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    4200 Ridge Ave Philadelphia, PA 19129

    For Sale
    $1,499,000

    Historic Riverfront Office, 8,600 SF

    Property size:
    8,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional three-story commercial building, situated on a 6,262 sq ft lot at 4200-4206 Ridge Ave in Philadelphia, PA 19129, presents a unique investment opportunity. Built in 1900 and renovated in 2003, this 8,600 sq ft traditional office space boasts 100% occupancy under a net lease arrangement with multiple tenants. The property features approximately six parking spaces and benefits from a prominent 60-foot frontage. Its prime location directly off Kelly Drive and the Schuylkill River offers unparalleled visibility and access. The building is listed on the Historic Register and zoned CMX-2.5, providing flexibility for various uses. The asking price is $1,499,000, translating to $174.30 per square foot. With a total improvement area of 9,936 sq ft, this property offers substantial potential for future growth and return on investment. The OPA Account Number is 882250585. This is a rare chance to acquire a piece of Philadelphia's rich history and a thriving commercial asset.

    Property Features for 4200 Ridge Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    8,600 SF

    Building Details

    Year Built/Renovated
    1900/2003
    Stories
    3

    HighLights

    • Three‑story building plus basement, approximately 8,600 square feet.
    • 6,262 square foot lot.
    • Six parking spaces (approximate).
    • Historically registered exterior.
    • 9,936 square foot building footprint.
    • 60‑foot frontage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Metro Church in Philadelphia Church Rhd United Peers Non-Profit Organization

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.194306580105
    Latitude
    40.008614449339

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    FAQs

    What type of property is this?
    Office Property / Space - Historic Riverfront Office, 8,600 SF
    Where is this office property / space located?
    The property is located at 4200 Ridge Ave Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $1,499,000.
    What are key features of this property?
    This property features: Three-story building plus basement, approximately 8,600 square feet.; 6,262 square foot lot.; Six parking spaces (approximate).
    Request Owner's contact information
    4200 Ridge Ave Philadelphia, PA 19129
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4200 Ridge Ave Philadelphia, PA 19129
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