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$585,000
305 Days On Site

1016-18 Race St
Philadelphia, PA 19107

For Sale|Retail|Active
0
Beds
0
Full Baths
0
Partial Baths
14,000
SqFt
$42
/SqFt
1890
Built
County:
PHILADELPHIA
Listing courtesy of OCF Realty LLC – Philadelphia
Call Now: 267-435-8015
Is this the home for you? We can help make it yours.
267-435-8015
1016-18 Race St1016-18 Race St1016-18 Race St1016-18 Race St
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REDUCED PRCE for QUICK SALE! Don't miss your opportunity for a unique Investment Opportunity in the Heart of Chinatown! Liquor License Available! Seize the opportunity to own a thriving business with a long-term lease, strategically located in the vibrant heart of Chinatown. This prime property boasts: National Long-Term Tenants: Secure your investment with existing leases held by reputable national long-term tenants. This stability not only ensures a consistent income stream but also lays a solid foundation for the future success of your venture. Profitable at 40% Occupancy: Witness unparalleled financial efficiency! The current rent roll covers the majority of expenses even at a mere 40% occupancy. Imagine the potential for increased profitability with strategic leasing and management. Versatile Spaces: This property offers versatile spaces, providing the canvas for your entrepreneurial vision. Whether you bring in new concepts or tenants, the possibilities are limitless. Customize and curate a dynamic mix that resonates with the energy of Chinatown. Long-Term Lease in Place: Benefit from the security of a long-term lease, providing stability and peace of mind for your investment. Your business can thrive and evolve over the years, establishing itself as a cornerstone of the community. Chinatown's Pulse at Your Doorstep: Immerse yourself in the vibrant culture and energy of Chinatown. With this central location, your business becomes an integral part of the local scene, attracting a diverse and engaged audience. Global Appeal, Local Charm: Embrace the global allure of Chinatown while maintaining the charm of a local business. This unique combination positions your investment as a magnet for both locals and visitors seeking an authentic experience. Your Vision, Your Success: Unleash your creativity and business acumen – this is your chance to shape the future of a prime property in the heart of Chinatown. Take the reins, bring in fresh concepts, and watch your investment flourish. Don't miss out on this unparalleled business opportunity. Contact us now to explore the endless potential that awaits you in Chinatown!

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Listing Snapshot
Price 
$585,000
Days On Site 
305 Days
Bedrooms 
N/A
Inside Area (SqFt) 
14,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.17 Acres
Year Built 
1890
MLS® Number 
PAPH2317142
Status 
Active
Property Tax 
$42,614
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoPrice changed to $585,000
2 months agoListing updated with changes from the MLS®
9 months agoStatus changed to Active
10 months agoListing first seen on site
General Features
Acres 
0.17
Parking 
On Street
Property Sub Type 
Retail
Sewer 
Public Sewer
SqFt Total 
14000
Water Source 
Public
Interior Features
Heating 
CentralNatural Gas
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Community Features
MLS Area 
19107 (19107)
Listing courtesy of OCF Realty LLC – Philadelphia



The real estate listing information is provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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