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    1750 Bridge St Philadelphia, PA 19124

    Sponsored
    For Sale
    $824,900

    Turnkey, high-cash-flow business

    Property size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a fully operational, 20-bed personal care home in Philadelphia, PA. The property boasts two buildings totaling 5,000-5,500 square feet, meticulously maintained and operated for over two decades. Building one, a three-story structure at 1750 Bridge St, features three bedrooms, a kitchen, dining room, office, two full bathrooms, and an unfinished basement. Building two, at 1754 Bridge St, is a two-story building with eight rooms, four full bathrooms, a commercial kitchen, dining area, office, half bathroom, and reception area on the lower level, plus five additional bedrooms and two bathrooms upstairs. Currently operating at 100% occupancy (as of September 4, 2024), this facility generates a substantial pro-forma NOI of $171,652, representing a 20.81% pro-forma cap rate. The property is zoned RAS-5 with a Y50 Use designation, permitting health and personal care facilities. Other potential uses, subject to variance, include daycare, residential apartments, drug rehabilitation, and institutional uses. The asking price is $824,900, representing a below-market value for a turnkey operation with a proven track record and significant upside potential. All necessary licenses are in good standing, and financial and licensing documents are available upon request to pre-qualified investors. A non-disclosure agreement is required. This is a rare opportunity to acquire a highly profitable, established business with a consistent waiting list.

    Property Features for 1750 Bridge St

    General Information

    Property type
    Retirement homes
    Square Feet
    5,000 SF
    Class
    B

    Building Details

    Year Renovated
    2014
    Buildings
    2
    Units
    18

    HighLights

    • All licenses current and in good standing.
    • Positive cash flow.
    • Meticulously maintained and managed for over 20 years.
    • 100% occupancy with a waiting list provided by the PA Dept. of Human Services.
    • Excellent condition with recent upgrades.
    • Below‑market pricing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Richardson Group Senior ... Senior Citizen Center

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.074276540537
    Latitude
    40.020380528944

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    FAQs

    What type of property is this?
    Retirement home - Turnkey, high-cash-flow business
    Where is this retirement home located?
    The property is located at 1750 Bridge St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $824,900.
    What are key features of this property?
    This property features: All licenses current and in good standing.; Positive cash flow.; Meticulously maintained and managed for over 20 years.
    Request Owner's contact information
    1750 Bridge St Philadelphia, PA 19124
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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
    1750 Bridge St Philadelphia, PA 19124
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