SJI Jackson Real Estate extends to qualified investors the opportunity to acquire the fee simple interest in the commercial office building located at 7601 Castor Avenue in Philadelphia, PA. The office building is comprised of 8 retail units with additional income from a cell tower lease on the roof. Additionally, the property contains ample onsite parking to accommodate its tenants. The property has an excellent rental history with strong tenants currently in place and is currently presented at 87.5% occupied. All leases include varying CAM and excess real estate tax reimbursements.
| Price: | $$1,995,000 |
| Address: | 7601 Castor Avenue |
| City: | Philadelphia |
| County: | Philadelphia |
| State: | Pennsylvania |
| MLS: | PAPH969922 |
| Square Feet: | 11,835 |
| Acres: | 0.320 |
| Lot Square Feet: | 0.320 acres |
| dom: | 1 |
| taxLot: | 110 |
| lotSqft: | 14041 |
| mlsArea: | 19152 (19152) |
| netSqft: | 14041 |
| taxYear: | 2020 |
| hotWater: | 60+ Gallon Tank |
| saleType: | Standard |
| fencingYN: | N |
| heatingYN: | yes |
| historicYN: | no |
| possession: | Immediate |
| coolingFuel: | Electric |
| coolingType: | Central A/C |
| heatingFuel: | Electric |
| heatingType: | Baseboard - Electric |
| landUseCode: | DB0 |
| propertyUse: | Investment |
| sewerSeptic: | Public Sewer |
| waterViewYN: | no |
| businessType: | Medical, Hair Salon and Spa, Professional, Other/General Retail, Other |
| centralAirYN: | yes |
| lotSizeUnits: | Square Feet |
| municipality: | PHILADELPHIA |
| tidalWaterYN: | no |
| yearAssessed: | 2020 |
| lotSizeSource: | Assessor |
| typeOfParking: | Parking Lot |
| waterAccessYN: | no |
| buyerFinancing: | Cash |
| buyerAgencyComp: | 2.5 |
| buyerAgentMlsId: | 3269650 |
| taxAnnualAmount: | 22479 |
| waterOrientedYN: | no |
| yearBuiltSource: | Assessor |
| buyerOfficeMlsId: | JPGMACRE |
| carParkingSpaces: | 15 |
| municipalTrashYN: | no |
| navigableWaterYN: | no |
| potentialTenancy: | Multiple |
| riparianRightsYN: | no |
| taxAssessedValue: | 1605900 |
| vacationRentalYN: | no |
| baseoffmarketdate: | 2021-02-05T00:00:00+00:00 |
| lotSizeDimensions: | 99.12 x 121.90 |
| ownershipInterest: | Fee Simple |
| propertyManagerYN: | Y |
| buildingUnitsTotal: | 8 |
| groundRentExistsYN: | no |
| buyerAgencyCompType: | % Of Gross |
| lotDimensionsSource: | Assessor |
| taxOpportunityZoneYN: | N |
| buildingClassification: | Class C |
| buildingTotalSqftSource: | Assessor |
| associationRecreationFeeYN: | N |
| listOfficeBrokerOfRecordKey: | 121135036015 |
| totalGarageAndParkingSpaces: | 15 |
| automaticallyUpdateTaxValuesYN: | yes |
Please sign up for a Listing Manager account below to inquire about this listing