Excellent opportunity to own a 11,362 sq ft mixed-use building in a highly active, high-visibility corridor on Broad Street, conveniently located along a subway line. This well-maintained property features three separate units with individual utilities, offering strong income potential and flexibility for investors or owner-users: First Floor - Two Units (4,500 sq ft each): Furniture Store: Currently leased at $4,000/month (NNN)Beauty School: Owner-occupied with a projected rent of $4,500/month (NNN)Second Floor (2,000 sq ft): Fully leased to a healthcare officeIncludes 3 large offices, waiting area, and full bathroomIncome Highlights: Current Gross Rental Income: $132,000 annuallyAdditional potential income from Beauty School: $54,000 annuallyFully occupied projected income offers strong upsideKey Features: NNN leases reduce landlord expensesSeparate utilities for each unit Flexible use: ideal for office, medical, retail, educational, or warehouse spaceLocated in a busy, transit-accessible commercial areaInvestment Potential: This property is ideal for investors seeking stable income with upside potential, or for owner-operators looking to occupy while generating rental income.Showing Requirements: Proof of funds required prior to scheduling a showing.
| MLS # | PAPH2675812 |
|---|---|
| Listing Type | For Lease |
| Status | Active-bright |
| Year | 1915 |
| Days On Site | 19 |
| Listing Provided By | Keller Williams Realty | Paul P Cheng |
| Story(s) | 2 |
|---|---|
| Units | 3 |
| Zoning | CMX3 |
| Acreage | 0.21 |
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air, Central |
| Roof | Flat |
|---|---|
| Construction Materials | Masonry |
| Garage Yes / No | No |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19132 |
| Area | 19132 (19132) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in 19132) | |
Price: $4,000 low | high Med: $109,900 On site: 19 low | high Med: 90 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19132 |
| Area | 19132 (19132) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in 19132) | |
Price: $4,000 low | high Med: $109,900 On site: 19 low | high Med: 90 | |