800 N 63Rd Street Philadelphia, PA $ 1,100,000
800 N 63Rd Street
$ 1,100,000
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800 N 63Rd Street

Philadelphia, PA, 19151
$ 1,100,000
Baths0.0 Sq 7,000

Monthly Estimate*

$ 7,311

800 N 63Rd Street, Philadelphia, PA 19151 - Image 1
800 N 63Rd Street, Philadelphia, PA 19151 - Image 2
800 N 63Rd Street, Philadelphia, PA 19151 - Image 3
Studio

Commercial Property for sale in Philadelphia, PA

for $1,100,000. This 7,000 square foot building was built in 1928 on a lot size of 0.14.

-- Below Market Rents: Increase Rents to Market Pricing with Cosmetic Renovations -- Proximity to Public Transportation: Walk to SEPTAs Market-Frankford Line, Trolley and Bus Routes -- Access to Major Arteries: City Avenue (Route 1), Lancaster Avenue (Route 30), and Interstates 76 and 476 -- Convenient to Areas Top Employers: Lankenau Medical Center, St. Josephs University, University of Pennsylvania, Drexel University, Penn Medicine, CHOP & VA Situated on the northwest corner of North 63rd Street and Lansdowne Avenue, the property boasts high visibility and is comprised of 5 apartment units and 7 street-level commercial spaces. The Property features (2) one-bedroom apartments and (3) two-bedroom apartments. The apartments are large with efficient layouts and boast plenty of natural light due to the corner location of the building. The units are currently rented under market rate. Rents can be boosted significantly for additional income with light cosmetic renovations. Currently, the commercial spaces are leased by an adolescent daycare provider, a clothing store, a barber, and a salon. Located on the borders of the Carroll Park and Overbrook Park neighborhoods in West Philadelphia, the Property is well located for transportation purposes. It is a short walk to the 10 and 15 trolley lines, sits near major bus routes, and is 1.5 miles from SEPTAs 60th Street subway station and 69th Street Transportation Center. In addition, the Property provides convenient access to City Avenue (Route 1) and Lancaster Avenue (Route 30) that feeds into Interstates 76 and 476 for access to the areas top employers, shopping, recreation and entertainment in Center City Philadelphia and the surrounding suburbs.

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Commercial Pending

Price

$ 1,100,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 14,398

Style

Apartment Building,Supermarket/Grocery Store

Lot Size

0.14

Year Built

1928

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2290548

Features
Interior
Heating Fuel Other
Hot Water Other
Heating Y/N Y
Street Suffix STREET
Central Air Y/N N
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General
Sewer Public Sewer
Heating Other
Cooling Other
Possession Settlement
Zoning CMX2
Construction Materials Masonry
Year Built 1928
Property SubType Five Or More Units
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Other
Municipality PHILADELPHIA
Business Type Apartment Building Supermarket/Grocery Store Other
Accessibility Other
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status PENDING
Directions Northwest Corner of North 63rd Street and Lansdowne Avenue Located on the borders of the Carroll Park and Overbrook Park neighborhoods in West Philadelphia
City PHILADELPHIA
Buyer Agent Compensation 2.5
Zoning Description Neighborhood Commercial Mixed-Use
NumberOfUnitsTotal 12
MLS Area 19151 (19151)
Lot Size Units Square Feet
Lot Size Square Feet 6150.00
Waterfront Y/N N
Street Name 63RD
Tax Annual Amount 14398.0
Price Per Sq Ft Total 151.6
Vacation Rental Y/N N
Days on Market 23
Standard Status Pending
Year Built Source Assessor
Tax Lot 6
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Water Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 7256.00
Lot Dimensions 41.00 x 150.00
Lot Size Acres 0.14
Lot Size Source Assessor
Land Assessed Value 308580.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 800
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* Excluded Features
List By
Tcs Management, Llc

Broker

alex@tcsmgt.com

Email

Affordability Calculator

$8,511
Per Month
86%
14%
0%
Monthly Principal & Interest
$7,311
Monthly Property Taxes
$1,200
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/23/2023$1,100,000 Listed Price

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800 N 63Rd Street, Philadelphia, PA, 19151 is a Commercial Property for sale at $1,100,000 with 7,000 sqft and a lot size of 0.14. 800 N 63Rd Street is a studio with 0.0 baths and was built in 1928. The property's zip code is 19151 which is in Philadelphia, PA