$ 550,000 $ 575,000 4.3%

7309-11 STATE RD

Philadelphia, PA 19136

  • 4,852 Lot Size
  • 1940 Year Built
Wonderful opportunity to own a commercial space situated right at the the intersection of Cottman Avenue & State Road in Tacony with multiple uses. The property is currently being used as an autobody shop and boasts 4,834 square feet on a 22 X 218 lot. The property has a drive thru garage bay with two garage doors giving you access to the back of the property/rear yard. It also has an office conveniently located in the front of the building. This property can be purchased as a package deal with Two Other lots Across the street right on the corner of State Road & Cotttman Ave with Billboard Sign Rental Income and lot that can be used for customer parking or developed. Conveniently situated Just off 95 Exit with massive traffic counts and exposure for your business. Great for an owner occupant or investor. The property is being sold with a a lot across the street (7300-7304 State) which was previously an auto body shop. The billboard leases are on a 10-year lease with built in increases (Year 1 $6,800, Years 2 & 3 $8,000, Years 4-7 $9,000, Years 8-10 $9,500). The seller would sell the building without the lot but would not sell the lot 1st.
Listed by Better Homes Realty Group , Sold By Century 21 Veterans-Newtown

PROPERTY DETAIL

  • Key Details

    Sold Price $550,000

    Property Type Commercial

    Sub Type Other

    Listing Status Sold

    Purchase Type For Sale

    Subdivision Tacony

    MLS Listing ID PAPH2360168

    Sold Date 09/23/24

    Year Built 1940

    Annual Tax Amount $5,169

    Tax Year 2024

    Lot Size 4,852 Sqft

    Acres 0.11

    Lot Dimensions 22.00 x 218.00

    Property Sub-Type Other

    Source BRIGHT

  • Location

    State PA

    County Philadelphia

    Area 19136 (19136)

    Zoning I2

  • Building

    Sewer Public Sewer

    Water Public

    New Construction N

  • Interior

    Hot Water Natural Gas

    Heating Forced Air

    Cooling Central A/C

    Flooring Tile/Brick, Concrete

    Heat Source Natural Gas

  • Exterior

    Garage Spaces 20.0

    Water Access N

    Accessibility None

    Total Parking Spaces 20

    Garage N

  • Schools

    School District The School District Of Philadelphia

  • Others

    Tax ID 882971535

    Ownership Fee Simple

    Acceptable Financing Cash, Conventional

    Listing Terms Cash, Conventional

    Financing Cash,Conventional

    Special Listing Condition Standard

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CONTACT

Mike Cirillo
Mike Cirillo

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