1517 Belfield Ave Philadelphia, PA 19140
This exceptional mixed-use investment opportunity in Philadelphia, Pennsylvania, presents a unique chance to acquire a thriving commercial property alongside two adjacent vacant lots. The main property, located at 1517-1521 Belfield Avenue, is a creatively designed office space and storefront, currently listed at $208,000. Its convenient location near LaSalle University and Central High School, coupled with the proximity to the Fern Rock Transportation Center, ensures high visibility and accessibility. The property is zoned CMX2. The sale includes two adjacent vacant lots, situated at 1517 and 1519 Belfield Avenue, each priced at $54,000. These lots are zoned RM1, allowing for the potential development of up to three residential units, significantly expanding the investment potential. The combined purchase presents a compelling opportunity for both immediate income generation and future development. The property is being sold "as is," and prospective buyers are responsible for conducting their own due diligence. This package offers a rare blend of established commercial income and significant future development potential in a desirable Philadelphia neighborhood. The zip code is 19140.
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.