2200 W ERIE AVE Philadelphia, PA 19140
3,330 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 3,330 sqft
Price per Sqft $225
MLS Listing ID PAPH2642206
Style Straight Thru
Abv Grd Liv Area 3,330
Year Built 1930
Annual Tax Amount $2,434
Tax Year 2025
Lot Size 1,167 Sqft
Acres 0.03
Lot Dimensions 20.00 x 58.00
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
Don't miss this rare opportunity to own a highly visible, income-producing corner property consisting of 2200 & 2202 W. Erie Avenue, Philadelphia. This impressive three-story mixed-use building occupies a prime corner location with outstanding exposure and heavy daily traffic, directly across from the 39th Police District and a Philadelphia Fire Department station.
The ground floor features a well-established dollar store that has been successfully owned and operated by the current owner for 21 years. The business has a loyal customer base, stable sales history, low operating costs, and is easy to manage. The business, fixtures, equipment, and inventory are included in the sale, offering a true turnkey opportunity. The commercial space is equipped with central air conditioning for year-round comfort.
Above the commercial space are two residential rental units, both currently tenant-occupied, providing immediate rental income and additional cash flow.
The property is separately metered with 4 gas meters and 6 electric meters, offering flexibility for future use and management. The seller has also converted all appliances to electric, helping reduce maintenance and improve efficiency.
Whether you're an investor seeking a strong mixed-use asset or an owner-operator looking to run your own business while generating rental income, this property offers exceptional value and long-term potential in a highly traveled commercial corridor.
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning CMX2
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility 32\"+ wide Doors
Garage N
Building
Foundation Permanent
Above Ground Finished SqFt 3330
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871080650
Ownership Fee Simple
SqFt Source 3330
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
