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Danielle Wateridge

danielle.wateridge@gmail.com +1(703) 639-8869

$ 1,700,000

Est. payment -/mo

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Price Dropped by $195K

715-17 E PASSYUNK AVE Philadelphia, PA 19147

4,530 SqFt

UPDATED:

10/31/2024 01:00 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,530 sqft

Price per Sqft $375

MLS Listing ID PAPH2398172

Originating Board BRIGHT

Year Built 1960

Annual Tax Amount $3,237

Tax Year 2024

Lot Size 1,117 Sqft

Acres 0.03

Lot Dimensions 33.00 x 74.00

Property Description

The Petit Coin was completed and fully stabilized in fall 2021. This stunning development features 2 luxury residential units both offering 2 bedrooms, as well as two expansive street-level commercial spaces boasting a little over 1,450 square feet. The commercial corridor at the Petit Coin is home to Chase Bank, and Ham & Bone, a specialty pet retail and grooming boutique. The wedge-shaped design and unique facade add architectural variety and interest to one of the most historic and affluent subdivisions of Philadelphia. Petit Coin translates to "little corner", which is what the building accentuates. This triangle development is located at one of the most prominent intersections in Queen Village, on the corner of 5th and Passyunk. Queen Village is one of the oldest residential neighborhoods of Philadelphia, and its modern-day presence is full of eclectic restaurants and small businesses that make the neighborhood thrive. The project features premium finishes and sophisticated design elements that make the development one of a kind. The Petit Coin provides investors with a rare opportunity to purchase a stabilized development that offers significant rental upside with no capital improvements required.

Location

State PA

County Philadelphia

Area 19147 (19147)

Zoning CMX2

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 023133500

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Listed by Joseph M. Loonstyn Jr. • Keller Williams Main Line

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