6422 Palmetto Street
Philadelphia, PA, 19111 $ 3,350,000
Baths0.0 Monthly Estimate*
$ 20,063
Studio
for $3,350,000. The lot size is 0.24.
Great Opportunity for an investor and an owner to occupy this 11,629 square feet with a finished basement of 3471 square feet located on 6423-25 Rising Sun Ave. The bank has both entrances from Rising Sun Ave and a parking lot with a large open corridor, lobby, waiting area, personal banker cubicles, reception, meeting room, teller vault, safe deposit vault, men + ladies bathroom, 2-private executive office with bath, lunch room, 2 large conference room with plenty of storage rooms. The adult care center has both entrances large lobby, 4 private offices, a large conference room in the back with a kitchenette, a work room, and 4 bathrooms. The finished basement has 5 large office rooms, 2 baths, a kitchenette, utility rooms, and plenty of storage spaces. There are sprinkler systems in the building, the new roof was installed in April 2024 and the adult care was renovated a few years ago. There are 6 rooftop HVAC Units and 3 were installed after 2017. There are large signages in the front and the back street. Currently, both tenants Bank of America's 7,398 sf and the Adult Care center's 4231 square feet are occupying. This sale included 2 additional lots currently 75 parking spaces 6410-20 Parlmetto Street #885681300 and 6422 Palmetto Street # 885682140. The parking lots are shared between both tenants now and the bank does have a drive-thru in the back. Both front entrances are on Rising Sun Ave and the parking entrance and exit are on Levick Street and Palmetto Street. Conveniently located on this busy Rising Sun Ave in the most desirable Northeast Philadelphia, Minutes to Montgomery County, Center City. Also, the building is for lease at $22.00 per square foot. The buyer and agent must check the size and zoning. All showing must send POF before showing.
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Lots and Land ActiveFinancial,Drive-Thru,Professional Service
FeaturesGeneralSewer Public Sewer
Possession Immediate
Zoning RSA5
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Exclusions Bank of America & Adult Care Center Business Assets
Property SubType Land
Tax Year 2024
Current Use Financial Drive-Thru Professional Service
Percent Ownership Fee Simple
Municipality PHILADELPHIA
Additional Parcels Description 6423-25 Rising Sun Ave OPA 882962910 and 6410-20 Palmetto Street OPA# 885681300
County PHILADELPHIA
Property Type Land
Home Owner Association Y/N N
Subdivision Name LAWNDALE
Possible Use Commercial Day Care Drive-Thru
Water Access Y/N N
Status ACTIVE
Directions Levick Street to North on Palmetto Street
City PHILADELPHIA
MLS Area 19111 (19111)
Lot Size Units Square Feet
Lot Size Square Feet 10397.00
Waterfront Y/N N
Tax Annual Amount 1499.0
Condo/Coop Association Y/N N
Clean Green Assessed Y/N N
Price Per Sq Ft Total AG 322.21
Acceptable Financing Cash Contract Conventional
Additional Parcels Y/N Y
Lease Considered Y/N Y
Vacation Rental Y/N N
Days on Market 149
Standard Status Active
Tax Lot 207
Association Recreation Fee N
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ExteriorWater Source Public
Inclusions 6423-25 Rising Sun Ave OPA 882962910 and 6410-20 Palmetto Street OPA# 885681300
Water View Y/N N
Lot Dimensions 74.00 x 141.00
Lot Size Acres 0.24
Lot Size Source Assessor
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByKeller Williams RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $20,063
- Monthly Property Taxes
- $125
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 5.99% 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.
Learn more about how to save NearbyLots and land listings in Philadelphia, PA
Average List Price $164,807
Percent of Sale Price 95%
About Philadelphia, PA 1,588,239 Population
5% Since 2002
$ 42,223 Median Income
36 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533249 Elementary School
3533189 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
6/5/2024 | $3,350,000 | -4.29% | Price Down |
4/13/2024 | $3,500,000 | | Listed Price |