$385,000 / 2350ft2 - TWO COMMERCIAL BUILDINGS WITH TWO STOREFRONTS (AS PACKAGE) (Philadelphia)

Selling TWO COMMERCIAL BUILDINGS WITH TWO STOREFRONTS (AS PACKAGE). Two Buildings (both zoned mixed use – commercial and residential). Sale price is $385,000 (for both buildings). It is almost at the intersection of Frankford Avenue and Allegheny Avenue. Buildings are on Frankford Avenue and just north of Allegheny Avenue across the street from a 5-story commercial office building. See street numbers on the photographs (it is on Frankford Ave in Philadelphia and Zip code is 19134 - so do not send emails asking for the address). This advertisement is for sale of two buildings as a package, but can sell separately each building (two-story building for $275,000 and one-story building for $175,000). Both buildings are zoned C-2 Commercial / Mixed Use Zoning ("Mixed Use" is the zoning that allows commercial and residential use of properties, where properties can be used for commercial uses, or for residential, or for both). There is active vehicular and pedestrian traffic. Bus stop is on the corner (a few steps away) and subway is one block away. Excellent Development Opportunity in Busy Commercial Area. This is not a duplex but two buildings located next to each other. Only the fronts (street appearance) were remodeled (also replaced sewer pipes in the basements of both buildings and installed roof covers on both buildings some years ago (it is not real rubber but a special membrane material). Everything inside needs a total renovation (in general terms, buildings are shells); but buyers can reconstruct it to their own specifications and there is no reason for the current owner to do anything because the buyer may need property for something totally different. Selling As-Is, Where-Is. No warranties or any representations. Buildings are located across the street from a multi-story office building. Property is near public transportation, a few minutes of driving to Highway I-95, and shopping centers. About 10-15 minutes of driving on I-95 to Center City. First building previously (many years ago) had a fresh seafood store and some equipment is still in place (large glass display cabinet about 9 ft. long - needs a new cooling system, but the cabinet, as a box, appears to be in usable condition). There is also some old ice-making machine (have no idea if it works or not, in any case, most likely would need a repair or just to trash it). This building has two floors (commercial space on the first floor and the second floor has 3 rooms, kitchen, and bathroom). Building is 1,856 Sq. Ft. Everything needs total remodeling. Lot (land) size 1,750 Sq. Ft. Second building has only 1 floor - commercial space about 714 Sq. Ft. - just one open space without any additional walls or rooms – was many years ago a store. Possibly more floors can be added above (buyer must use own research). Also, everything needs total remodeling – it is a shell. Lot (land) size 2,350 Sq. Ft. Wall-to-wall buildings – you possibly can make the door opening to connect two buildings together. The size of two buildings – 2,570 Sq. Ft. The size of lots (land) for two buildings – 4,100 Sq. Ft. This is a large piece of land for the city limits (and rear yards possibly can be used for additional building expansions). Frontage is 18 Ft. for one building and 17 Ft. for a second building (35 ft. of commercial frontage for motivated developers). Large adjoining rear yards have potential for creating some additional building space and for any form of expansion (again, buyer must use own research - no assurances or representations). Any commercial space (and commercial land) is a valuable commodity in any city. This is an opportunity to have large commercial structures for use or development (whatever you want to do, as long as it is permitted by the City). There is a potential for the creation of on-site private parking (for own business) for several cars, if the City would allow making a driveway to the large backyards through the one-story building (after removing parts of the front and rear walls on the one-story building). I am selling commercial location and development opportunities, but not what the property can be appraised for (I am not selling for any potential appraised price that can be lower). Only serious buyers with available funds should respond to this advertisement. I will not show properties before the potential buyer would not submit the proof (evidence) of funds (that you have enough money to buy anything) because my time is valuable for me and I have no time to spend on “we buy for cash” nuisance (when people are looking for extremely low-priced deals). Real estate agents are welcome but I will not pay real-estate agents anything and they need to be “buyer’s agents.” This is "cash-and-carry" deal - no "owner financing" or any other arrangements. You will buy whatever you can see. However, it possibly would be an excellent place for a medical office, rehabilitation center, bank, stores, or anything you can imagine. After a few years, most likely, there would be no such a low price for this location (developers are coming and they need properties).