528 S 60TH ST, Philadelphia, PA 19143
528 S 60TH ST, Philadelphia, PA 19143
528 S 60TH ST, Philadelphia, PA 19143
24
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Listed by Vickie Davis • Elfant Wissahickon-Chestnut Hill
$199,900
Est. payment /mo
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1,047 Sqft Lot
Active

528 S 60TH ST Philadelphia, PA 19143

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Zack Grimmer

Zack Grimmer

+1(215) 667-0238

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Cobbs Creek

MLS Listing ID PAPH2683544

Year Built 1915

Annual Tax Amount $1,858

Tax Year 2026

Lot Size 1,047 Sqft

Acres 0.02

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Discover an exceptional investment opportunity in the heart of West Philadelphia Cobbs Creek where historic charm meets modern convenience. This commercial property, originally built in 1915 and renovated in 2020, offers a unique blend of character and contemporary appeal, making it a prime candidate for savvy investors looking to capitalize on the thriving urban market. The property boasts a solid masonry construction, ensuring durability and low maintenance costs. With a lot size of 0.02 acres, it presents an efficient footprint that maximizes usable space while minimizing upkeep. The renovations completed in 2020 have revitalized the property, enhancing its condition and aesthetic appeal, which is crucial for attracting high-quality tenants or buyers. Located in a bustling area, this property benefits from foot traffic and visibility, essential factors for any successful commercial venture. The vibrant surroundings are filled with shops, restaurants, and cultural attractions, creating a dynamic environment that draws both locals and visitors alike. This prime location not only enhances the property's desirability but also positions it for potential appreciation in value as the area continues to develop. Investors will appreciate the potential for strong rental income, given the increasing demand for commercial spaces in urban centers. The property's strategic location allows for various business opportunities, whether it be retail, office space, hair salon or a yoga-fitness studio. The flexibility of the space can cater to diverse business models, ensuring that it remains competitive in the ever-evolving market. Moreover, the location is often favored for its accessibility, making it an attractive option for businesses looking to establish a presence in a vibrant community. The potential for growth in this area is significant, with ongoing developments and urban revitalization projects that promise to enhance the overall appeal and value of the property. This is more than just a property; it's an investment in a thriving future. With its historic roots, modern renovations, and prime location, this commercial space is poised to deliver impressive returns. Don't miss the chance to secure a piece of this growing area that offers both immediate benefits and long-term potential. Seize this opportunity to invest in a property that embodies the perfect blend of tradition and modernity, ensuring your portfolio thrives in the competitive real estate market. Some photos virtually designed for several business ideas that fit the space.

Location

State PA

County Philadelphia

Area 19143 (19143)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Wall Unit

Cooling Ductless/Mini-Split

Flooring Ceramic Tile, Laminated, Other

Inclusions professional exhaust system restaurant quality. Dumb waiter holds up to 200 lbs, all fixtures and a storage unit outside on patio

Heat Source Electric

Exterior

Water Access N

Roof Type Flat

Street Surface Paved

Accessibility None

Road Frontage City/County, Public

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871506830

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Negotiable

Listing Terms Cash, Conventional, Negotiable

Financing Cash,Conventional,Negotiable

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

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Zack Grimmer

Zack Grimmer

Associate Broker | Team Leader | REALTOR | Mortgage Loan Officer License ID: RS346782 | 1973175 | BK359849

+1(215) 667-0238

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528 S 60TH ST