Discover an exceptional investment opportunity in the heart of West Philadelphia Cobbs Creek where historic charm meets modern convenience. This commercial property, originally built in 1915 and renovated in 2020, offers a unique blend of character and contemporary appeal, making it a prime candidate for savvy investors looking to capitalize on the thriving urban market. The property boasts a solid masonry construction, ensuring durability and low maintenance costs. With a lot size of 0.02 acres, it presents an efficient footprint that maximizes usable space while minimizing upkeep. The renovations completed in 2020 have revitalized the property, enhancing its condition and aesthetic appeal, which is crucial for attracting high-quality tenants or buyers. Located in a bustling area, this property benefits from foot traffic and visibility, essential factors for any successful commercial venture. The vibrant surroundings are filled with shops, restaurants, and cultural attractions, creating a dynamic environment that draws both locals and visitors alike. This prime location not only enhances the property's desirability but also positions it for potential appreciation in value as the area continues to develop. Investors will appreciate the potential for strong rental income, given the increasing demand for commercial spaces in urban centers. The property's strategic location allows for various business opportunities, whether it be retail, office space, hair salon or a yoga-fitness studio. The flexibility of the space can cater to diverse business models, ensuring that it remains competitive in the ever-evolving market. Moreover, the location is often favored for its accessibility, making it an attractive option for businesses looking to establish a presence in a vibrant community. The potential for growth in this area is significant, with ongoing developments and urban revitalization projects that promise to enhance the overall appeal and value of the property. This is more than just a property; it's an investment in a thriving future. With its historic roots, modern renovations, and prime location, this commercial space is poised to deliver impressive returns. Don't miss the chance to secure a piece of this growing area that offers both immediate benefits and long-term potential. Seize this opportunity to invest in a property that embodies the perfect blend of tradition and modernity, ensuring your portfolio thrives in the competitive real estate market. Some photos virtually designed for several business ideas that fit the space.
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Listing Snapshot
Price
$199,900
Days On Site
2 Days
Bedrooms
N/A
Inside Area (SqFt)
1,600 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.02 Acres
Year Built
1915
MLS Number
PAPH2687718
Status
Active
Property Tax
$1,858
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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Recent Activity
2 days ago
Listing updated with changes from the MLS
2 days ago
Listing first seen on site
General Features
Acres
0.02
Additional Property Use
Other
Foundation
Slab
Number Of Stories
2
Parking
On Street
Property Sub Type
Mixed Use
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
1600
Water Source
Public
Zoning
CMX2
Interior Features
Appliances
Gas Water Heater
Cooling
DuctlessElectric
Flooring
LaminateCeramic TileOther
Heating
Electric
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Exterior Features
Fencing
Fenced
Roof
Flat
Community Features
MLS Area
19143 (19143)
School District
PHILADELPHIA CITY
Roads
Paved
Schools
School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Elfant Wissahickon-Chestnut Hill
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