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Investment Highlights

  • Full Functioning Garage / Tons of Parking
  • No Deferred Maint. & 30 Security Cameras
  • Office Space & 2 Bathrooms

Executive Summary

This property is a great investment for an owner/user or professional investor. There are currently 3 tenants that occupy this space and one of the three tenants holds a car dealers license since the property is properly zoned for vehicle sales/rentals. Between the three tenants the property brings in $11,075 per month. One of the tenants pays $1200, the other $1550, and the third pays $8,375. The property has zero deferred maintenance and is currently in operation.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $132,900 $44.30
Other Income - -
Vacancy Loss - -
Effective Gross Income $132,900 $44.30
Taxes $10,389 $3.46
Operating Expenses $15,000 $5.00
Total Expenses $25,389 $8.46
Net Operating Income $107,511 $35.84

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $132,900
Annual Per SF $44.30
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $132,900
Annual Per SF $44.30
Taxes
Annual $10,389
Annual Per SF $3.46
Operating Expenses
Annual $15,000
Annual Per SF $5.00
Total Expenses
Annual $25,389
Annual Per SF $8.46
Net Operating Income
Annual $107,511
Annual Per SF $35.84

Property Facts

Price $1,900,000
Price Per SF $633.33
Sale Type Investment
Cap Rate 5.63%
Property Type Industrial
Property Subtype
Showroom
  • General Retail Auto Dealership
  • General Retail Auto Repair
  • OfficeLoft Creative Space
Building Class C
Lot Size 0.32 AC
Rentable Building Area 3,000 SF
No. Stories 1
Year Built/Renovated 1955/2022
Parking Ratio 11.67/1,000 SF
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes
Zoning ICMX - ICMX with variance for vehicle rental and sales! This property currently holds a state of PA vehicle dealer license.

Amenities

  • Fenced Lot
  • Floor Drains
  • Security System
  • Signage
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
60/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
882924015
Land Assessment
$550,650 (2026)
Improvements Assessment
$191,550 (2026)
Total Assessment
$742,200 (2026)
Annual Taxes
$10,389 ($3.46/SF)
Tax Year
2025
  • Listing ID: 40486127

  • Date on Market: 5/11/2026

  • Last Updated:

  • Address: 3447-61 Richmond St, Philadelphia, PA 19134

Contact the Sale Advisor

3447-61 Richmond St

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