1019 W Sedgley Ave Philadelphia, PA 19140

This unique corner property features a large parking lot accommodating over 50 vehicles. The property spans approximately 3,600 sq. ft. on a lot of about 36,547 sq. ft., comprising approximately 16 lot addresses. Zoned I-2, the property offers flexibility for various business types. The focus of the sale is the real estate and the large lot. Currently operating as a coin laundromat with 46 dryers and 41 washers, the laundromat business can be included, though it is not the primary basis of the sale. The laundromat space features tile floors, ceiling fans, and ample natural light. A half bathroom and a utility room are located within the laundromat. Recent updates include new stucco and a new central heating system in 2021, a newer 6-inch sewer line in 2018, and a newer aluminum and rubber roof in 2018. Video surveillance cameras are installed outside the property. Septa bus and trolley stops, along with other public transportation options, are easily accessible. The property is located close to shopping centers, supermarkets, stores, gyms, restaurants, and parks, with easy access to major highways. It is also situated minutes away from Temple University School of Pharmacy, Temple Medical Schools, Temple University Hospital, and Temple University Main Campus. The property is being sold in AS-IS condition. A proposed redevelopment project of multi-family household living with 80 dwelling units and parking spaces is planned for the property directly across the street at 1020-30 W. Sedgley Avenue.