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7308 Castor Ave 4,440 SF Office Building Philadelphia, PA 19152 $1,799,330 CAD ($405.25 CAD/SF) 8.30% Cap Rate
Executive Summary
Prime Commercial Storefront for Sale – Castor Avenue Corridor
Take advantage of this exceptional opportunity to own a fully improved commercial storefront in the highly sought-after Castor Avenue business district. This property is part of a well-maintained strip mall, offering excellent visibility and steady foot traffic.
Please note: This sale is for real estate only—business and goodwill are not included.
The space has been thoughtfully upgraded with numerous recent improvements, including:
Brand-new cooling systems
Walk-in refrigerators
Updated electrical systems
New roofing
Modern flooring and lighting throughout
An added bonus is the adjacent storage area, providing valuable extra space for operations or inventory.
Convenient parking options are available with ample street parking along Castor Avenue, as well as additional parking in the rear lot.
This turnkey commercial space is ideal for a variety of retail or service uses—ready for your vision to move right in.
Take advantage of this exceptional opportunity to own a fully improved commercial storefront in the highly sought-after Castor Avenue business district. This property is part of a well-maintained strip mall, offering excellent visibility and steady foot traffic.
Please note: This sale is for real estate only—business and goodwill are not included.
The space has been thoughtfully upgraded with numerous recent improvements, including:
Brand-new cooling systems
Walk-in refrigerators
Updated electrical systems
New roofing
Modern flooring and lighting throughout
An added bonus is the adjacent storage area, providing valuable extra space for operations or inventory.
Convenient parking options are available with ample street parking along Castor Avenue, as well as additional parking in the rear lot.
This turnkey commercial space is ideal for a variety of retail or service uses—ready for your vision to move right in.
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Building Size
4,440 SF
Building Class
C
Year Built
1972
Price
$1,799,330 CAD
Price Per SF
$405.25 CAD
Cap Rate
8.30%
NOI
$149,344 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,440 SF
Slab To Slab
8’
Building FAR
0.77
Lot Size
0.13 AC
Zoning
C2 - C2 zoning allows for a variety of commercial uses like retail stores, restaurants, offices, and hotels.
Amenities
- Signage
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 882926295 | Improvements Assessment | $618,748 CAD |
| Land Assessment | $154,687 CAD | Total Assessment | $773,435 CAD |
Property Taxes
Parcel Number
882926295
Land Assessment
$154,687 CAD
Improvements Assessment
$618,748 CAD
Total Assessment
$773,435 CAD
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7308 Castor Ave
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