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4047-4049 Cresson St 6,240 SF 100% Leased Flex Building Philadelphia, PA 19127 $795,000 ($127.40/SF)
INVESTMENT HIGHLIGHTS
- Opportunity for owner-occupier to collect income from two commercial spaces on 2nd floor
- 2nd floor front commercial space has large open area, private office and bathroom; currently vacant
- Potential to build on top of existing building; steel beam construction inside masonry structure
- 1st floor garage has a small office, bathroom, large drive-in door and two large tube heaters; currently vacant
- 2nd floor rear commercial space has two open areas, bathroom (w/shower), kitchenette; currently leased for $1,000/month
EXECUTIVE SUMMARY
The Flynn Company is pleased to offer 4047-49 Cresson St, in the Manayunk section of Philadelphia, for sale. The 2-story, 6,240 SF building is situated on 2,904 SF of land and is located on the corner of Cresson and Kingsley Sts. The property is zoned CMX-2, which is primarily intended for neighborhood-serving retail and service uses, including pedestrian friendly retail commercial corridors. The building has been used as a motor vehicle towing and repair shop for 40+ years on the 1 floor with a range of commercial and offices uses on the 2 floor. The property is in good condition with the roof being recoated in recent years, vinyl windows and clean rental suites. Manayunk continues to be a thriving community where businesses and residents are attracted to the small town feel with all of the amenities of a big City.
Contact The Flynn Company to schedule a property inspection or to submit an offer.
Contact The Flynn Company to schedule a property inspection or to submit an offer.
PROPERTY FACTS
UTILITIES
- Water - City
- Sewer - City
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Walk Score®
Walker's Paradise (96)
PROPERTY TAXES
| Parcel Number | 884634801 | Improvements Assessment | $218,400 |
| Land Assessment | $93,600 | Total Assessment | $312,000 |
PROPERTY TAXES
Parcel Number
884634801
Land Assessment
$93,600
Improvements Assessment
$218,400
Total Assessment
$312,000
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