4273-4275 Frankford Ave, Philadelphia, PA 19124

$225,000

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List Price
$225,000
Days on Market
23
Status
ACTIVE
MLS#
PAPH2658976
Lot Size (Acres)
0.08
Year Built
1935
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

Prime transit-oriented retail opportunity directly across from Church Street Station on SEPTA's Market-Frankford Line! This approximately 1,980 SF one-story commercial building at 4273 Frankford Avenue, together with the separately addressed driveway at 4275 Frankford Avenue, offers an unusual combination of highly visible storefront exposure, excellent pedestrian traffic, flexible interior space, substantial storage, and existing commercial infrastructure. Formerly a laundromat, the property now features an open laundry/retail area, a customer waiting area in the middle, and a rear office/storage area with access to a full-height basement extending the entire length of the building. The expansive basement provides exceptional potential for storage, inventory, workspace, or additional finished space, subject to the buyer's intended use and applicable approvals. The front storefront windows provide excellent visibility to passing pedestrians and motorists, while glass-block windows along the side bring natural light into the interior and could potentially be replaced with operable windows. The property features 200-amp electrical service with three panels, multiple existing electrical circuits, multiple heating and cooling systems, a 1/2 bath, and a commercial-grade rubber roof. The former laundromat configuration provides existing infrastructure that could be advantageous for a variety of retail, service, or commercial uses. The irregularly shaped, approximately 3,500 SF lot includes a POTENTIAL compact-car parking spot or dedicated trash-can area behind the neighboring property at 4277, approximately 13' x 12', while the driveway at 4275 provides access to the property but is subject to an easement benefiting 4273R and therefore cannot be used for ongoing parking; it is available for deliveries and access. The property is being offered AS-IS, with the seller leaving various existing contents and fixtures that the buyer may utilize or remove; the seller will remove personal laundry carts, inventory/stock, fans, and refrigerator. The existing roof is a commercial-grade rubber roof; the seller reports that the recent leak resulted from a hole in a pipe, which is to be repaired. Located in a dense, highly transit-oriented Frankford commercial corridor with the Church Street station immediately across the street, this property presents an excellent opportunity for a value-oriented neighborhood retailer, discount household goods store, convenience-oriented service business, or other high-traffic commercial use seeking an affordable storefront with substantial storage and direct access to public transportation.

Additional Information

Area
19124 (19124)
Subdivision
Frankford
Taxes
$3146
School District
The School District Of Philadelphia
Elementary School
Allen M. Stearne
Middle School
Allen M. Stearne
High School
Frankford
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C, Ductless/Mini-Split, Wall Unit
Roof
Rubber
Water
Public
Sewer
Public Sewer

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Listing courtesy of KW Empower. Contact: vicki@kwempower.com