For Sale
$208,000

1517 Belfield Ave Philadelphia, PA 19140

Prime Philadelphia Location, Multi-Use Potential

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional mixed-use investment opportunity in Philadelphia, Pennsylvania, presents a unique chance to acquire a thriving commercial property alongside two adjacent vacant lots. The main property, located at 1517-1521 Belfield Avenue, is a creatively designed office space and storefront, currently listed at $208,000. Its convenient location near LaSalle University and Central High School, coupled with the proximity to the Fern Rock Transportation Center, ensures high visibility and accessibility. The property is zoned CMX2. The sale includes two adjacent vacant lots, situated at 1517 and 1519 Belfield Avenue, each priced at $54,000. These lots are zoned RM1, allowing for the potential development of up to three residential units, significantly expanding the investment potential. The combined purchase presents a compelling opportunity for both immediate income generation and future development. The property is being sold "as is," and prospective buyers are responsible for conducting their own due diligence. This package offers a rare blend of established commercial income and significant future development potential in a desirable Philadelphia neighborhood. The zip code is 19140.

Highlights

  • Exceptional mixed-use investment opportunity in Philadelphia, PA, encompassing a commercial building and two vacant lots.
  • Main building (1517-1521 Belfield Ave) is a creatively designed office/retail space, listed at $208,000.
  • Prime location near LaSalle University, Central High School, and Fern Rock Transportation Center.
  • Zoned CMX-2 (main building) and RM-1 (vacant lots), allowing for residential development.
  • Two adjacent vacant lots (1517 & 1519 Belfield Ave), each priced at $54,000, offer potential for up to three residential units.
  • Property sold "as is"; buyer responsible for due diligence. Zip code 19140.

Property Details for 1517 Belfield Ave

Property type
Retail properties, Office properties

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
40.0255141
Longitude
-75.1497444

FAQs

What type of property is this?
Retail property - Prime Philadelphia Location, Multi-Use Potential
Where is the retail property located?
The property is located at 1517 Belfield Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $208,000.
What are key features of this property?
This property features: Exceptional mixed-use investment opportunity in Philadelphia, PA, encompassing a commercial building and two vacant lots.; Main building (1517-1521 Belfield Ave) is a creatively designed office/retail space, listed at $208,000.; Prime location near LaSalle University, Central High School, and Fern Rock Transportation Center.
How can I contact the broker?
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1517 Belfield Ave
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