9237 Frankford Ave, Philadelphia, PA 19114

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List Price
$1,200,000
Days on Market
40
MLS#
PAPH2658510
Status
ACTIVE
Type
Commercial
Year Built
1935
County
Philadelphia
Region
19114 (19114)
Neighborhood
Torresdale
Subdivision
Torresdale

Property Description

Rare opportunity to acquire 9237, 9239, and 9241 Frankford Avenue as one complete investment package. The portfolio consists of three consecutive CMX-2 commercial buildings totaling approximately 5100 square feet, plus basements and rear yards. The properties are occupied by a long-established real estate office that has operated at this location since 1980. The current total rent is $5,500 per month under a triple-net lease. The tenant pays the property taxes, property insurance, trash fees, and all maintenance expenses, providing the owner with predictable income and minimal property-level operating obligations. Lease renews 9/2028. Located in an established Northeast Philadelphia business district with strong visibility, walk-in traffic, and an excellent traffic count. Nearby businesses and destinations include Wawa, Rite Aid, Burger King, banks, restaurants, professional offices, Holy Family University, Nazareth Academy, the Union League Golf Club at Torresdale, Northeast Philadelphia Airport, and the Linden Avenue boat ramp. The properties also offer convenient access to I-95, Route 1, Center City Philadelphia, and the Betsy Ross Bridge. All three properties are being sold together as one package. Contact the listing agent for financial information, lease details, and showing instructions.

Additional Information

Acres
0.05
Lot Size
2,178
Lot Description
Backs - Open Common Area, Rear Yard
Roof
Flat
Cooling
Central A/C
Heating
Forced Air
Taxes
$2,325

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Select Group. Contact: 2153356900