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Key Details
Sold Price $520,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 3,506 sqft
Price per Sqft $148
Subdivision Oxford Circle
MLS Listing ID PAPH2240922
Sold Date 04/17/24
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $5,109
Tax Year 2023
Lot Size 3,672 Sqft
Acres 0.08
Lot Dimensions 35.00 x 110.00
Property Description
BUSINESS AND REAL ESTATE FOR SALE. TOTAL PRICE $600,000. Introducing a fantastic commercial property investment opportunity at 5755 Oxford Avenue, Philadelphia, Pennsylvania, 19149. This prime retail space is situated in the heart of the bustling Oxford Circle retail business district and features a well-established, profitable tile supply business with a loyal customer base from all over the city. With the owner looking to retire, this is a unique chance for real estate investors and business entrepreneurs to capitalize on this thriving business.
This .08 acre property boasts a spacious 3,506 square foot commercial building comprising a retail showroom, office space, and warehouse storage. It also offers a 12-foot overhead drive-in door for convenient customer loading and unloading and store deliveries, as well as mezzanine storage and a conveyor system for inventory storage.
Notable features of the property include a large retail window, a retail sign. The business has many longstanding commercial and retail accounts. Equipment, inventory, and trained employees are available for a smooth transition.
The property is ideally located close to Saint Michael of Tours Catholic Church and School, next to a variety of popular retail establishments such as Dollar General Store, Family Dollar Store, Oxford Avenue Produce Center, Dunkin Donuts, Auto Sound Tire Shop, Sunoco Gas Station, and 2000 Nails Salon. There is plenty of on-street parking available for customers.
Built in 1950, the well-maintained property has central A/C, natural gas forced air heat, adequate electric service, and a flat roof. It is zoned CMX2 and has quick access to Roosevelt Boulevard Route 1 and I-76. Annual taxes are $5,109. Don't miss out on this outstanding investment opportunity in the Oxford Circle section of Philadelphia!
Location
State PA
County Philadelphia
Area 19149 (19149)
Zoning CMX2
Interior
Hot Water Electric
Cooling Central A/C
Flooring Concrete, Carpet
Heat Source Natural Gas, Electric
Exterior
Garage Spaces 1.0
Waterfront N
Water Access N
Roof Type Asphalt
Accessibility None
Parking Type On Street, Private Garage
Total Parking Spaces 1
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 882925425
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Bank Portfolio, Cash, Conventional
Listing Terms Bank Portfolio, Cash, Conventional
Financing Bank Portfolio,Cash,Conventional
Special Listing Condition Standard
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Bought with Lubin Laventure • Realty Mark Associates
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