8939 Ridge Avenue # 3 Philadelphia, PA $ 1,200,000
8939 Ridge Avenue # 3
$ 1,200,000
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8939 Ridge Avenue # 3

Philadelphia, PA, 19128
$ 1,200,000
Bedrooms-- Baths-- Sq 3,000

Monthly Estimate*

$ 7,389

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Commercial Property for sale in Philadelphia, PA

for $1,200,000. This 3,000 square foot building was built in 1980.

Property in prime location currently used as a medical office, this building consist of 5 total condo units which are all connected and use as one continuous building. Plenty of parking available, entrance in front of building and common area parking in rear of the building. Current tenant is in a triple net lease. Close to public transportation and local shops.

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Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 1,832

Style

Medical

Year Built

1980

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2601746

Features
Interior
Heating Fuel Electric
Flooring Carpet Ceramic Tile Laminate Plank Luxury Vinyl Plank Vinyl
Hot Water Electric
Total Stories 1
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 4
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General
Sewer Public Sewer
Heating Heat Pump - Electric BackUp
Cooling Central A/C
Utilities Cable TV Electric Available Phone Available Sewer Available Water Available
Possession Subject to Existing Lease
Roof Shingle
Zoning CA2
Security Features Exterior Cameras Main Entrance Lock Motion Detectors Security System
Construction Materials Masonry
Exclusions Tenants personal property
Year Built 1980
Electric 200+ Amp Service
Unit Number 3
Property Subtype Five Or More Units
Tax Year 2025
Ownership Condominium
Cool Fuel Electric
Municipality PHILADELPHIA
Gross Income 95481.00
Business Type Medical
Building Name NONE AVAILABLE
Accessibility 2+ Access Exits 36 + wide Halls Level Entry - Main No Stairs
County PHILADELPHIA
Net Operating Income 95481.00
Operating Expense 20600.00
Insurance Expense 400.00
New Construction N
Property Type Commercial Sale
Possible Use Barber/Beauty Clothing Commercial Financial Medical/Dental Office Professional Service Retail
Water Access Y/N N
Status ACTIVE
Directions USE GPS
City PHILADELPHIA
Disclosures Under Lease
Number Of Units Total 5
MLS Area 19128 (19128)
Tax Annual Amount 1832.0
Property Condition Excellent
Price Per Sq Ft Total AG 400.0
Acceptable Financing Cash Conventional
Association Fee 19200.00
Lease Considered Y/N N
Vacation Rental Y/N N
Location Type Business Park
Standard Status Active
Year Built Source Assessor
Tax Lot 50
Total Actual Rent 95481.00
Cap Rate 7.96
Association Recreation Fee N
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Exterior
Lot Features Backs - Open Common Area
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 3000.00
Lot Dimensions 1.00 x 1887.00
Road Surface Type Black Top Paved
Waterfront Y/N N
Door Features Storm
Land Assessed Value 458150.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 8939
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* Excluded Features
List By
Keller Williams Real Estate-Blue Bell

Broker

al@labruscianoteam.com

Email

Affordability Calculator

$7,541
Per Month
98%
2%
0%
Monthly Principal & Interest
$7,389
Monthly Property Taxes
$153
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4/1/2026$1,200,000 Listed Price

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8939 Ridge Avenue # 3, Philadelphia, PA, 19128 is a Commercial Property for sale at $1,200,000 with 3,000 sqft. 8939 Ridge Avenue # 3 was built in 1980. The property's zip code is 19128 which is in Philadelphia, PA