Fantastic Investment Opportunity on Ridge Ave! This versatile property offers the choice to maintain the current tenant or use it for your own business. The building is easy to maintain, with a durable slab foundation, a flat roof, and 960 square feet of flexible space. Current zoning is CMX2.5. Ridge Avenue in Roxborough is a vibrant and thriving corridor known for its historic charm and walkability. The area boasts a mix of local businesses, restaurants, and community amenities, making it an attractive destination for both residents and visitors. The ongoing community-focused improvements and investments in the area further enhance its appeal to investors. With many new apartment buildings bringing new residents to the area daily, there is no shortage of customers.
7372 Henry Avenue is a large development opportunity. Currently consisting of 3.4 Acres (148,000 square feet parcel ) of RSA-3 land and a church/school building. The building is currently leases month to month to a church congregation. Possible developments include a "by right" subdivision for an estimated 19 detached single family homes. Any interest should be brought to the attention of the listing agent directly and or for additional information and showings. Call or text/email listing agent's cell.
Located on a thriving corner in Roxborough this income-generating, Mixed-use, 6-Unit property features 1 Commercial Unit and 5 modern Residential Apartments. The Apartments have an open-concept layout, stylish Kitchens and Bathrooms with Stainless Steel Appliances, and in-unit Laundry. The long term Commercial Tenant is a well-established Dental Office. All Units are currently occupied. This property offers easy access to local amenities, including shops, restaurants, parks, and public transportation, not to mention Santucci’s Restaurant right at your fingertips! Roxborough residents and businesses are reinventing this community, redefining it for a new generation. Come and be a part of this vibrant community!
**Mixed Use Building with 3 Units with 1 Commercial space & CMX2.5 ZONING**. Over 5000 sq ft lot! This historic building is in tip-top shape throughout! There is a commercial space that is rented for $2500 per month with a long-term tenant. Inside the building is set up for 3 units. Unit 1 is the biggest space and has the most potential. It consists of a living room, dining room, kitchen and half bath on the first floor. This unit has direct access to the expansive backyard unlike anything you have seen in Roxborough. It has plenty of space to entertain, garden, has 2 storage sheds, a storage closet and half bath, and a secure driveway for 2 cars. Head upstairs and you will find two more rooms and a large updated bathroom with shower and tub! This unit also has access to the basement for storage and laundry. Unit 2 features a large living room, an updated kitchen, an updated bathroom, one large bedroom and one smaller bed, hardwood floors, and each room has it's own mini split ductless AC unit. This unit also has laundry in a closet in the kitchen area. Unit 3 is on the top floor. It is a one-bedroom apartment. The pictures of this unit are set up in the reverse way someone would normally set it up. There is a bedroom with a bathroom in the bedroom and one additional room that would serve as the kitchen and living room. Currently, the kitchen features a small fridge, a few cabinets, and a sink. A stove would need to be added. Projected rents for all 4 units is $7,000 per month and $84,000 annually.
This commercial store is located at Ridge Ave and Gerhard Street. Great opportunity to open your own business. It can be an office, cafe shop, ice cream shop. Retail store. Nail salon etc. Just recently renovated. Tenant will be responsible for all proper business license filings required by city. Tenant responsible for 1/3 of water bill a portion of property tax and all other utilities for unit. Schedule today!
A Roxborough Institution! Bob's Diner has been a mainstay on "the Ridge" for three generations and it is as popular as ever with quality food and a loyal following of locals and non-locals alike. This well-maintained diner seats 66 people at full capacity. The current owner has been in charge for the last 30 plus years and has been very successful. All of the equipment and fixtures have been updated as needed through the years. Seller is willing to train a new buyer. The location is fabulous, right in the middle of town and just a few blocks from Manayunk. All new roofing system installed in November 2022. Great opportunity to take over a thriving business in a community that is seeing rapid growth in residential housing!
Vibrant Commercial Space in Prime Location - 5460 Ridge Avenue, Philadelphia, PA 19128 Overview: Welcome to this newly renovated, versatile commercial space situated in the heart of Philadelphia’s vibrant Ridge Avenue. Ideal for entrepreneurs and businesses looking to capitalize on a high-traffic location, this property blends the energy of city life with prime accessibility. Key Features: Design: Recently underwent a significant renovation, featuring modern aesthetics, sleek fixtures, state-of-the-art appliances, and high-end finishes. Flexibility: Previously a retail store, the space offers a flexible, open-concept layout, perfect for a variety of uses such as a coworking space, tech start-up, yoga studio, or event space. Additional Development Potential: Zoned for commercial use, allowing the construction of 2-4 apartment units on top for additional revenue. Location: Situated in a bustling area with high foot traffic, close to key public transportation links. Natural Light: Expansive street-facing windows flood the space with natural light and offer excellent street visibility. Parking: Ample parking space, a coveted feature in the city. Benefits: High Visibility: Located in a busy area, ensuring your business gets maximum exposure. Neighborhood Amenities: Proximity to a diverse range of local amenities enhances its appeal. Customization: The open layout allows for complete customization to fit your business needs. Convenience: Easy access for employees and customers alike, thanks to its proximity to public transportation and onsite parking. Opportunity: This property is not just a space; it's an opportunity for growth and success. Join the thriving community on Ridge Avenue and make a mark with your business. Call to Action: Don’t miss this rare opportunity. Schedule a viewing today to start envisioning your business’s future at 5460 Ridge Avenue. Contact us now to explore the potential of this prime commercial space!
The median home value in Philadelphia, PA is $205,900. This is lower than the county median home value of $223,800. The national median home value is $338,100. The average price of homes sold in Philadelphia, PA is $205,900. Approximately 47.02% of Philadelphia homes are owned, compared to 42.7% rented, while 10.28% are vacant. Philadelphia real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Philadelphia real estate agent to arrange a tour today!
Philadelphia, Pennsylvania 19128 has a population of 1,596,865. Philadelphia 19128 is less family-centric than the surrounding county with 20.04% of the households containing married families with children. The county average for households married with children is 21.3%.
The median household income in Philadelphia, Pennsylvania 19128 is $52,649. The median household income for the surrounding county is $52,649 compared to the national median of $69,021. The median age of people living in Philadelphia 19128 is 34.8 years.
The average high temperature in July is 87 degrees, with an average low temperature in January of 26 degrees. The average rainfall is approximately 47.2 inches per year, with 13.1 inches of snow per year.