Elinor Watson - Coldwell Banker Hearthside
600-8 N 40th St
PHILADELPHIA, PA 19104

$1,100,000

Description

Here is your opportunity to own this 3 store front commercial property on a busy intersection near Drexel University. Building was formally a bank. Old vault is still in the basement and never opened since the bank closed!! This sale includes the beer deli business along with their LIQOUR & tobacco License. Grocery store is rented out for $1750/month on a 10yr graduated lease. ATM located in the beer deli pays $1000/month in rent. Brand new roof installed in 2014. The 2nd floor is empty and open for endless possibilities for a developer to bring their ideas. Building is historically zoned. Zoning is CMX2. Owner is selling the property in as-is condition.

Details

MLS#1004344705
StyleIndustrial
Sub-TypeResale
StatusActive
Year1920
Days On Site349

Features

SQ Feet8,996
Story(s)0
ZoningCMX2

Market Activity 19104

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Area Information

StatePA
CityPHILADELPHIA
Zip Code19104
Area19104 (19104)
Listing VS Median (in 19104)
Price:
$1,100,000
low | high
Med:
$44,900
100% of Average
SqFt:
8,996
low | high
Med:
790
100% of Average
$ / SqFt:
$122
low | high
Med:
$14
100% of Average
On Site:
349
low | high
Med:
46
100% of Average
Listing Updated: 12/09/2018
MLS Number: 1004344705
Listing Provided By:
Thomas Trinh  of  Prosperity Real Estate Investment Services

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