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William Mercogliano III

themercteam@gmail.com +1(856) 472-9836

Listed by Jackie Zhang • HomeSmart Realty Advisors

$2,550,000

Est. payment - /mo

0.32 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID PAPH2566262

Year Built 1970

Annual Tax Amount $32,305

Tax Year 2025

Lot Size 0.320 Acres

Acres 0.32

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Well-located property that rests on a combined 0.32-acre parcel with approximately 16,000 square feet of leasable area. Currently occupied by three established tenants, a supermarket, a language school and an entertainment KTV tenant providing stable income. Additional office space on the second floor for leasing, ideal for professional services, education, or creative uses. Located within minutes of Cottman Avenue and surrounded by a dense and thriving neighborhood, with over 300,000 residents within a 3-mile radius. Only 2000 ft away from the Cottman & Bustleton Shopping Center in Northeast Philadelphia. A great opportunity for investors or owner-users seeking income stability with upside potential in one of the busiest commercial corridors in Northeast Philadelphia.

Location

State PA

County Philadelphia

Area 19149 (19149)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Flooring Carpet

Heat Source Natural Gas

Exterior

Garage Spaces 25.0

Utilities Available Electric Available, Cable TV, Natural Gas Available, Multiple Phone Lines, Water Available, Sewer Available

Water Access N

Accessibility None

Total Parking Spaces 25

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

High Schools Northeast

School District The School District Of Philadelphia

Others

Tax ID 885905020

Ownership Fee Simple

Special Listing Condition Standard

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Nearby School & Business

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William Mercogliano III

+1(856) 472-9836

Broker Associate License ID: 0893537

7034-7048 CASTOR AVE Philadelphia, PA 19149

William Mercogliano III

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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