building is located in a Qualified Opportunity Zone (QOZ), possible tax benefits for investors to defer or eliminate federal taxes on capital gains. Great location and fully occupied
PROPERTY FACTS In Escrow
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,969 SF
Building Class
C
Year Built
1930
Price
$963,979 CAD
Price Per SF
$242.88 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.25
Lot Size
0.04 AC
Opportunity Zone
Yes
Zoning
CMX2 - Neighborhood-serving retail and service uses with mixed-use potential.
Frontage
41’ on Old York Rd
Walk Score®
Very Walkable (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 871257950 | Improvements Assessment | $297,890 CAD |
| Land Assessment | $74,473 CAD | Total Assessment | $372,363 CAD |
PROPERTY TAXES
Parcel Number
871257950
Land Assessment
$74,473 CAD
Improvements Assessment
$297,890 CAD
Total Assessment
$372,363 CAD
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6728 Old York Rd
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