9237 FRANKFORD AVE, Philadelphia, PA 19114
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Listed by Joseph McCabe • RE/MAX Select Group
$ 1,200,000
Est. payment | /mo

2,136 Sqft Lot


Save
$ 1,200,000
Est. payment | /mo
Save

2,136 Sqft Lot

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Subdivision Torresdale

MLS Listing ID PAPH2658510

Year Built 1935

Annual Tax Amount $2,325

Tax Year 2021

Lot Size 2,136 Sqft

Acres 0.05

Property Sub-Type Office

Source BRIGHT

Property Description

Rare opportunity to acquire 9237, 9239, and 9241 Frankford Avenue as one complete investment package. The portfolio consists of three consecutive CMX-2 commercial buildings totaling approximately 5100 square feet, plus basements and rear yards. The properties are occupied by a long-established real estate office that has operated at this location since 1980. The current total rent is $5,500 per month under a triple-net lease. The tenant pays the property taxes, property insurance, trash fees, and all maintenance expenses, providing the owner with predictable income and minimal property-level operating obligations. Lease renews 9/2028.

Located in an established Northeast Philadelphia business district with strong visibility, walk-in traffic, and an excellent traffic count. Nearby businesses and destinations include Wawa, Rite Aid, Burger King, banks, restaurants, professional offices, Holy Family University, Nazareth Academy, the Union League Golf Club at Torresdale, Northeast Philadelphia Airport, and the Linden Avenue boat ramp. The properties also offer convenient access to I-95, Route 1, Center City Philadelphia, and the Betsy Ross Bridge.
All three properties are being sold together as one package. Contact the listing agent for financial information, lease details, and showing instructions.

Location

State PA

County Philadelphia

Area 19114 (19114)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Carpet

Heat Source Natural Gas

Exterior

Utilities Available Cable TV Available, Multiple Phone Lines, Natural Gas Available, Phone

Water Access N

Roof Type Flat

Street Surface Black Top

Accessibility None

Road Frontage Public, City/County

Garage N

Building

Lot Description Backs - Open Common Area, Rear Yard

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 882928940

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)
Nearby Locations

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9237 FRANKFORD AVE