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4-Unit Mixed-Use Property

15 E Chelten Avenue, Philadelphia, PA 19144

For Sale
$650,000

The building combines restaurant operations, a cell phone business, and two apartments with separate entrances.

Property Size7,000 SF
Price / SF$92.86
Days on Market21

Property Features for 15 E Chelten Avenue

General Information

Standard status Active
Size 7,000 SF
Zoning CMX25

Site & Location

Neighborhood Morton
Mixed-Use Components retail, residential

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Floor 1
Business Included Yes
Seating Capacity 20

Taxes and HOA fees

Annual Taxes $2,662

Amenities

Natural Gas
Yes
Electric
Only business for sale not including real estate,It is a bustling area with many big,famous brands around it. The commercial area is divided into two restaurants. The facilities are very good. On one
No
Public
Y50
19.00 x 71.00
0.03
Assessor
On Street
0.00
38040.00

Building Details

Year Built 1890
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: PK PROPERTY INC.
Listed By: Peter Han · License PA RM422904
Source: Moveritenow
Added: Oct 20 Changed: Nov 9 Last Checked: Nov 9 at 7:36PM

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 PK PROPERTY INC.

Rey
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Investment Insights

Based on property information with market context.

At 15 E Chelten Ave in Philadelphia, this four-unit property includes two restaurant spaces, a cell phone business, and two apartments. The renovated restaurant area is equipped with a cooking grill and fryer, with seating for about 20 diners and a separate stand bar. The restaurant currently operates from 6 a.m. to 2 p.m. A cell phone business occupies a roughly 300-square-foot unit on the first floor.

The second floor contains two vacant three-bedroom apartments, each with a kitchen, bathroom, and separate entrance. The property also includes restaurant facilities and the existing commercial tenancy.

Key Highlights

  • Four units: two restaurant spaces, a cell phone business, and two apartments
  • Renovated restaurant area includes a cooking grill, fryer, seating for about 20, and a stand bar
  • Cell phone business occupies approximately 300 SF on the first floor

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Total ATM Services Atm CU Breakfast. Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service HVAC Service Big Box & Wholesale Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,945
Businesses Nearby
119k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 63% Shops & Services 27% Groceries 6% Electronics 2%
McDonald's Dining
22,820 visits/mo 0.1 miles
Wendy's Dining
17,023 visits/mo 0.5 miles
Burger King Dining
14,786 visits/mo 0.4 miles
Dunkin' Donuts Dining
13,386 visits/mo 0.4 miles
PNC Bank Shops & Services
8,005 visits/mo 0.4 miles

Demographics for 19144, PA

44,481
Population
23,583
Households
1.9
Avg Household Size
37
Median Age
35%
College-Educated
90%
High-School Grad
3.6 sq mi
ZIP Area
12,356
Density / Sq Mi
$45,727
Median Household Income
$36,020
Median Earnings
$1,110
Median Rent
$224,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Mixed-use properties in Philadelphia, PA

$234 Jul
$225 Aug
$209 Sep
$208 Oct

Properties on Market for Mixed-use properties in Philadelphia

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Philadelphia, PA

6.7% 2019
8.2% 2020
7.8% 2021
6.6% 2022
6.2% 2023
5.5% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The building combines restaurant operations, a cell phone business, and two apartments with separate entrances.
Where is this mixed-use property located?
The property is located at 15 E Chelten Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Four units: two restaurant spaces, a cell phone business, and two apartments; Renovated restaurant area includes a cooking grill, fryer, seating for about 20, and a stand bar; Cell phone business occupies approximately 300 SF on the first floor
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