The median home value in Philadelphia, PA is $232,250.
This is
equal to
the county median home value of $232,250.
The national median home value is $308,980.
The average price of homes sold in Philadelphia, PA is $232,250.
Approximately 48% of Philadelphia homes are owned,
compared to 41% rented, while
10% are vacant.
Philadelphia real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
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Come and see this remarkably sized Commercial land partially developed with a total of 21,350 square feet. Lot currently has warehouses totally 9570 square feet available for commercial and industrial uses and partially vacant land ready for immediate development. Lots nearby have also been approved for townhouse development. Just off of Fox and Hunting Park Avenue and close proximity to East Falls, US-1 and Kelly Drive. Property is conveniently located close to public transportation.
The Real Estate at 3749-51 Midvale Ave, home to "The Black Squirrel," is listed at $990,000. Additionally, the FFE / Business is available an asking price of $225,000 and the Liquor License is available at an asking price of $180,000, making this a turnkey operation. The 2-story building currently consists of a full commercial kitchen, 66 seats inside, 16 seats on the outdoor patio, and has the potential to add both more interior and exterior seats. The property was renovated in the past couple of years, containing new electrical, plumbing, and mechanical systems. Located in East Falls, the property has fantastic exposure with 38â of frontage on Midvale Ave. East Falls is a Philadelphia oasis along the Schuykill River, with a dense residential population, and a vibrant commercial scene with businesses such as In Riva, LeBus, Taqueria Cresta, and East Falls Farmers Market. The site provides easy access to Center City via Kelly Drive, and the Main Line via I-76.
MSC is pleased to present 3401 Conrad Street, a prominent three-story mixed-use corner property on one of East Falls' most charming retail corridors. The property includes up to 1,575 sf of ground floor commercial and two (2) 3BR apartments above. With rents currently under market and 1,000 SF vacant on the ground floor, there is much potential here for an investor or owner-operator to upgrade and stabilize this East Falls landmark. 3401 Conrad St. has a 1,000 sf commercial storefront currently available for lease. Projected rent for the vacant storefront is $2,500+ per month, NNN. Long-term tenant The Artist Haus, a beautifully renovated salon, leases 575 sf for $1,650 per month. The upper floors rent for $1,750 per month and $1,850 per month and each have rare balconies overlooking Conrad St and neighbors such as Rutabaga Toy Library, Vegan Vibe Cafe & Juice Bar, and Nino Brand Women's Clothing.
Property is Zoned ICMX - Currently 1st Floor Commercial Space with Bi-Level Apartment above. First Floor Unit - Lease expires June 2024 - Commercial Space, currently operating as a Dance Studio, includes open front room with high ceilings and mirrored wall, powder room, storage closet, rear office with built-in counter with cabinets, interior basement access, interior stairs to second floor unit and access to exterior rear of the property. Upper Unit - Bi-level Apartment - 2nd Floor open Living Room and Dining Room with mirrored wall, kitchen with built-in microwave, electric stove/oven and refrigerator, full bathroom with ceramic tile stall shower. 3rd Floor Spacious full bathroom, laundry nook with side by side washer and dryer, two bedrooms.
Welcome to this perfect investment opportunity in the East Falls neighborhood of Philadelphia. This building is fully leased with a commercial first floor space, and bi-level apartment above. Call listing agent for details and to arrange for an inspection. Lease for residential unit ends July 2024; lease for commercial unit ends December 2025.
