$1,999,900
( $555.53Per Sq Foot )
 $10,736 est/mo Sourced by Back At You

1019-49 W Sedgley Ave , Philadelphia, PA 19140

Philadelphia, PA 19140

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Description

RARE OPPORTUNITY to own this very unique & LARGE CORNER Laundromat with an extremely huge parking lot that can fit over 50 vehicles (Tax ID#: 882005680)! This Laundromat is about 3,600 sq. ft. and the entire Lot size is about 36,547 sq. ft.! This property sits on about 16 lot addresses! Seller is also selling separately a very big plot of Land directly next door to this Laundromat that is also up for Sale (Tax ID: 885949820)! That entire Lot size is about 15,462 sq. ft.! This separate Lot sits on about 4 lot addresses! This spacious Laundromat is setup as a Coin Laundromat Business that consists of 46 Dryers & 41 Washers. Take advantage of this rare opportunity before it's gone! Laundromat space has tile floors throughout with ceiling fans. Plenty of natural lights shining T/O entire Laundromat to help you save on energy bills! There is a half bathroom on the side the Laundromat. There is a Utility Room towards the back of the Laundromat. This Laundromat generates averagely of about $15,000/month on the coin machines alone. Business also sells laundry detergents, softeners, laundry foldable trolley carts, etc., which these inventories are EXCLUDED from the Sale. Laundromat business opens from 7AM to 9PM, all 7 days a week. The following items were recently updated by Owner: New Stucco (2021), Newer 6 inch Sewer Line (2018), New Central Heating System (2021), New Gas Hot Water Heater (2021), Newer Aluminum Roof & Rubber Roof (2018). There are also video surveillance cameras from outside the property! Start off your new business or investment with this very low maintenance property! Buyer is responsible to reach out to the City for any zoning questions or use variance. Below are some of the Business Expenses: Water ($1,671/mo.), Electric ($635/mo.), Gas ($1, 225/mo.), Trash ($118/mo.), Sewer ($84/mo.), Comcast Cable TV & Internet ($261/mo.), Business Telephone ($30/mo.), Alarm System ($54/mo.); Property & Liability Insurance ($12,000/year), Property Tax ($4,966/year) . Run the existing Laundromat business to generate instant cash flows OR open up your own business! So your investment possibilities are endless w/ this very large CORNER Commercial Property! Possible Redevelopment Opportunity! Property is being sold strictly in AS-IS, WHERE-IS condition! Buyer is responsible for any & all repairs (if needed). Septa bus / trolley stops & public transportation are easily accessible in the area! Close to shopping centers/plazas, supermarkets, stores, gyms, restaurants, parks, & much more! Easy access to all major highways! Minutes away from Temple University School of Pharmacy, Temple Medical Schools, Temple University Hospital, Temple University Main Campus, & many more! PRICED VERY COMPETITIVELY TO SELL!! Get an offer in quickly before it's gone!!

Details

MLS#PAPH2312692
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1942
Days On Site189
Listing Provided ByCentury 21 Advantage Gold-South Philadelphia | Phong D Lam

Features

SQ Feet3,600
ZoningI2
Acreage0.84
Property ViewYes

Market Activity 19140

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Listings Checked: 4 minutes ago
StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19140
Area19140
Community NameTemple University
School DistrictThe School District Of Philadelp
Elementary SchoolBethune Mary Mcleod
Middle SchoolMary Bethune School
High SchoolMastery Charter School At Gratz
Listing VS Median (in Temple University)
Price:
$1,999,900
low | high
Med:
$2,000
100% of Average
SqFt:
3,600
low | high
Med:
1,100
100% of Average
$ / SqFt:
$556
low | high
Med:
$2
100% of Average
On Site:
189
low | high
Med:
99
100% of Average
Sourced by Back At You
Listing Updated: July 19, 2024 at 12:08:23 PM PDT