PA > Philadelphia > Philadelphia (North)
Philadelphia, PA 19121,2406 RIDGE AVE
Philadelphia, PA 19121,2406 RIDGE AVE
Philadelphia, PA 19121,2406 RIDGE AVE
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$225,000
Est. payment /mo
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3,018 SqFt
Pending

2406 RIDGE AVE Philadelphia, PA 19121

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Melissa Roswell

Melissa Roswell

+1(856) 904-9502

UPDATED:

08/14/2024 10:13 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Square Footage 3,018 sqft

Price per Sqft $74

Subdivision Philadelphia (North)

MLS Listing ID PAPH2316854

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $1,571

Tax Year 2023

Lot Size 1,440 Sqft

Acres 0.03

Lot Dimensions 18.00 x 80.00

Property Description

Discover an exceptional investment opportunity in the vibrant Brewerytown/Sharswood area of Philadelphia! Presenting 2406 Ridge Avenue, a dynamic property offering over 3,000 sq ft of mixed-use space, poised for transformation. This property features a commercial space on the first floor, previously operated as a beauty salon, offering a fantastic foundation for a variety of business ventures. Exclusive access to the expansive residential quarters is available through a private entrance, leading to the second and third floors where spacious living areas await revitalization.

Nestled in a rapidly developing neighborhood, this property stands in a QOZ (Qualified Opportunity Zone), maximizing potential tax benefits for investors. The location is unbeatable, situated amidst a plethora of local amenities in the 19121 zip code area – from eclectic dining and vibrant nightlife to cultural hotspots and lush parks. Proximity to public transportation ensures easy access throughout Philadelphia, making it a highly desirable location for both commercial and residential tenants.

Sold AS IS, this property requires rehabilitation, offering a blank canvas to craft a bespoke investment tailored to the evolving demands of this up-and-coming neighborhood. Whether you're looking to inject new life into the commercial space or remodel the residential units for rental or sale, 2406 Ridge Avenue is a prime canvas for visionary investors. Don't let this remarkable opportunity slip by – envision the potential and make your mark in Brewerytown/Sharswood.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning CMX2

Interior

Hot Water None

Heating None

Cooling None

Heat Source None

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Septic

Water Public

New Construction N

Schools

Elementary Schools Kelley William

High Schools Strawberry Mansion

School District The School District Of Philadelphia

Others

Tax ID 871131950

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Karen Rachel Ehrlich • Philadelphia Homes

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Melissa Roswell

Agent | License ID: 1540788

+1(856) 904-9502

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2406 RIDGE AVE

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