6401-6407 Castor Ave
Philadelphia, PA 19149
Retail Property For Sale

Looking for a fully occupied investment building in Great Location. Check it out !! a rare opportunity to own this huge big commercial building in the corner of the busy intersection between Castor ave and Levick Street. Lot size 69 x 108 with a lot of spaces. First floor ( +/- 6500 sqft) consist tenants: an insurance company and newly renovated multi-purposes office spaces, collect the rent of $7500 with 10 years lease (5 years and 5 years options renewal). Lower lever is leased by a church with over 100 seating, conference room, kids playroom, banquet space with gourmet kitchen rent is $2600, lease to November 2020(tenant like to stay). Each part has own separate entrance and bathroom, upper level and lower level share the half of electric, water, and taxes. The building is in good condition, maintenance-free, a total of six air conditioners for both heating and cooling. With a cap rate of over 6%, Don~t miss out on this incredible opportunity to keep this property and increase both rent and value. Make your appointment, run your numbers, and Make us an offer! Listing Office