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Property profile & analytics
OFF-MARKET
Industrial properties

813 Latona St Philadelphia, PA 19147-5039

868 SF 0.01 ac lot Built 1920
Individually Owned 14-yr Hold ~ Est. High Equity
Property ID
US73-5920440
Property summary
AI-generated overview

This exceptional mixed-use property, located at 813 Latona Street in Philadelphia, Pennsylvania's vibrant Passyunk Square neighborhood, presents a unique investment opportunity. The 868 square foot building, constructed in 1915, features two stories and sits on an 868 square foot lot. Currently configured with a ground floor suitable for office, storage, or garage use, and a recently remodeled second floor with a kitchenette and full bathroom, this property offers incredible versatility. The second floor's renovation adds modern convenience to the historic charm of the building. The property is zoned RSA5 and is offered fee simple. Its unbeatable location, just 50 feet from Geno's Steaks and the Italian Market, boasts a Walk Score of 96, a Transit Score of 74, and a Bike Score of 81, ensuring easy access to amenities and transportation. The building requires some TLC, but the potential for return on investment is significant given the high-traffic location and the current month-to-month tenancy. Nearby attractions include numerous restaurants, schools, and parks. The property is also conveniently located 18 minutes from the BSL NRG Station. This is an ideal owner-user opportunity in a highly sought-after area. The asking price is $175,000, translating to $201.61 per square foot. The property includes one unit and is classified as Class C. This is a rare chance to own a piece of Philadelphia's rich history and vibrant culinary scene.

Property profile
Verified
Property type Industrial properties
Use group CONSTRUCTION/CONTRACTING SERVICES
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 868 SF
Lot 0.01 ac (434 SF)
Zoning code RSA5
APN 88-4-3404-71
UPID US73-5920440
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Super Signs (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Carl R Forcillo · 14 yrs held
Carl R Forcillo
since 2011
2 recorded transactions
2011
$90,000
2006
$65,000
Zoning & alternative use
RSA5 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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