United StatesPennsylvaniaPhiladelphiaChinatown1016-18 RACE Street

1016-18 RACE Street
1016-18 RACE Street Philadelphia, Pennsylvania 19107 United States

$750,000
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OCF Realty LLC - Philadelphia

Listing Courtesy of OCF Realty LLC - Philadelphia
.17 Acres
Exterior
Business Opportunity
Property type
1890
Year Built
PAPH2317142
Web Id
PAPH2317142
MLS ID
Philadelphia City
School District
91
days ago

About 1016-18 RACE Street

Unique Investment Opportunity in the Heart of Chinatown! Seize the opportunity to own a thriving business with a long-term lease, strategically located in the vibrant heart of Chinatown. This prime property boasts:National Long-Term Tenants:Secure your investment with existing leases held by reputable national long-term tenants. This stability not only ensures a consistent income stream but also lays a solid foundation for the future success of your venture.Profitable at 40% Occupancy:Witness unparalleled financial efficiency! The current rent roll covers the majority of expenses even at a mere 40% occupancy. Imagine the potential for increased profitability with strategic leasing and management.Versatile Spaces:This property offers versatile spaces, providing the canvas for your entrepreneurial vision. Whether you bring in new concepts or tenants, the possibilities are limitless. Customize and curate a dynamic mix that resonates with the energy of Chinatown.Long-Term Lease in Place:Benefit from the security of a long-term lease, providing stability and peace of mind for your investment. Your business can thrive and evolve over the years, establishing itself as a cornerstone of the community.Chinatown's Pulse at Your Doorstep:Immerse yourself in the vibrant culture and energy of Chinatown. With this central location, your business becomes an integral part of the local scene, attracting a diverse and engaged audience.Global Appeal, Local Charm:Embrace the global allure of Chinatown while maintaining the charm of a local business. This unique combination positions your investment as a magnet for both locals and visitors seeking an authentic experience.Your Vision, Your Success:Unleash your creativity and business acumen this is your chance to shape the future of a prime property in the heart of Chinatown. Take the reins, bring in fresh concepts, and watch your investment flourish.Don't miss out on this unparalleled business opportunity. Contact us now to explore the endless potential that awaits you in Chinatown!

Listing Courtesy of OCF Realty LLC - Philadelphia

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.

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PROPERTY INFORMATION

Heating
Central
Sewer
Public Sewer

ADDITIONAL INFORMATION

Body of Water
Public
Listing Courtesy of OCF Realty LLC - Philadelphia

OCF Realty LLC - Philadelphia

Listing Courtesy of OCF Realty LLC - Philadelphia
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