Medical Office Condominium
For Sale
$1,200,000
3-8939 Ridge Ave, Philadelphia, PA 19107
Five connected condo units operate as one continuous medical office with ample front and rear parking.
Property SizeContact for details
Days on Market159
Property Features for 3-8939 Ridge Ave
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$1,832
Listing Agency:
Keller Williams Real Estate-Blue Bell
(215) 646-2900
Listed By:
Albert F LaBrusciano · License #RS149026A
(215) 817-0320
Source:
Exprealty
Added: Apr 1
Changed: Aug 20
Last Checked: Sep 5 at 1:16PM
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 Keller Williams Real Estate-Blue Bell
Investment Insights
Based on property information with market context.
This property is currently used as a medical office and is configured as five total condo units that are connected and function as one continuous building. Ample parking is available, with an entrance at the front of the building and common area parking located to the rear.
The current tenant is in a triple net lease. The building is described as being close to public transportation and local shops.
For buyers seeking a medical office condominium structure with multiple connected units and established operations under a triple net lease, the property’s continuous layout and dedicated parking areas are key features.
The current tenant is in a triple net lease. The building is described as being close to public transportation and local shops.
For buyers seeking a medical office condominium structure with multiple connected units and established operations under a triple net lease, the property’s continuous layout and dedicated parking areas are key features.
Key Highlights
- Medical office building made up of 5 total condo units connected and operating as one continuous building
- Ample parking with an entrance in front of the building and common area parking in the rear
- Currently leased to a tenant under a triple net lease
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
14,998
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19107, PA
17,600
Population
10,239
Households
1.7
Avg Household Size
32
Median Age
72%
College-Educated
92%
High-School Grad
0.5 sq mi
ZIP Area
35,200
Density / Sq Mi
$70,382
Median Household Income
$57,694
Median Earnings
$1,691
Median Rent
$452,500
Median Home Value
Market
Vacancy Rate% for Office in Philadelphia, PA
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Five connected condo units operate as one continuous medical office with ample front and rear parking.
Where is this medical office space located?
The property is located at 3-8939 Ridge Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Medical office building made up of 5 total condo units connected and operating as one continuous building; Ample parking with an entrance in front of the building and common area parking in the rear; Currently leased to a tenant under a triple net lease
