PA
PHILADELPHIA
PHILADELPHIA
19147
736 S 8TH STREET
736 S 8TH STREET, PHILADELPHIA, PA 19147
Listing Type
Commercial/Industrial
Listing Status
active
15
$2,499,000

Home Details for 736 S 8TH STREET

Price
$2,499,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Year built
1900
County
PHILADELPHIA
Garage
Days on site
121
MLS Listing#
PAPH2418372
Listing Courtesy: Mercury Real Estate Group - 215-462-5100
Property Description

Part of package, additional property nearby available - Commercial 763-65 S. 8th St. (Lazeez Indian Restuarant) with apartments. Two multi units in South Philadelphia, 1327 Snyder Ave. and 1425 Jackson St. Total package can be acquired. 736-38 S 8th St is a 6-plex (6 units), on the corner of 8th & Fitzwater Sts., with ground floor commercial space. The property is located near popular neighborhood attractions; John's Water Ice, Cianfrani Park and the 9th St. Market. 736-38 S. 8th is walkable to many of South Philly's top amenities, restaurants, cafes, schools and transit stops. This is a great opportunity to purchase a high-performing multifamily asset with 20% rental upside based on pro forma rents in the submarket(s). Ownership has carefully built, leased and maintained this asset over its tenure. New Ownership can enact a value-add capital enhancement program to achieve top-of-market rental rates or continue operating as is. The Building is 100% leased and occupied. The are 2 entrances. One for the restaurant, one for the apts. both on the Fitzwater St. side. As-is. Tenant occupied. 48hr notice.

Property Features
  • Cooling Information
    • Central Air
    • Electric
  • Heating Information
    • Natural Gas
    • Central
  • Water Features
    • Public
  • Parking
    • On Street
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Last Updated: 2024-12-19 03:08:14
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EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143
Office
215 623 6000
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