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7820 Castor Avenue

PHILADELPHIA, PA 19152
  • $1,300,000
  • STATUS: Active
  • ON SITE: 151 Days
  • ID#: PAPH2157282
UPDATED: 58 min ago
$1,300,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Ratings & Info

Description

Im BACK! $400k PRICE DROP. Attention business owner, professional or investor. This building offers many opportunities. The first floor is 2200 sq ft. Mid point on the floor is a large ADA compliant bathroom , walk up 4 steps and walk into a open area that could be used for desks or a conference room. Continue further back and there is a 2nd open area with used a a conference room and an office at the very end of the floor. In addition to the rear office there is also a small kitchen that is being used as storage for now at the rear end of the bldg. Utilize the whole floor for your business or partition off part of the floor and rent the space out other independent businesses or businesses that "compliment" your business. Besides the front entrance the is 1 side entrance to the 1st flr off of Chandler St. Another potential space for your business is the finished lower level located in the middle of the building. The lower level has 2 bath rooms. There is access to the lower level via the 1st flr office or via the Chandler street . You could potentially just "rent out" this lower level. Additional space exists on the lower level (front of bldg). This is unfinished ..good for storing files, materials etc. The mechanicals are also on the lower level to the rear of the building . You want more potential income? On the 2nd flr you have 2 apartments. The "front" apartment is rented for 1000/month and is approximately 1400 sq ft.. It is a 2 bedroom apartment with a "sun room" that could be converted into a "3rd" bedroom. Kitchen & bathroom were updated and the tenant keeps the unit in order. The rear apartment is 800 sq ft and tenant is paying 600/month. There are separate washer & dryers for both units. They are great tenants but rent is below the market average. There are 2 weil mclains boilers for the apartments. The apartments have their own hw tanks and the office does too. There are 3 Lennox heaters (3 zones + CA). The roof (slag) is 10yrs old. You also have 10+ car parking lot with 2 entrance access. There is an entrance on Chandler and Castor. Do your due diligence and maybe you could add a 3rd level to the building, more apartments or additional office space. Doctors office, Insurance Office, Law firm, Title co, Real Estate office, Home health care office...there are many potential uses for this location. Public trans is available on Castor Ave. 2-3 minutes to Cottman Ave or RT 1 the location is prime for your employees and customers.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-02-05T23:49:33.977.
www.locomusings.com/homes/132883096
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7820 Castor Avenue PHILADELPHIA, PA 19152

  • Price: $1,300,000
  • Status: Active
  • On Site: 151 Days
  • Updated: 58 min ago
  • ID#: PAPH2157282
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1950
Built
Neighborhood:
Rhawnhurst
County:
Philadelphia
Area:
19111 (19111)
School District:
The School District Of Philadelphia
Property Description
Im BACK! $400k PRICE DROP. Attention business owner, professional or investor. This building offers many opportunities. The first floor is 2200 sq ft. Mid point on the floor is a large ADA compliant bathroom , walk up 4 steps and walk into a open area that could be used for desks or a conference room. Continue further back and there is a 2nd open area with used a a conference room and an office at the very end of the floor. In addition to the rear office there is also a small kitchen that is being used as storage for now at the rear end of the bldg. Utilize the whole floor for your business or partition off part of the floor and rent the space out other independent businesses or businesses that "compliment" your business. Besides the front entrance the is 1 side entrance to the 1st flr off of Chandler St. Another potential space for your business is the finished lower level located in the middle of the building. The lower level has 2 bath rooms. There is access to the lower level via the 1st flr office or via the Chandler street . You could potentially just "rent out" this lower level. Additional space exists on the lower level (front of bldg). This is unfinished ..good for storing files, materials etc. The mechanicals are also on the lower level to the rear of the building . You want more potential income? On the 2nd flr you have 2 apartments. The "front" apartment is rented for 1000/month and is approximately 1400 sq ft.. It is a 2 bedroom apartment with a "sun room" that could be converted into a "3rd" bedroom. Kitchen & bathroom were updated and the tenant keeps the unit in order. The rear apartment is 800 sq ft and tenant is paying 600/month. There are separate washer & dryers for both units. They are great tenants but rent is below the market average. There are 2 weil mclains boilers for the apartments. The apartments have their own hw tanks and the office does too. There are 3 Lennox heaters (3 zones + CA). The roof (slag) is 10yrs old. You also have 10+ car parking lot with 2 entrance access. There is an entrance on Chandler and Castor. Do your due diligence and maybe you could add a 3rd level to the building, more apartments or additional office space. Doctors office, Insurance Office, Law firm, Title co, Real Estate office, Home health care office...there are many potential uses for this location. Public trans is available on Castor Ave. 2-3 minutes to Cottman Ave or RT 1 the location is prime for your employees and customers.
Exterior Features

Construction Materials Masonry Garage YN No Parking Types Parking Lot Riparian Rights YN No Roof Flat Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 4320.00 Cooling Central A/C Heating Forced AirBaseboard - Hot Water Heating YN Yes Inclusions Window Ac Units Net Square Feet 6600.00

Property Features

Accessibility Features Level Entry - Main Assessment Year 2023 Business Type ProfessionalParking LotOther/General RetailMedical Central Air YN Yes Cooling Fuel Natural Gas Cross Street Borbeck Heating Fuel Natural Gas Hot Water Natural Gas Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 801865363662 Ownership Interest Fee Simple Possession 61-90 Days Cd Property Sub Type Mixed Use Sale Type Standard Sewer No Septic System Tax Annual Amount 5162.00 Tax Assessment Amount 368800.00 Vacation Rental YN No Water Source Public Zoning Cmx2

Listing courtesy of Re/Max Access: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-02-05T23:49:33.977.
 
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