1905-7 Washington Ln Philadelphia, PA 19138
This exceptional 3,444 square foot storefront, located at 1905-7 E Washington Ln in Philadelphia, PA 19138, presents a remarkable investment opportunity. Built in 1950, this single-story, Class C retail property boasts a spacious main floor ideal for a variety of businesses. Large display windows ensure excellent visibility, attracting customers from the bustling surrounding neighborhoods of Cedar Brook and West Oak Lane. A full-sized basement provides ample storage for inventory, while a convenient half-bathroom caters to both staff and customers. A versatile guest room offers additional flexibility, potentially serving as an office, break room, or showroom. A rear garage and driveway provide easy access for deliveries. The property is zoned CMX2 and includes all existing business inventory for a limited time. This turnkey operation is perfect for an entrepreneur seeking a thriving location with high foot traffic and excellent visibility. The seller, retiring after 30+ years in business, is offering this rare opportunity to establish your own successful venture in a prime Philadelphia location. Don't miss this chance to own a piece of Philadelphia's vibrant commercial landscape. The asking price is $519,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.