1600 E PASSYUNK Avenue
1600 E PASSYUNK Avenue Philadelphia, Pennsylvania 19148 United States

$1,275,000
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MSC Retail, Inc.

Listing Courtesy of MSC Retail, Inc.
$1,275,000
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.03 Acres
Exterior
Commercial
Property type
1915
Year Built
PAPH2046980
Web Id
PAPH2046980
MLS ID
Philadelphia City
School District
10
days ago

About 1600 E PASSYUNK Avenue

Welcome to 1600 East Passyunk Avenue. This 3-story, 3 unit mixed-use property sits at the bustling intersection of East Passyunk Avenue and Tasker Street with views of the Singing Fountain and is surrounded by some of the citys best restaurants and local shopping. The asset is zoned CMX-2, anchored by a long-standing mens clothing store (Metro), and features two renovated two-bedroom units. This is a prime investment property that offers short-term value add with flexible leases and under-market rents, while adding major value for long-term holders considering its unique positioning in one of the best neighborhood commercial corridors in Philadelphia. Rents: unit 1 (commercial) $3,050/mo Gross, lease expiration 3/31/24, unit 2 (two bedroom, one bath) $1,942/mo, lease expiration 5/31/22, unit 3 (two bedroom, one bath) $1,500/mo, lease expiration 4/15/22.

Listing Courtesy of MSC Retail, Inc.

The data relating to real estate for sale comes in part from Keystone Multi-List. Real estate listings held by brokerage firms other than Lusk & Associates Sotheby's International Realty are marked with the Broker Reciprocity logo and information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. This 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.

PROPERTY INFORMATION

Cooling
Central A/C
Heating
Other
Sewer
Public Sewer

ADDITIONAL INFORMATION

Body of Water
Public
Listing Courtesy of MSC Retail, Inc.

MSC Retail, Inc.

Listing Courtesy of MSC Retail, Inc.
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