4068 Ridge Ave Philadelphia, PA 19129
- Day care centers
- 3,976 SF
- 0.14 lot acres
Current Use by Public Records
- Day care centers
Property Details for 4068 Ridge Ave
- Year built
- 1960
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.14 lot acres
- Property size
- 3,976 SF
- Zone code
- ICMX
- Property type
- Day care centers
- APN
- 88-2-9722-40
- APU
- 882972240
Description
This 3,900 square foot multifamily apartment building is located at 4068 Ridge Avenue in Philadelphia, Pennsylvania, 19129. The property sits on a highly visible site along Kelly Drive and Ridge Avenue, boasting excellent visibility and accessibility. Zoned ICMX (Industrial Commercial Mixed Use), this versatile property presents a unique development opportunity. Previously used as a daycare center, the building offers on-site parking, supplemented by a nearby public parking lot. Its prime location places it adjacent to popular restaurants, In Riva and Le Bus, enhancing its appeal and potential for increased foot traffic. The building's size and zoning flexibility make it suitable for a variety of uses, presenting a compelling investment opportunity in the thriving East Falls neighborhood. The property's location in Philadelphia County offers access to a robust infrastructure and a diverse population. This is a rare chance to acquire a well-situated property with significant upside potential in a desirable area. The building's history as a daycare center provides a solid foundation for future development or repurposing. The combination of its location, zoning, and existing infrastructure makes this a truly exceptional investment prospect.
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
- -75.1913
- Latitude
- 40.0076
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
