Property

Philadelphia, PA 19140 1019 W Sedgley Avenue

1019 W Sedgley Avenue Philadelphia, PA - Image 11019 W Sedgley Avenue Philadelphia, PA - Image 21019 W Sedgley Avenue Philadelphia, PA - Image 3
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Presented By: Century 21 Advantage Gold-South Philadelphia
  • MLS# PAPH2443548
  • 02/09/2025
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  • SQFT • 3,600

Home Details

RARE OPPORTUNITY to own this very unique & LARGE CORNER Property with an extremely huge parking lot that can fit over 50 vehicles (Tax ID#: 882005680)! This Property is about 3,600 sq. ft. and the entire Lot size is about 36,547 sq. ft.! This property sits on about 16 lot addresses! Seller is also selling separately a very big plot of Land directly next door to this Property that is also up for Sale (Tax ID: 885949820)! That entire Lot size is about 15,462 sq. ft.! This separate Lot sits on about 4 lot addresses! The current use is a Laundromat Business (Owner operated). However, this is zoned as I-2, which is flexible for many types of businesses. The possibilities are endless with this spacious property on a heavy traffic area. The FOCUS of the sale is the real estate property & the BIG LOT that it is sitting on. The Laundromat business can be given to anyone who buys this, but Sellers are NOT selling based on the laundromat business. This spacious Laundromat is setup as a Coin Laundromat Business that consists of 46 Dryers & 41 Washers. Take advantage of this rare opportunity before it's gone! Laundromat space has tile floors throughout with ceiling fans. Plenty of natural lights shining T/O entire Laundromat to help you save on energy bills! There is a half bathroom on the side the Laundromat. There is a Utility Room towards the back of the Laundromat. The following items were recently updated by Owner: New Stucco (2021), Newer 6 inch Sewer Line (2018), New Central Heating System (2021), New Gas Hot Water Heater (2021), Newer Aluminum Roof & Rubber Roof (2018). There are also video surveillance cameras from outside the property! Start off your new business or investment with this very low maintenance property! Buyer is responsible to reach out to the City for any zoning questions or use variance. Your investment possibilities are endless w/ this very large CORNER Commercial Property! Possible Redevelopment Opportunity! Property is being sold strictly in AS-IS, WHERE-IS condition! Buyer is responsible for any & all repairs (if needed). Septa bus / trolley stops & public transportation are easily accessible in the area! Close to shopping centers/plazas, supermarkets, stores, gyms, restaurants, parks, & much more! Easy access to all major highways! Minutes away from Temple University School of Pharmacy, Temple Medical Schools, Temple University Hospital, Temple University Main Campus, & many more! PRICED VERY COMPETITIVELY TO SELL!! Get an offer in quickly before it's gone!! Please Note: There have been some notices that were sent to the neighborhood to notify people of a proposed Big Redevelopment Project of Multi-Family Household Living with 80 Dwelling Units with Parking Spaces for the property (1020-30 W. Sedgley Avenue) directly across the street from this subject property! IF this big project is successfully approved or work is kicking off, Sellers are looking to increase the Asking Price of this property once that starts to break ground.
Presented By: Century 21 Advantage Gold-South Philadelphia

Interior Features for 1019 W Sedgley Avenue

Bathrooms

Total Restrooms1

Other Interior Features

Central Air Y/NNo
FlooringTile/Brick
Heating FuelNatural Gas, Central
Heating Y/NYes
Hot Water60+ Gallon Tank
Total Stories2

General for 1019 W Sedgley Avenue

Acceptable FinancingCash, Conventional, Other
AccessibilityLevel Entry - Main, No Stairs
Association Recreation FeeN
Avg. Electric Per Month635.0
Business TypeOther/General Retail, Other
Cap Rate5.07
CityPHILADELPHIA
Construction MaterialsMasonry, Stucco, Tile
Cool FuelElectric
CoolingCeiling Fan(s)
CountyPHILADELPHIA
DirectionsBetween N. 10th Street, N. 11th Street, & W. Allegheny Avenue
ElectricCircuit Breakers
Electric Expense7620.00
ExclusionsALL Store Inventory (such as detergents, softeners, soaps, etc.), Sodas, Snacks, Folding Laundry Basket on Wheels Foldable Utility Trolley.
Gross Income180000.00
HeatingCentral, Forced Air
Historic Y/NNo
Insurance Expense12000.00
Lease Considered Y/NNo
Location TypeCorner Lot/Unit
Lot Size Square Feet36547.00
Lot Size UnitsSquare Feet
MLS Area19140 (19140)
ModificationTimestamp2025-02-10T10:04:19
MunicipalityPHILADELPHIA
Net Operating Income114096.00
New ConstructionNo
Operating Expense5492.00
OwnerPaysAll Utilities, Electricity, Gas, Heat, Insurance, Repairs, Sewer, Taxes - Real Estate, Water, Trash Collection, Other
OwnershipFee Simple
PossessionImmediate
Possible UseDrive-Thru, Dry Cleaner, Commercial, Convenience Store, Day Care, Distribution, Food & Beverage, Industrial, Laundromat, Medical/Dental, Office, Parking, Professional Service, Restaurant, Retail, Senior Assisted/Da
Price Per Sq Ft Total AG555.53
Property ConditionExcellent, Very Good, Good
Property SubtypeOther
Property TypeCommercial Sale
Property UseOwner User
RoofOther, Rubber
Security FeaturesCarbon Monoxide Detector(s), Exterior Cameras, Security System, Smoke Detector, Surveillance Sys, Window Grills
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameTEMPLE UNIVERSITY
Tax Annual Amount7766.0
Tax Assessed Value554800.0
Tax Lot154
Tax Year2025
TransportationBus Stop less than 1 mile, Metro/Subway Station less than 1 mile
Trash Expense1416.00
UtilitiesElectric Available, Natural Gas Available, Sewer Available, Water Available
Vacation Rental Y/NNo
ViewStreet
Water Access Y/NNo
Waterfront Y/NNo
Year Built1942
Year Built SourceAssessor
ZoningI2

Exterior for 1019 W Sedgley Avenue

Building Area Total3600.00
Car Parking Spaces80
Door FeaturesDouble Entry
Foundation DetailsBrick/Mortar, Concrete Perimeter
InclusionsALL in AS-IS Condition: 46 Dryers, 41 Washers, Tables, Chairs, Laundry Carts, Coin Change Machine, Snacks Vending Machine, Beverages Vending Machine
Land Assessed Value110960.00
Land Use CodeQA0
Lot Dimensions328.00 x 118.00
Lot FeaturesCorner, Level, Open, Other
Lot Size Acres0.84
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Other EquipmentNegotiable
Parking FeaturesHandicap Parking, Paved Parking, Security/Monitored, Surface, Unassigned
Total Loading Docks0
Total Parking Spaces110
Type of ParkingDriveway, On Street, Parking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Ebonie Clerier

Associate
Price $1,999,900
MLS#PAPH2443548
List Date 02/09/2025
Property Type Commercial
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