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    1638 Passyunk Ave Philadelphia, PA 19145-3846

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    1638 Passyunk Ave Philadelphia, PA 19145-3846


    • Office buildings
    • 2,276 SF
    • 0.05 lot acres
    Off-Market
    Last Sale Jun 29, 2022
    $500,000
    Property ID
    US73-2440359
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Office buildings

    Property Details for 1638 Passyunk Ave

    Year built
    1920
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.05 lot acres
    Property size
    2,276 SF
    Zone code
    CMX2.5
    Property type
    Office buildings
    APN
    88-3-3759-95
    APU
    883375995

    Description

    This exceptional 2,000 square foot commercial property, located at 1638 W Passyunk Avenue in South Philadelphia, presents a unique investment opportunity. Originally constructed in 1931 as a gas testing station, the building boasts a rich history and has most recently served as a medical office. The flexible CMX-2.5 zoning allows for a diverse range of uses, making it ideal for various businesses. The property features two 1,000 square foot levels: a ground floor and a finished basement, providing ample space for operations. The current owner is open to collaborating on significant interior renovations to suit a prospective tenant's specific needs. Benefit from the building's high visibility and ample signage opportunities on Passyunk Avenue, a bustling commercial corridor with significant foot traffic. The wide sidewalk in front enhances accessibility and visibility. This is a fantastic chance to establish your business in a vibrant and thriving South Philadelphia neighborhood. The property is offered as a single-tenant space, providing exclusive occupancy and control.


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    Location Insight

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    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1744
    Latitude
    39.9244
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,950
    $151,940
    $344,560
    $496,500
    -
    $151,940
    $344,560
    $496,500
    More about this property
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