MLS#PAPH2418372
STATUSACTIVE
PROPERTY TYPECommercial -
SUBDIVISIONITALIAN MARKET
SCHOOLTHE SCHOOL DISTRICT OF PHILADELPHIA
Property Description
Part of package, additional property nearby available - Commercial 763-65 S. 8th St. (Lazeez Indian Restuarant) with apartments. Two multi units in South Philadelphia, 1327 Snyder Ave. and 1425 Jackson St. Total package can be acquired. 736-38 S 8th St is a 6-plex (6 units), on the corner of 8th & Fitzwater Sts., with ground floor commercial space. The property is located near popular neighborhood attractions; John's Water Ice, Cianfrani Park and the 9th St. Market. 736-38 S. 8th is walkable to many of South Philly's top amenities, restaurants, cafes, schools and transit stops. This is a great opportunity to purchase a high-performing multifamily asset with 20% rental upside based on pro forma rents in the submarket(s). Ownership has carefully built, leased and maintained this asset over its tenure. New Ownership can enact a value-add capital enhancement program to achieve top-of-market rental rates or continue operating as is. The Building is 100% leased and occupied. The are 2 entrances. One for the restaurant, one for the apts. both on the Fitzwater St. side. As-is. Tenant occupied. 48hr notice.
Property Features
Property Type: Commercial -
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Central
Taxes: $24,282
Year Built: 1900
Feature Descriptions
Days on Site: 479
Exterior: Masonry
Location: Downtown
Lot: Corner
Municipality: PHILADELPHIA
Sewer: Public Sewer
Special View Info: City, Park/Greenbelt
Total Garage/Parking Spaces: 0
Units: 6
Water: Public
Local Schools
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Listed By / Shown By
Listed By
Agency Name: Mercury Real Estate Group
Agency Phone: 2154625100
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
736 38 S 8th Street | MLS# PAPH2418372
This commercial property located at 736 38 S 8th Street, Philadelphia, PA 19147 is currently listed for sale with an asking price of $2,499,000. 38 S 8th Street is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.realtymarkllc.com today.