Welcome to 5339 Woodland Ave, a versatile mixed-use property located in the popular Cobbs Creek section of Philadelphia. This well-maintained building offers a unique opportunity for both residential and commercial use, making it an ideal investment or owner-occupier opportunity. The property has been owned by the same family for over 50 years and used a family office. The property can be being sold together with the lot next door 5337 Woodland Ave, which is also zoned CMX2.5 commercial mixed-use. The lot offers a wide range of potential from additional parking to building an apartment/mixed use building. Prime location in Cobbs Creek with high visibility and easy access to public transportation and major highways. Great foot and vehicle traffic making it the perfect location for any business looking to thrive or investor looking to add to their portfolio. The building can be converted into a quad offering up to 4+ apartments or left as-is and still produce good rental income. Market rents for store fronts are $1800-$2000 per month and $1000-$1050 for 1 bedrooms and $1150-$1400 for 2 bedroom apartments. Don't miss out on this great opportunity and schedule your showing today. The lot next door is owned by the same the seller and can sold with the building or separately for $30,000.
Mls | PAPH2372252 |
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Listing Type | For Sale |
Style | Attachd |
Subtype | Resale |
Status | Active |
Year | 1920 |
Days On Site | 159 |
Listing Provided By | OCF Realty LLC - Philadelphia | Jahlil N Edwards |
Sq Feet | 1,464 |
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Basement | Y |
Zoning | CMX2 |
Acreage | 0.03 |
State | PA |
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County | Philadelphia |
City | Philadelphia |
Zip Code | 19143 |
Area | 19143 |
Community Name | Cobbs Creek |
School District | The School District Of Philadelp |
Listing VS Median (in Cobbs Creek) | |
Price: $249,995 low | high Med: $152,450 SqFt: 1,464 low | high Med: 1,275 $ / SqFt: $171 low | high Med: $125 On Site: 159 low | high Med: 16.500000 |