4200 Ridge Ave Philadelphia, PA 19129
- Investment properties
- 9,936 SF
- 0.14 lot acres
Current Use by Public Records
- Metro Church in Philadelphia / Church / Gospel Church
- Rhd United Peers / Non-Profit Organization
Property Details for 4200 Ridge Ave
- Year built
- 1900
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.14 lot acres
- Property size
- 9,936 SF
- Zone code
- CMX2.5
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 88-2-2505-85
- APU
- 882250585
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.1944
- Latitude
- 40.0088
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
