Dee McErlain - Coldwell Banker Hearthside
6401-7 Castor Ave
PHILADELPHIA, PA 19149

$1,090,000

Description

Opportunity Knocks. NE Philly Big Commercial Building on market. First floor is 6395 sqft. Lower Level is the same size 6395 sqft. First floor split into two parts, one part (+/-1400 sqft) is leased to an Insurance Company rent 1200/month + 25% Utilities; lease expires in July 2020. The other part is +/- 5000 sqft and owner runs business as retail store for last seven years. Owner shares 25% utilities. Lower level is leased by a church, rent 2600 + 50% utilities; lease to November 2020. Each part has separate entrance and bathroom. No gas service, everything by electricity with one meter. Total 6 air conditioners for both heating an cooling. It is good for new owner to run own business on first floor and collect two rents at the same time. Or it is easy to lease out for 5000/month. It is very rear to find a so big building in NE Philly. It is good for Restaurant, After school, Daycare, Medical office or more. Business in not included, but can negotiate separately. Showing time is 10 am to 6 pm every day.

Details

MLS#1009948732
StyleIndustrial
Sub-TypeResale
StatusActive
Year1940
Days On Site63

Features

SQ Feet12,790
Story(s)0
ZoningCMX1

Market Activity 19149

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Area Information

StatePA
CityPHILADELPHIA
Zip Code19149
Area19149 (19149)
Listing VS Median (in 19149)
Price:
$1,090,000
low | high
Med:
$178,700
100% of Average
SqFt:
12,790
low | high
Med:
1,329
100% of Average
$ / SqFt:
$85
low | high
Med:
$135
8.885976973621% of Average
On Site:
63
low | high
Med:
26
100% of Average
Listing Updated: 12/18/2018
MLS Number: 1009948732
Listing Provided By:
Frank Xue  of  Satisfaction Realty

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