7509 Oxford AvePhiladelphia, PA 19111

Property Details for 7509 Oxford Ave

Year built

1957

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.04 AC

Property size (Sq ft)

1,450 SF

Zone code

CMX1

Property type

Retail properties

Property subtype

Auto shops

APN

88-2-9683-05

APU

882968305

Description

This exceptional mixed-use property, located at 7509 Oxford Avenue in Philadelphia, Pennsylvania's Fox Chase neighborhood (zip code 19111), presents a unique investment opportunity. The 1,800 square foot building, constructed in 1960 and extensively renovated in 2018, boasts a thriving auto repair business currently in operation. The shop is fully equipped with two brand-new lifts, ensuring efficient and effective service. Adding to its appeal, a residential apartment occupies the second floor, providing additional income potential or convenient on-site living. The property also includes valuable enclosed side and rear storage lots featuring fixed canopies, offering secure storage for vehicles, tools, and equipment. Situated on a main thoroughfare, this business enjoys high visibility and easy accessibility, contributing to a consistent customer base. The 3,200 square foot lot is zoned CMX-2. This turnkey operation is ideal for both investors seeking a strong return and owner-operators looking to establish or expand their automotive business. The property's combination of a successful business and residential space makes it a truly compelling investment opportunity in a desirable Philadelphia neighborhood. The building consists of one structure with two stories.

• CAP approach

  CAP return

  Valuation

  6%

  $352,401

  6.5%

  $325,293

  7%

  $302,058

• Comparable approach

  Method

  Valuation

  Relative Method

  $477,432

  Geo Method

  $477,432

• Alternative Use

  Use

  Valuation

  Residential

  $274,397

  Hospitality

  $251,346

  Educational

  $209,117

  Medical

  $216,309

  Retail

  $325,293

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

40.066

Longitude

-75.0835

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].