Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Electric, Central, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block, Concrete

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.04

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $950,000

  • Tax Amount

    $4,009

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

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PHILADELPHIA

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Listing Courtesy of Brady M Carroll , VRA Realty

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Three-story Mixed-Use Investment Property located on a prominent corner lot in the East Falls neighborhood of Philadelphia, PA.  Ideally located in an up-and-coming and vibrant section of the city right near Thomas Jefferson University.  The property is surrounded by long established landmarks, new retailers and trendy restaurants, and with an attractive mix of students, families and long time residents.  

This 3,769 SF building is zoned as CMX-1, which supports both the neighborhood-serving retail businesses and apartments above.  The ground floor is 1,575 SF of storefront retail space that is currently a beautiful 575 SF salon, and the remaining 1,000 SF was previously a cafe and could be leased to many different types of businesses that would compliment the surrounding area.  The kitchen hood and systems are still in place for a new food & beverage tenant to take advantage of. 

The second and third floor are two (2) three-bedroom / 1-bath apartments that have been updated nicely and feature private balconies and central air.  Most major capital expenditures have been recently upgraded including the mechanicals and utilities.  There is great value-add potential through leasing up the vacant retail space and increasing the apartment rents to marker rate.  This property is an excellent long term investment with many options to create value

3479 BOWMAN

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