216 - 218 Market Street
Available Property

216 - 218 Market Street

Retail
Property Description:

Amazing opportunity to own a Turn-Key, CMX3 Income Producing Mixed Use/Commercial Building in the heart of Old City at 2nd and Market Street! Located directly across the street from Christ Church and at the Market-Frankford subway stop, 216-218 Market Street features two (2) first floor commercial spaces currently occupied with a single long-term commercial tenant. The street level commercial spaces were formally a restaurant and include all equipment and a full commercial kitchen and office in the finished basement offering even more useable space. The second, third, and fourth floors feature four (4) modern residential apartments all with updated kitchens, bathrooms, hardwood floor, separate HVAC, and washer/dryer. Unit 1 is a 2 bedroom/2.5 bath currently rented at $2500/month. Units 2 and 3 are 1 bedroom/1 bath currently rented at $1675 each, and Unit 4 is a unique 3 bedroom/2 bath penthouse corner unit loft with an outdoor deck, private elevator and lobby entrance currently rented at $3900. This building has been meticulously maintained and is ideal for an owner/occupant or investor.

Property detail:
Corner
Ground Floor
Approximate Size:
8,000 SF
Sale type:
Sale
Rate:
$3,150,000