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
Year Built 1915
Annual Tax Amount $1,571
Tax Year 2023
Lot Size 1,440 Sqft
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
Exterior
Water Access 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
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard