$124.10 Per Sq Foot $4,456 est/mo Sourced by Back At You

601 W Susquehanna Ave,Philadelphia, PA 19122

Philadelphia PA, 19122

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Description

A central location along the booming Norris Square neighborhood boasting almost 4,500 square feet of vacant space on the first and second floor along with 2200 square feet in the lower level, being sold with an adjoining lot, are two highlights that make 601 W Susquehanna Ave a fantastic investment/development opportunity. Formerly a corner grocery store and warehouse, this property is prime for a new owner to take advantage of its CMX2 zoning to create a varied mix of commercial, retail, and residential uses. Comparable sales 1 block away are in the $600,000.00 plus range. The first and second levels are completely open, with lots of windows flooding the spaces with natural light and huge ceiling heights. Roll-down doors help secure the first level, while roof-top access from the second level lets you view the city skyline, perfect for a future roof deck. The basement is just as expansive, making it ideal for storage. The adjoining lot has also been emptied, adding to the possible uses for the property. The project is located within a Federal Opportunity Zone which offers potential tax advantages, making it an attractive investment opportunity for savvy investors. It also presents an Amazing opportunity to bring your visionary concepts to life. 601 W Susquehanna Avenue's sought-after location is close to new construction, shopping centers, schools, parks, and public transportation. Plus, there's easy access to Temple University, Fishtown, and Northern Liberties. Schedule your showing today!

Details

MLS#PAPH2325748
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1915
Days On Site87
Listing Provided ByKW Empower | Stuart C Cohen

Features

SQ Feet6,688
ZoningCMX2
Acreage0.07

Market Activity 19122

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Learn More About This Property

StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19122
Area19122
Community NameNorris Square
School DistrictThe School District Of Philadelp
Listing VS Median (in Norris Square)
Price:
$830,000
low | high
Med:
$2,050
100% of Average
SqFt:
6,688
low | high
Med:
1,400
100% of Average
$ / SqFt:
$124
low | high
Med:
$1
100% of Average
On Site:
87
low | high
Med:
16.000000
100% of Average
Sourced by Back At You
Listing Updated: April 18, 2024 at 10:49:38 AM PDT