9237 Frankford Ave,PHILADELPHIA, PA 19114
PHILADELPHIA, PA 19114
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.
Details
| MLS # | PAPH2658510 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1935 |
| Days On Site | 71 |
| Listing Provided By | RE/MAX Select Group | Joseph McCabe |
Features
| Zoning | CMX2 |
|---|---|
| Acreage | 0.05 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
Exterior
| Roof | Flat |
|---|---|
| Construction Materials | Masonry |
| Foundation Details | Block |
| Lot Features | Backs - Open Common Area, Rear Yard |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Utilities | Cable TV Available, Multiple Phone Lines, Natural Gas Available, Phone |
|---|
Taxes
| Tax Annual Amount | 2325 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19114 |
| Area | 19114 (19114) |
| Community Name | TORRESDALE |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in TORRESDALE) | |
Price: $1,200,000 low | high Med: $320,000 On site: 71 low | high Med: 19 | |
Market Activity 19114
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19114 |
| Area | 19114 (19114) |
| Community Name | TORRESDALE |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in TORRESDALE) | |
Price: $1,200,000 low | high Med: $320,000 On site: 71 low | high Med: 19 | |
