Frankford Ave
Philadelphia, PA 19124
Frankford Mixed Use Properties · Spécialité Propriété À vendre · 29 586 pi²

Prime investment opportunity in the rapidly developing Frankford neighborhood of Philadelphia! This rare offering features six commercial properties being sold together as one package, creating a versatile portfolio with endless potential. Zoned CMX2, the properties allow for a wide variety of uses, including retail storefronts, office spaces, residential apartments, or mixed-use redevelopment. The property currently grosses $31,650/month and $379,800/year. All of the units are powered by electric only; there is no gas. The tenants pay for the electric while the landlord covers the common area electric and water for the building. There is also an active rental license in place for the residential units. This cash flow is perfect for an investor looking to add 6 more properties to their rental portfolio. You won't even need to put any work into the units; you will have immediate cash flow from day one. Configured for office/storefront use with apartments above, this property is ideal for a variety of commercial and residential applications. The CMX2 zoning supports retail, office, and residential combinations, making it a versatile addition to any investment portfolio. Located in a growing area with strong visibility and accessibility, the building benefits from proximity to neighborhood amenities, public transportation, and major roadways. Its size, layout, and vacancy allow for immediate redevelopment, occupancy, or income-producing potential. This is a rare chance to secure a sizable mixed-use property with endless possibilities. Schedule your showing today!