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708 Burmont Rd 2,200 SF 100% Leased Retail Building Drexel Hill, PA 19026 $280,000 ($127.27/SF)
EXECUTIVE SUMMARY
Stable retail opportunity on high traffic street with 17,000 VPD (2023 PA DOT.) Metered parking in front of building. Present use is for hair salon- over 40 years. Present owner set to retire. Walk to SEPTA rail- a short walk. Ample lower-level storage for inventory, equipment or product assembly. Several nearby multi-family buildings provide a large base of nearby customers within walking distance of the building. Long list of allowable uses for this Neighborhood Business District. This building has a common wall with Rite Aid location that is now vacant. ( lease/possible purchase.)
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,200 SF
Building Class
C
Year Built
1950
Price
$280,000
Price Per SF
$127.27
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.01
Lot Size
0.05 AC
Zoning
C - Neighborhood Business District
Parking
5 Spaces (2.27 Spaces per 1,000 SF Leased)
Frontage
Walk Score®
Very Walkable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 16-11-00704-00 | Improvements Assessment | $85,210 |
| Land Assessment | $42,060 | Total Assessment | $127,270 |
PROPERTY TAXES
Parcel Number
16-11-00704-00
Land Assessment
$42,060
Improvements Assessment
$85,210
Total Assessment
$127,270
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708 Burmont Rd
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