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2406 Ridge Avenue

PHILADELPHIA, PA 19121
  • $225,000
  • STATUS: Active
  • ON SITE: 79 Days
  • ID#: PAPH2316854
$225,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1915
County:

School Information

Elementary School:
High School:

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 +GG 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 +GG envision the potential and make your mark in Brewerytown/Sharswood.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Gregory Gray | ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-19T17:52:56.623.
www.gregorygrayrealty.com/homes/147079472
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2406 Ridge Avenue PHILADELPHIA, PA 19121

  • Price: $225,000
  • Status: Active
  • On Site: 79 Days
  • ID#: PAPH2316854
0
Beds
0
Baths
0
½ Baths
0.03
Acres
1915
Built
Neighborhood:
Philadelphia (North)
County:
Philadelphia
Area:
19121 (19121)
Elementary School:
Kelley William
High School:
Strawberry Mansion
School District:
The School District Of Philadelphia
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 +GG 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 +GG envision the potential and make your mark in Brewerytown/Sharswood.
Exterior Features

Construction Materials Masonry Garage YN No Location Type Urban Parking Types On Street Property Condition Major Rehab Needed Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3018.00 Cooling None Heating None Net Square Feet 3018.00

Property Features

Acceptable Financing Cash Accessibility Features None Assessment Year 2023 Business Type Hair Salon and SpaOther/General RetailRestaurant/BarOther Central Air YN No Cooling Fuel None Cross Street 24TH Heating Fuel None Hot Water None Lease Considered YN No Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Original MLSNumber 802837714970 Ownership Interest Fee Simple Possession Settlement Property Sub Type Mixed Use Sale Type Standard Sewer Public Septic Tax Annual Amount 1571.00 Tax Assessment Amount 112300.00 Tax Lot 311 Transportation Bus Stop less than 1 mile Vacation Rental YN No Water Source Public Zoning CMX2 Zoning Description Mixed Use

Listing courtesy of Philadelphia Homes: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Gregory Gray | ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-19T17:52:56.623.
 
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