Description
Calling all commercial investors and developers for an excellent development opportunity in kingsessing.
this large corner property has a lot size of 70 x 125 or 8,750 sqft with a curb cut on the 49th street side leading to ample parking.
the building currently has 4 commercial units totalling 6,810 sqft and current occupants include a laundromat, a convenience store, a church and one vacant unit.
all leases are on a month to month contract allowing for the property to be delivered occupied or vacant at closing. the size and zoning of this property allows for the addition of 15 to 20 residential units by right. alternatively, the current building could be demolished in order for the construction of a large new condo or apartment building with commercial units on the first floor.
additional features include its convenient location next to multiple transit lines, the 13 trolly servicing the darby transportation center to market east jefferson station, and septa regional rail media/wawa line, with service from media station to center city and temple university.
it is also in walking distance to shopping and nightlife on baltimore ave. and a short commute to upenn, drexel university and center city.
Property Type
Multi-FamilySubdivision
KingsessingCounty
PHILADELPHIAStyle
TraditionalAD ID
48687493
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Heating & Cooling
- Cooling: Other
- Heating: Other
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas,Electric
-
Exterior Features
Building Information
- Year Built: 1925
- Structure: Other
- New Construction: No
- Total Units: 4
- Built: 1925
- Construction Material: Masonry
- Foundation/Basement: Permanent
- Architecture: Traditional
- Pool/Private: No Pool
Exterior Features
- Utilities: Natural Gas Available,Electric Available
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Natural Gas
-
Property / Lot Details
Lot Information
- Lot Size: 8,750
- Dimensions: 70.00 x 125.00
- Lot Size (Acres): 0.20
- Architectural Style: Traditional
- Main Square Feet: 8,750
Property Information
- SQ ft: 6,610
- SQ ft (Living Area): 6,610
- Total Lot SQ ft: 8,750
- Subdivision: KINGSESSING
- Financing: Cash,Conventional,FHA
- Appx. Lot Dimensions: 70.00 x 125.00
- Total Acreage: 0.20
- New Construction: No
- Type: Traditional
-
Listing Information
Listing Information
- Possession: 0-30 Days CD,31-60 Days CD
- Days Of Market: 38
-
Taxes / Assessments
Tax Information
- Annual Tax: $7,787
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- 0-30 Days CD,31-60 Days CD
Assessment Information
- Taxes Assessment Amount: $556,300
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: Parking Lot
Multi-Unit Information
- Acceptable Financing: Cash,Conventional,FHA
Homeowners Association Information
- Direction: GPS
-
School, Utilities & Location Details
School Information
- School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Utility Information
- Natural Gas Available,Electric Available
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas,Electric
- Hot Water: Natural Gas
Location Information
- Direction: GPS
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BuyOwner last updated this listing 06/01/2025 @ 13:24
- MLS: PAPH2448574
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 8,750 sized lot, and 0 parking. are nearby neighborhoods.