Northeast Philadelphia Mixed Use Site

7832 Castor Ave Philadelphia, PA 19152

FOR SALE
Property Type:
Street Retail
Amount:
$1,750,000
Last Verified:
Jan 07, 2021

Highlights

  • Corner property
  • Signalized intersection
  • Primary artery
  • Close to Route 1/ Roosevelt Blvd
  • Short drive to I95 access
  • Northeast Airport

Description

Long standing local auto business that sits on a CMX2 piece of land in the middle of the historic Rhawnhurst section of Philadelphia. This sale can also include the well established long standing business that has a high grossing track record for last four decades. Because of the zoning this site can be re-developed into a mixed, use retail and or multi family asset.

What a great location ! This site is houses a local business who's been here for the last forty five years. With close proximity to Bucks County & Montgomery County, this site serves a great jumping off point to other primary arteries.

Building Size: 2296sq ft
Lot Size: 0.42 acres

Map of 7832 Castor Ave, Philadelphia, PA, 19152

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
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