Mixed-Use Building in Qualified Opportunity
For Sale
$699,000
1729 RIDGE AVENUE, Philadelphia, PA 19130
Mixed-use building with commercial space and renovated residential units.
Lot Size0.03 Acres
Days on Market641
Property Features for 1729 RIDGE AVENUE
General Information
Standard status
Active
Lot size
0.03 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1900
Listing Agency:
Scope Commercial Real Estate Services, Inc.
(267) 252-0223
Listed By:
Joe Loonstyn · License #RS351792
(267) 252-0223
Source:
Exitrealty
Added: Oct 29, 2024
Changed: Jul 6
Last Checked: Jul 31 at 3:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Scope Commercial Real Estate Services, Inc.
Investment Insights
Based on property information with market context.
Located at 1729 Ridge Avenue, this mixed-use building features a ground-floor commercial space and two residential units on the upper floors. The apartments have been recently renovated with new flooring, kitchens, bathrooms, and updated systems. Each unit is individually metered, and tenants are responsible for utilities. The commercial space is suitable for an owner-occupant business. The property extends from Ridge Avenue to Cambridge Street, providing exclusive rear access to the residential units. Situated in a Qualified Opportunity Zone (QOZ), the property is centrally located between Fairmount, Girard College, and Temple University.
Key Highlights
- Recently renovated apartments featuring new flooring, kitchens, and bathrooms
- Mixed‑use building with ground‑floor commercial space and two residential units
- Located in a Qualified Opportunity Zone (QOZ)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,556
Businesses Nearby
96k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 29%
Groceries 9%
Home Improvements & Furnishings 2%
KFC
Dining
32,572 visits/mo
0.3 miles
Sunoco
Shops & Services
14,890 visits/mo
0.4 miles
Dunkin' Donuts
Dining
9,196 visits/mo
0.4 miles
Applebee's
Dining
8,592 visits/mo
0.5 miles
Grocery Outlet Bargain Market
Groceries
8,579 visits/mo
0.4 miles
Demographics for 19130, PA
31,477
Population
18,178
Households
1.7
Avg Household Size
34
Median Age
78%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
26,231
Density / Sq Mi
$110,436
Median Household Income
$76,051
Median Earnings
$1,836
Median Rent
$483,500
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Philadelphia, PA
Properties on Market for Mixed-use properties in Philadelphia
Vacancy Rate% for Retail in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building with commercial space and renovated residential units.
Where is this mixed-use property located?
The property is located at 1729 RIDGE AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Recently renovated apartments featuring new flooring, kitchens, and bathrooms; Mixed‑use building with ground‑floor commercial space and two residential units; Located in a Qualified Opportunity Zone (QOZ)
