2200 W Erie Ave, Philadelphia, PA 19140

Property 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.