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1301-1305 Point Breeze Ave
Philadelphia, PA 19146
Retail Property For Sale


EXECUTIVE SUMMARY
1301-05 Point Breeze Ave is a fully rented, mixed-use building with a 3 commercial spaces on the first level (combined as 1 salon) and two renovated apartments, a 1-bedroom, 1 bathroom and a 2-bedroom, 1 bathroom, on the top level. Located on a prime corner, surrounded by popular businesses and residential homes, this property currently has a barbershop/salon on the first level with three separate areas and entrances, allowing for multiple uses at once. There's also a half bathroom, plumbing for a hair-washing stations, and access to basement storage. A fourth entrance at the rear of the building leads to the apartments. Both have been renovated with modern durable vinyl flooring, stainless steel appliances, and in-unit laundry. The current rent roll is $5,000.00/ month and offers a solid 8.5% cap rate. This fantastic location is close to restaurants, shops, and parks, earning it a Walk Score of 85. There's also easy access to public transit, Washington Ave, Broad St, and I-76. Schedule your tour today!
Listing Office
Listing Office
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,500 SF
Building Class
C
Year Built
1923
Price
$540,000
Price Per SF
$154.29
Percent Leased
Vacant
Building Height
2 Stories
Building FAR
1.84
Lot Size
0.04 AC
Zoning
CMX2
Frontage
49’ on Point Breeze Ave
PROPERTY TAXES
| Parcel Number | 871500730 | Improvements Assessment | $212,800 |
| Land Assessment | $53,200 | Total Assessment | $266,000 |
PROPERTY TAXES
Parcel Number
871500730
Land Assessment
$53,200
Improvements Assessment
$212,800
Total Assessment
$266,000
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