1450 W GRANGE AVENUE, Philadelphia, PA 19141

  • $275,000
1450 W GRANGE AVENUE, Philadelphia, PA 19141
Active
1450 W GRANGE AVENUE, Philadelphia, PA 19141
1450 W GRANGE AVENUE, Philadelphia, PA 19141
  • $275,000

Overview

Property ID: PAPH2442578
  • Commercial Sale
  • Property Type
  • 2260
  • 0.04
  • Lot Acres
  • 1925
  • Year Built

Description

Prime Mixed-Use Investment Opportunity – 1450 Grange Street

Welcome investors to 1450 Grange Street, a unique mixed-use property offering exceptional income potential. This versatile property features a commercial unit on the ground floor and an upper level with the potential to house four one-bedroom apartments. Whether you’re looking for a long-term investment, a redevelopment project, or an owner-occupied business space, this property presents endless possibilities.

Property Details:
Ground Floor Commercial Unit – Previously operated as a convenience store, this space generated $3,000 per month in rental income.
Upper-Level Residential Space – The second floor has the potential to be converted into four separate one-bedroom apartments, making this an excellent opportunity for a value-add investment. The units require a complete renovation, giving investors the flexibility to design modern, high-demand rental spaces.
Income Potential:
One-bedroom apartments in this area rent for approximately $1,240 per month.
Once renovated, the total projected rental income from the upper-level units alone could reach $4,960 per month.
Combined with the $3,000 monthly commercial rental income, the property offers a potential gross income of $7,960 per month.
High-Demand Rental Market – With strong rental rates in the area, this property has significant upside potential once the residential units are completed.
Strong Foot Traffic & Visibility – The commercial space benefits from a prime location with easy access for customers and tenants alike.
Flexible Investment Opportunity – Ideal for passive income, a redevelopment project, or an owner-user looking to operate a business on-site while generating additional rental revenue.
Endless Potential – Whether you renovate and rent, operate a business, or develop further, this property provides multiple options for strong returns.
This is an excellent opportunity for investors looking to capitalize on a highly versatile property in a growing market. With the right vision and improvements, 1450 Grange Street can become a highly profitable asset. The property is being Sold AS-IS No Repairs will be Made

  • Address 1450 W GRANGE AVENUE
  • City Philadelphia
  • State/county PA
  • Zip/Postal Code 19141
  • Country US

Details

Updated on February 10, 2025 at 4:01 pm
  • Property ID: PAPH2442578
  • Price: $275,000
  • Property Size: 2260
  • Land Area: 0.04 Acres
  • Garage Size: x x
  • Year Built: 1925
  • Property Type: Commercial Sale
  • Property Status: Active

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**Property Disclaimer** The information we provide about this property is believed to be accurate to the best of our knowledge; however, it may change without notice. We are not liable for any mistakes, errors, or omissions in the information presented. We strongly recommend that you conduct your own research and verify all details independently to ensure accuracy. Your diligence in seeking correct information is essential before making any decisions. " Homes Trade Hub "

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