3720-22 Mount Vernon St,PHILADELPHIA, PA 19104
PHILADELPHIA, PA 19104
Description
Discover a unique investment opportunity in this charming commercial property, built in 1940 and brimming with potential. Nestled in a vibrant community, this masonry structure offers a solid foundation for your next venture. With a lot size of 0.04 acres, the property is compact yet versatile, making it ideal for a variety of business uses or a creative redevelopment project. The property is conveniently located less than a mile from a bus stop, ensuring easy access for both customers and employees. This prime location enhances its appeal, providing excellent visibility and foot traffic potential. While the property requires major rehabilitation, this presents a blank canvas for investors looking to customize and modernize the space to meet current market demands. Imagine transforming this property into a trendy retail space, a cozy café, or even a professional office. The possibilities are endless, and with the right vision, you can significantly increase its value and rental income potential. The surrounding area is ripe for growth, making this an opportune time to invest in a property that can yield substantial returns. The existing structure features a unique character that can be preserved or reimagined, allowing you to create a space that resonates with the community. The masonry construction provides durability and a classic aesthetic that can be enhanced with modern finishes. Investors will appreciate the on-street parking options available, making it convenient for visitors and clients alike. The public parking features further enhance accessibility, ensuring that your future tenants or customers can easily reach your business. This property is not just a building; it's a chance to be part of a thriving neighborhood. With the right renovations, you can create a welcoming environment that attracts a diverse clientele, fostering a sense of community and connection. Seize this opportunity to invest in a property with immense potential. With strategic planning and a vision for revitalization, you can turn this diamond in the rough into a profitable venture that stands the test of time. Don't miss out on the chance to make your mark in this growing area-schedule a viewing today and start envisioning the possibilities!
Details
| MLS # | PAPH2591118 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1940 |
| Days On Site | 154 |
| Listing Provided By | Realty Mark Cityscape-Huntingdon Valley | Chuck K Kim |
Features
| Story(s) | 2 |
|---|---|
| Units | 5 |
| Zoning | RSA5 |
| Acreage | 0.04 |
Interior
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Other |
Exterior
| Roof | Unknown |
|---|---|
| Construction Materials | Masonry |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Public |
Taxes
| Tax Annual Amount | 2099 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19104 |
| Area | 19104 (19104) |
| School District | PHILADELPHIA CITY |
| High School | WEST PHILADELPHIA |
| Listing VS Median (in 19104) | |
Price: $390,000 low | high Med: $2,858 On site: 154 low | high Med: 588.5 | |
Market Activity 19104
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19104 |
| Area | 19104 (19104) |
| School District | PHILADELPHIA CITY |
| High School | WEST PHILADELPHIA |
| Listing VS Median (in 19104) | |
Price: $390,000 low | high Med: $2,858 On site: 154 low | high Med: 588.5 | |
