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7301 Stenton Ave. 7301 Stenton St 3,075 SF Office Building Philadelphia, PA 19150 $600,000 ($195.12/SF)
EXECUTIVE SUMMARY
For sale: 7301-7301 Stenton Ave., a.k.a. 6315-6317 Stenton Avenue, an incredible investment opportunity consisting of two attached buildings totaling 3,075 sq ft, not including additional fully finished basements, located on a high-traffic, high-visibility street in a densely populated neighborhood. There are many nearby public transportation options available. Zoned CMX2, this corner property is sold as a package with a fully functioning doctor's office tenant, established in 1986, seeking a long-term lease. The tenant operates on a month-to-month lease covering all expenses except real estate taxes and insurance. Don’t miss out on this rare, solid, income-producing property with a long-established tenant in place! The listed sq ft size and total annual real estate taxes are combined for both properties.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$72,000
|
$23.41
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$72,000
|
$23.41
|
| Taxes |
$4,154
|
$1.35
|
| Operating Expenses |
$6,716
|
$2.18
|
| Total Expenses |
$10,870
|
$3.53
|
| Net Operating Income |
$61,130
|
$19.88
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $72,000 |
| Annual Per SF | $23.41 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $72,000 |
| Annual Per SF | $23.41 |
| Taxes | |
|---|---|
| Annual | $4,154 |
| Annual Per SF | $1.35 |
| Operating Expenses | |
|---|---|
| Annual | $6,716 |
| Annual Per SF | $2.18 |
| Total Expenses | |
|---|---|
| Annual | $10,870 |
| Annual Per SF | $3.53 |
| Net Operating Income | |
|---|---|
| Annual | $61,130 |
| Annual Per SF | $19.88 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,075 SF
Building Class
C
Year Built
1930
Price
$600,000
Price Per SF
$195.12
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,075 SF
Building FAR
1.00
Lot Size
0.07 AC
Zoning
CMX2 - intended for neighborhood commercial corridors to support small-scale retail and service uses that are pedestrian-friendly
AMENITIES
- Bus Line
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Doctor Office
- Health Care and Social Assistance
- 3,075 SF
- -
- Plus Utilities
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Doctor Office | Health Care and Social Assistance | 3,075 SF | - | Plus Utilities | - |
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7301 Stenton Ave. | 7301 Stenton St
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