Philadelphia, PA 19120,5734-38 OLD SECOND ST
Philadelphia, PA 19120,5734-38 OLD SECOND ST
Philadelphia, PA 19120,5734-38 OLD SECOND ST
Philadelphia, PA 19120,5734-38 OLD SECOND ST
Philadelphia, PA 19120,5734-38 OLD SECOND ST
Philadelphia, PA 19120,5734-38 OLD SECOND ST
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Lethea Myers

Lethea Myers

+1(717) 572-9513
Listed by Zhan Su • Longlong Zhan Real Estate Investment
$ 2,800,000
Est. payment | /mo

1.02 Acres Lot

Save
$ 2,800,000
Est. payment | /mo
Save

1.02 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2516996

Year Built 1940

Annual Tax Amount $33,269

Tax Year 2023

Lot Size 1.021 Acres

Acres 1.02

Property Sub-Type Retail

Source BRIGHT

Property Description

This shopping center boasts five laundromat and restaurant tenants with high visibility along Old 2nd Street and W Grange Ave. The total building area is 18,000 sqft with 5 units and parking lot for 120 cars. Strip center : Unit 1: restaurant , 6000 sf. Unit 2: ,2500 sf, Central air & heat . Unit 3: It was a pizza restaurant. Unit 4: meat business , 3800 sf Unit 5 : Coin Laundromat , 4500 Sf , 92 machines , lottery , 2 year old heating & cooling system, lots of potential, opened 2019. In 2019, significant upgrades were made to the property, including all wall renovated ($60,000), the sidewalk fixed and replaced ($50,000.00), 5 poles($40,000.00) installed, other renovation on 2019($15,000) , a new roof( $55,000.00) , 2 meters in the property , 1 for at restaurant , another one for laundromat . The yearly GROSS RENT: $307,800. Expenses are : $13,000.00 for annual real estate tax, $5,000.00 for real estate insurance

Location

State PA

County Philadelphia

Area 19120 (19120)

Zoning CA1

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Heat Source Electric

Exterior

Garage Spaces 130.0

Utilities Available Electric Available, Natural Gas Available

Water Access N

Accessibility 2+ Access Exits

Total Parking Spaces 130

Garage N

Building

Sewer Public Septic

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 882136700

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Financing Cash,Conventional,Exchange

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    McKinley School

    Public | KG - 6

  • 7

    Cedarbrook Middle School

    Public | 5 - 8

  • 7

    Glenside Elementary School

    Public | KG - 4

  • 6

    Wyncote Elementary School

    Public | KG - 4

  • 5

    Myers Elementary School

    Public | KG - 4

  • 5

    Eugenio Maria de Hostos Charter School

    Public | KG - 8

  • 5

    Conwell Russell Middle School

    Public | 5 - 8

  • 5

    Elkins Park School

    Public | 5 - 6

  • 5

    Cheltenham Elementary School

    Public | KG - 4

  • 5

    Ad Prima Charter School

    Public | KG - 8

  • 5

    Northwood Academy Charter School

    Public | KG - 8

  • 5

    Fox Chase Academics Plus

    Public | KG - 5

  • 4

    Mastery Charter School - Francis D. Pastorius Elemen

    Public | KG - 8

  • 4

    Kipp Philadelphia Charter School

    Public | KG - 12

  • 4

    Antonia Pantoja Community Charter School

    Public | KG - 8

  • 4

    Thomas K. Finletter Academics Plus School

    Public | KG - 8

  • 4

    Grover Washington, Jr. Middle School

    Public | 5 - 8

  • 4

    Juniata Park Academy

    Public | KG - 8

  • 4

    Community Academy of Philadelphia Charter School

    Public | KG - 12

  • 4

    Universal Creighton Charter School

    Public | KG - 8

Middle Schools 10
  • 9

    Hill J E/Freedman Samson

    Public | 6 - 9

  • 4

    Esperanza Cyber Charter School

    Public | 6 - 12

  • 3

    Esperanza Academy Charter High School

    Public | 6 - 12

  • 3

    Mariana Bracetti Academy Charter School

    Public | 6 - 12

  • 2

    Anna Blakiston Day School

    Public | EE - 8

  • 2

    The Promise Academy at Roberto Clemente Middle School

    Public | 6 - 8

  • 1

    General Louis Wagner Middle School

    Public | 6 - 8

  • 1

    Feltonville School of Arts and Sciences

    Public | 6 - 8

  • 0

    Wyncote Academy

    Private | 6 - 12

  • 0

    Truebright Science Academy Charter School

    Public | 7 - 12

High Schools 19
  • 9

    Central High School

    Public | 9 - 12

  • 6

    Girls High School

    Public | 9 - 12

  • 5

    Multi-Cultural Academy Charter School

    Public | 9 - 12

  • 1

    Dobbins Avt High School

    Public | 9 - 12

  • 1

    Promise Academy at Martin Luther King High School

    Public | 9 - 12

  • 1

    Act Academy Cyber Charter School

    Public | 9 - 12

  • 1

    Mastery Charter School at Gratz

    Public | 9 - 12

  • 1

    Imhotep Institute Chs

    Public | 9 - 12

  • 1

    Delaware Valley Chs

    Public | 9 - 12

  • 1

    Edison / Fareira High School

    Public | 9 - 12

  • 1

    Aspira Olney Charter High School

    Public | 9 - 12

  • 1

    Mastbaum Jules E Avts

    Public | 9 - 12

  • 1

    Samuel Fels High School

    Public | 9 - 12

  • 1

    Frankford High School

    Public | 9 - 12

  • 0

    Hope Charter School

    Public | 9 - 12

  • 0

    Cristo Rey Philadelphia High School

    Private | 9 - 12

  • 0

    Little Flower Catholic High School

    Private | 9 - 12

  • 0

    International Christian High School

    Private | 9 - 12

  • 0

    The Bridge School

    Private | 9 - 12

School and business data provided by Attom Data.

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Lethea Myers
Lethea Myers

Partner | Lic# AB057316L

+1(717) 572-9513

950 N Hanover St, Elizabethtown, PA, 17022

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5734-38 OLD SECOND ST