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Key Details
Sold Price $449,500
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Northern Liberties
MLS Listing ID PAPH2252932
Sold Date 02/01/24
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $3,573
Tax Year 2023
Lot Size 714 Sqft
Acres 0.02
Lot Dimensions 14.00 x 51.00
Property Description
Calling all savvy investors, developers and entrepreneurs! This well-established, fully turnkey medical supply business and the commercial mixed use space in which it is located is now for sale. Located in Northern Liberties - one of Philadelphia’s most desirable and finest neighborhoods - this business and property sale offers the opportunity of a lifetime for those looking. The business for sale is a medical supply business, fully owned and operated for over 40 years, and truly provides everything a new prospective owner may be looking for. With strong relationships with multiple physicians local to the area, a stable and supportive customer base, and the ability to accept multiple different insurances in network as the business is current on all major licenses, all the hard work is already taken care of. By valuing this package deal where it stands currently, the potential to make this a true steal is even greater. Historically grossing over 700K a year, under new ownership, this number could improve substantially more. By increasing the number of staff members, improving equipment distribution, and ensuring maximal efficiency receiving insurance authorizations, income YoY should increase drastically. Perhaps best of all, this business is being packaged together with the physical property it is located within. The property is zoned commercial mixed use, which allows for you to run the business out of the first floor while simultaneously renting the second floor as a residential unit. The second floor is currently set up as a two bedroom, one bathroom space, which, with proper updating, can be rented for over $1800/month. This is perfect to help reduce expenses and improve your bottom line. Located in the heart of Northern Liberties right on Girard Avenue, you’ll be acquiring a tremendous asset that will continue to appreciate, all to go with your turnkey, cash flowing business. So what’s the wait? Call now before this fantastic, once in a lifetime opportunity passes you by!
Location
State PA
County Philadelphia
Area 19123 (19123)
Zoning CMX3
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Sewer No Septic System
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871524230
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Kimberly Chadwick • Keller Williams Realty Group
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