1702 Cecil B Moore Ave | Philadelphia, PA 19121
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1702 Cecil B Moore Ave
Philadelphia, PA 19121
Retail Property For Sale
Executive Summary
Welcome to an exceptional investment opportunity in close proximity to Temple University campus! This four-story Vacant commercial/multi-family property presents an ideal prospect for investors, particularly those interested in student housing. Situated on an 18 x 80 lot, this property boasts a versatile layout designed to maximize its earning potential. The first floor features a spacious commercial space with flexible usage options, making it suitable for offices, retail stores, non-profit organizations, and more. This prime location ensures high visibility and foot traffic, enhancing the appeal for various business ventures. ****This property can be a package purchase with 1704 Cecil B. Moore, the attached building for $1,499,900 for further investment opportunity.**** Above the commercial space are three units, each comprising five bedrooms and three full bathrooms. With ample living space and modern amenities, these units are perfectly tailored to meet the housing needs of Temple University students. Whether utilized as long-term rentals or short-term accommodations, these units offer lucrative income potential. Furthermore, the property benefits from a remaining tax abatement, providing valuable savings for the discerning investor. This advantageous financial incentive adds to the appeal of this investment opportunity, allowing for increased profitability over time. Don't miss out on the chance to capitalize on this prime investment near Temple University. Whether you're a seasoned investor or new to the market, seize this opportunity to secure a profitable asset in one of Philadelphia's most sought-after locations. Schedule a viewing today and take the first step towards realizing your investment goals!
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,400 SF
Building Class
C
Year Built/Renovated
1915/2017
Price
$1,018,253 CAD
Price Per SF
$189 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
3.00
Land Acres
0.04 AC
Zoning
CMX25 - Mixed Commercial
Frontage
25 ft on Cecil B. Moore Avenue
Amenities
- Air Conditioning
PROPERTY TAXES
Parcel Number | 871403235 | Improvements Assessment | $649,900 CAD |
Land Assessment | $162,475 CAD | Total Assessment | $812,376 CAD |
PROPERTY TAXES
Parcel Number
871403235
Land Assessment
$162,475 CAD
Improvements Assessment
$649,900 CAD
Total Assessment
$812,376 CAD
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