1705 Passyunk Avenue
Philadelphia, PA 19148
MLS #6499035

Commercial
  • 4,686sq ft
ACTIVE $895,000
Est. P&I payment: $3418.29/mo
1705 Passyunk Avenue, Philadelphia, PA 19148
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Description for 1705 Passyunk Avenue, Philadelphia, PA 19148
This is a sale/leaseback with the existing tenant remaining in place in the premises under a 2 yr. lease ending on December 31st two(2) years after the sale closing date with rent being $48,000.00 a year under a modified triple net lease. Said tenant occupies the basement, 1st and 2nd floors of the building. The 2nd floor usage is open to modification to provide access to the 3rd floor. The 3rd floor is presently unfinished space that could rehabbed into several apartments. The property is zoned CMX2 Commercial. The Tenant's space is in good condition with recent upgrades and good systems. The property is a double property located in the heart of the East Passyunk Ave. Business District. Public records indicate the building is 4,686 SF.
MLS #6499035
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My Notes for MLS #6499035

General Features

  • LandOnly: N
  • PropertyType: Commercial
  • Floor: Tile/Brick,​Vinyl
  • TotalUnits: 1
  • PropertyAge: 120
  • County: PHILADELPHIA

Exterior Features

  • WaterFront: N
  • Exterior: Brick,​Stucco
  • ExteriorAmenities: PubTransNear,​SignExt
  • Foundation: StoneFound
  • Roof: FlatRoof
  • LandSqFt: 2,064
  • LotDimensions: 32X75
  • Parking: Street

Interior Features

  • Plumbing: MixedPlumb
  • WallCeilings: SheetRckIntW
  • Bathrooms: Prvt RestRms
  • NetSQFT: 4,686

Financial Features

  • PricePerSqFt: 191
  • TaxYear: 2017
  • TotalAssessment: 434,300
  • TotalTaxes: 6,079

Community Features

  • Subdivision: PASSYUNK SQUARE

School Features

  • SchoolDistrict: Philadelphia

Miscellaneous Features

  • BuildingFloors: 3
  • Handicap: MoblImprMods
  • SaleIncludes: Land&Buildng
  • ExclusionRemarks: None
  • InclusionRemarks: None

Location

 
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Subject property is located at the junction of East Passyunk Ave., 12th St. and Morris Sts. along the fabulous East Passyunk Avenue Business District.
The listing information for 1705 Passyunk Avenue, Philadelphia, PA 19148 was graciously provided by our friends at the listing brokerage, Century 21 Forrester Real Estate

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P&I Payment $3418.29
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Last Updated 10/23/2017 at 12:23pm
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