1642-44 Ridge Avenue , Philadelphia, PA 19130

$950,000
  • 1642-44 Ridge Avenue , Philadelphia, PA 19130 Main Photo

28 Photos

New to the Market ACTIVE
MLS#PAPH2669484
STATUSACTIVE PROPERTY TYPECommercial - SUBDIVISIONFRANCISVILLE SCHOOLTHE SCHOOL DISTRICT OF PHILADELPHIA

Property Description

Bring your business, your vision, or both to 1642-44 Ridge Avenue! Offered at $950,000, this substantial mixed-use property in the heart of Francisville presents a unique opportunity for an entrepreneur, owner-user, investor, or developer seeking space, flexibility, and long-term potential. The first-floor commercial space offers approximately 4,000 square feet, per seller, providing an expansive footprint for a variety of business concepts or future redevelopment plans. The commercial level also includes a bathroom. Below is an exceptionally large full basement with approximately 8 to 8.5-foot ceiling heights, offering significant additional usable-space potential. The second-floor residential unit is currently owner-occupied and features 3 generously sized bedrooms, 1 full bathroom, a large living room with hardwood floors and a wood-burning fireplace, plus an updated oversized eat-in kitchen with abundant cabinetry. For the business owner, this creates the opportunity to operate your business downstairs while living comfortably upstairs. For an investor or developer, the existing residence offers the potential for rental income while developing or repositioning the commercial portion of the property. Public records identify the property as mixed use with one commercial and one residential unit and approximately 5,520 square feet of above-ground finished space. The property sits on an approximately 40' x 99' lot with rear access and the added convenience of a dedicated parking space at the rear. Located along the Ridge Avenue corridor in Francisville, this property combines substantial commercial space, residential living, income potential, off-street parking, and future development possibilities in one unique offering. Run your business downstairs. Live upstairs. Generate rental income. Develop for the future. One property—multiple paths forward. Buyer to independently verify square footage, zoning, permitted uses, and any required approvals.

1642-44 Ridge Avenue | MLS# PAPH2669484

This commercial property located at 1642-44 Ridge Avenue , Philadelphia, PA 19130 is currently listed for sale with an asking price of $950,000. 1642-44 Ridge Avenue is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.reexcelpros.com today.

Property Features

Property Type: Commercial -
Basement: Yes
Cooling: None
Fuel Type: Other, Natural Gas
Lot Size: 0.09 Acres
Taxes: $8,576
Year Built: 1920

Feature Descriptions

Accessibility: Level Entry - Main
Electric: Circuit Breakers
Exterior: Masonry
Flooring: Wood, Other
Lot Dimensions: 0.09 Acre(S)
Municipality: PHILADELPHIA
Parking Notes: Private
Sewer: Public Sewer
Total Garage/Parking Spaces: 1
Units: 2
Utilities: Natural Gas Available, Electric Available
Water: Public

Local Schools

School District: THE SCHOOL DISTRICT OF PHILADELPHIA

Listed By / Shown By

Listed By

Agency Name: RE/MAX Access
Agency Phone: 2154002600

Shown By

Agency Title: Real Estate Excel, The Baringer Group, Ltd.
Agency Phone: 215-536-9550

IDX logo

Login to My Homefinder