2406 RIDGE AVE Pending Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19121
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
Square Footage 3,018 sqft
Price per Sqft $74
Subdivision Philadelphia (North)
MLS Listing ID PAPH2316854
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $1,571
Tax Year 2023
Lot Size 1,440 Sqft
Acres 0.03
Lot Dimensions 18.00 x 80.00
Property Description
Discover an exceptional investment opportunity in the vibrant Brewerytown/Sharswood area of Philadelphia! Presenting 2406 Ridge Avenue, a dynamic property offering over 3,000 sq ft of mixed-use space, poised for transformation. This property features a commercial space on the first floor, previously operated as a beauty salon, offering a fantastic foundation for a variety of business ventures. Exclusive access to the expansive residential quarters is available through a private entrance, leading to the second and third floors where spacious living areas await revitalization.
Nestled in a rapidly developing neighborhood, this property stands in a QOZ (Qualified Opportunity Zone), maximizing potential tax benefits for investors. The location is unbeatable, situated amidst a plethora of local amenities in the 19121 zip code area – from eclectic dining and vibrant nightlife to cultural hotspots and lush parks. Proximity to public transportation ensures easy access throughout Philadelphia, making it a highly desirable location for both commercial and residential tenants.
Sold AS IS, this property requires rehabilitation, offering a blank canvas to craft a bespoke investment tailored to the evolving demands of this up-and-coming neighborhood. Whether you're looking to inject new life into the commercial space or remodel the residential units for rental or sale, 2406 Ridge Avenue is a prime canvas for visionary investors. Don't let this remarkable opportunity slip by – envision the potential and make your mark in Brewerytown/Sharswood.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning CMX2
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Septic
Water Public
New Construction N
Schools
Elementary Schools Kelley William
High Schools Strawberry Mansion
School District The School District Of Philadelphia
Others
Tax ID 871131950
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard