2406 Ridge Ave , Philadelphia, PA 19121
Philadelphia, PA 19121
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.
Details
| Mls | PAPH2316854 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Pending |
| Year | 1915 |
| Days On Site | 319 |
| Listing Provided By | Philadelphia Homes | Karen Rachel Ehrlich |
Features
| Sq Feet | 3,018 |
|---|---|
| Zoning | CMX2 |
| Acreage | 0.03 |
Market Activity 19121
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Learn More About This Property
| State | PA |
|---|---|
| County | Philadelphia |
| City | Philadelphia |
| Zip Code | 19121 |
| Area | 19121 |
| Community Name | Philadelphia (north) |
| School District | The School District Of Philadelp |
| Elementary School | Kelley William |
| Listing VS Median (in Philadelphia (north)) | |
Price: $225,000 low | high Med: $87,450 SqFt: 3,018 low | high Med: 1,172 $ / SqFt: $75 low | high Med: $76 On Site: 319 low | high Med: 482.500000 | |