2200 W Erie Ave,PHILADELPHIA, PA 19140
PHILADELPHIA, PA 19140
Description
Exceptional Mixed-Use Investment Opportunity - Business & Real Estate Included! Don't miss this rare opportunity to own a highly visible, income-producing corner property consisting of 2200 & 2202 W. Erie Avenue, Philadelphia. This impressive three-story mixed-use building occupies a prime corner location with outstanding exposure and heavy daily traffic, directly across from the 39th Police District and a Philadelphia Fire Department station. The ground floor features a well-established dollar store that has been successfully owned and operated by the current owner for 21 years. The business has a loyal customer base, stable sales history, low operating costs, and is easy to manage. The business, fixtures, equipment, and inventory are included in the sale, offering a true turnkey opportunity. The commercial space is equipped with central air conditioning for year-round comfort. Above the commercial space are two residential rental units, both currently tenant-occupied, providing immediate rental income and additional cash flow. The property is separately metered with 4 gas meters and 6 electric meters, offering flexibility for future use and management. The seller has also converted all appliances to electric, helping reduce maintenance and improve efficiency. Whether you're an investor seeking a strong mixed-use asset or an owner-operator looking to run your own business while generating rental income, this property offers exceptional value and long-term potential in a highly traveled commercial corridor.
Details
| MLS # | PAPH2642206 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1930 |
| Days On Site | 82 |
| Listing Provided By | Home Max Realty | Jie Chen |
Features
| SQ Feet | 3,330 |
|---|---|
| Units | 3 |
| Zoning | CMX2 |
| Acreage | 0.03 |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Baseboard - Electric |
Exterior
| Construction Materials | Brick |
|---|---|
| Foundation Details | Permanent |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 2434 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19140 |
| Area | 19140 (19140) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19140) | |
Price: $750,000 low | high Med: $149,900 sqft: 3,330 low | high Med: 1,308 $ / sqft: $225 low | high Med: $119 On site: 82 low | high Med: 51.5 | |
Market Activity 19140
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19140 |
| Area | 19140 (19140) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19140) | |
Price: $750,000 low | high Med: $149,900 sqft: 3,330 low | high Med: 1,308 $ / sqft: $225 low | high Med: $119 On site: 82 low | high Med: 51.5 | |
