Commercial Net Investment Property, along a very busy retail corridor, in the Overbrook neighborhood of Philadelphia, very close to the Lower Merion Township border.
Entire roof replaced in 2022. Traffic counts of 14,983 VPD along Haverford Ave & 66th St.
3 Units, Fully Leased with tenants responsible for all utilities and property maintenance.
Landlord responsible for Taxes & Insurance. 12 ft clear height ceilings throughout.
Unit 1 - 4,000 SF General Auto Repair & Service w/Loft Storage
Front and rear roll up doors
4 lifts which belong to the building owner. 2 are above ground lifts, 1 below grade and
1 rotary lift with alignment machine, also belonging to the building owner
Front office area and a total of 2 bathrooms in the space
Heated by force hot air, waste oil heater
Unit 2 - 1,000 SF Auto Tires & Rims
Two bays with roll up doors and 1 below grade lift (building owner’s)
Front office area and bathroom
Heated by force hot air, oil fueled heater
Unit 3 - 4,000 SF Electrical Contractor Warehouse & Office Space
Unit 3 entrance is in the rear of the building on Stiles Street
Flex warehouse & office space, and includes 1 bathroom
1 roll up door (12’x12’)
Heated by force hot air, oil fueled heater
The income description goes here to explain
List Price | $1,350,000 |
Property Type | Industrial |
Usable Sqft | Unknown |
Number of Stories | 1 stories |
Parking Spots | 0 spots |
Year Built | 1960 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 882020350 |
MLS # | PAPH2388648 |
Property ID | 295708822 |
Lot Sqft | 12,000 |
Zoning | CMX2 |
Total Units | 3 |
Days on Market | 141 |
Original List Price | Unknown |
Date Updated | November 12, 2024 |
Date Created | August 20, 2024 |
Unit # | Beds | Baths | Current Rent | Proforma Rent |
Unit #1 | $134,400 | $0 |
Net Income (Yr) | $ 131,227 |
Cap Rate | 9.72% |
Clinton McCartney an agent of . Lic #RS219978L
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
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Robert Crawford
REAL ESTATE AGENT