Property

Philadelphia, PA 19130 1604 Ridge Avenue

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Presented By: BHHS Fox & Roach-Art Museum
  • MLS# PAPH2398224
  • 09/18/2024
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  • SQFT • 3,000

Home Details

Franciville/Fairmount area property, boasting just under 3,000 square feet of space, is just 2 blocks west of North Broad Street and the Avenue of the Arts North, walkable to places like The Met Philadelphia, as well as SOUTH, Osteria and many other restaurants, and is located in the center of a bustling cultural hub with new condos, original homes and commercial corridors alike. The property presents an unparalleled opportunity for savvy investors seeking substantial returns. This property boasts a diverse mix of commercial and residential spaces, ensuring a steady stream of income that promises to maximize your ROI. The possibility of owner occupancy for the commercial unit is also a consideration. All tenants will remain in place if buyer choices Whether through rebranding, or strategic leasing, there are numerous avenues to further capitalize on this property and unlock its full ROI potential. Commercial unit is approximately 1000sqft. Upgrades and rehab through -out were done 2020/2021. Please see the P &L located in documents.
Presented By: BHHS Fox & Roach-Art Museum

Interior Features for 1604 Ridge Avenue

Other Interior Features

Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot Water60+ Gallon Tank

General for 1604 Ridge Avenue

Acceptable FinancingCash, Conventional
AccessibilityNone
Business TypeProfessional
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingDuctless/Mini-Split, Central A/C
CountyPHILADELPHIA
DirectionsPlease Use GPS
FULLFee Simple
Heating90% Forced Air
Lot Size Square Feet1466.00
Lot Size UnitsSquare Feet
MLS Area19130 (19130)
ModificationTimestamp2024-11-01T14:28:03
MunicipalityPHILADELPHIA
New ConstructionNo
NumberOfUnitsTotal3
Possession0-30 Days CD
Property SubtypeMixed Use
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameFRANCISVILLE
Tax Annual Amount4437.0
Tax Assessed Value317000.0
Tax Lot102
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1920
Year Built SourceAssessor
ZoningCMX25

Exterior for 1604 Ridge Avenue

Building Area Total0.00
Car Parking Spaces
Land Assessed Value63400.00
Land Use CodeY50
Lot Dimensions19.00 x 76.00
Lot Size Acres0.03
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Fabiane Farias

Associate
Price $739,000
MLS#PAPH2398224
List Date 09/18/2024
Property Type Commercial
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