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613 W Cheltenham Ave
For Sale $875,000
$875,000
- 12 Units
- Unknown Sq Ft
- 7,725 Sq Ft
- Unknown Cap Rate
Description
Commercial building for sale on 613 W Cheltenham Av in Melrose Park. This is a cleaned out building with approx 11, 500 sq ft on the two floors and with 1,166 sq ft in usable basement space. The property comes with a 6 parking spaces that will be located on 0 Coventry Rd next to it and it is a subject of the lot consolidation. The building is granted a variance for 6 units and a basement space for office or storage. This building has an enormous potential for a development, it has a prime location and it will have a very high cash flow once developed. The buyer has to do the due diligence with the township in respect to approved variance. All offer will be presented.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $875,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 3 stories |
| Parking Spots | 0 spots |
| Year Built | 1953 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 310005488007 |
| MLS # | PAMC2134406 |
| Property ID | 321283067 |
| Lot Sqft | 7,725 |
| Zoning | M3 |
| Total Units | 12 |
| Days on Market | 270 |
| Original List Price | Unknown |
| Date Updated | September 03, 2025 |
| Date Created | March 28, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Michael P Cohen an agent of KW Empower. Lic #AB066937
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Data last updated: December 23, 2025.
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Robert Crawford
REAL ESTATE AGENT