Philadelphia, PA 19136,7309-11 STATE RD
Philadelphia, PA 19136,7309-11 STATE RD
Philadelphia, PA 19136,7309-11 STATE RD
$550,000
Est. payment /mo
$575,000
4.3%
Est.Price: ?

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4,834 SqFt
SOLD DATE : 09/23/2024

Key Details

Sold Price $550,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 4,834 sqft

Price per Sqft $113

Subdivision Tacony

MLS Listing ID PAPH2360168

Sold Date 09/23/24

Originating Board BRIGHT

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 Description

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.

Location

State PA

County Philadelphia

Area 19136 (19136)

Zoning I2

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

Waterfront N

Water Access N

Accessibility None

Parking Type Other, On Street, Private Garage

Total Parking Spaces 20

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 882971535

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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Bright MLS (BMLS)
Listed by Michael F Cirillo • Better Homes Realty Group
Bought with John H Katein IV • Century 21 Veterans-Newtown

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Karen Wilkinson

+1(732) 599-1938

Agent | License ID: 0343436

Agent License ID: 0343436

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