Exceptional mixed-use investment opportunity with strong in-place income and significant value-add potential. This industrial property in Philadelphia features 5 residential units, an approximately 8,400 SF warehouse with a 12’ x 14’ roll-up door, and a secured yard with three garage buildings totaling 93 garages. The residential units and majority of the garages are currently rented, providing immediate cash flow. The warehouse is vacant, offering immediate opportunity for lease-up or repositioning. Additional upside exists through rent increases, garage optimization, and overall repositioning. The residential units require renovation and may lend themselves to alternative uses such as office or administrative space, subject to buyer’s plans and due diligence. Ideal for investors, contractors, or owner-users seeking a versatile asset with multiple income streams and strong upside.
Listed By
Agency Name: HomeSmart Realty Advisors
Agency Phone: 2156041191
Shown By
Agent Name: Homesale Realty Careers Team
Agent Phone: (800) 383-3535
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
3649 53 N 10th Street | MLS# PAPH2583210
This commercial property located at 3649 53 N 10th Street, Philadelphia, PA 19140 is currently listed for sale with an asking price of $1,400,000. 53 N 10th Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.homesalecareers.com today.