1642-44 Ridge Ave, Philadelphia, PA 19130

$950,000
3
BD
2
BA
5,500
SqFt

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List Price
$950,000
Status
ACTIVE
MLS#
PAPH2670706
Bedrooms
3
Bathrooms
2
Full-baths
1
Half-baths
1
Living Area
5,500
Lot Size
3,920
Region
19130 (19130)
Subdivision
Francisville
Neighborhood
Francisville
Year Built
1920
Acres
0.09

Property Description

Bring your business, your vision, or both to 1642-44 Ridge Avenue! Offered at $950,000, this substantial mixed-use property in the heart of Francisville presents a unique opportunity for an entrepreneur, owner-user, investor, or developer seeking space, flexibility, and long-term potential. The first-floor commercial space offers approximately 4,000 square feet, per seller, providing an expansive footprint for a variety of business concepts or future redevelopment plans. The commercial level also includes a bathroom. Below is an exceptionally large full basement with approximately 8 to 8.5-foot ceiling heights, offering significant additional usable-space potential. The second-floor residential unit is currently owner-occupied and features 3 generously sized bedrooms, 1 full bathroom, a large living room with hardwood floors and a wood-burning fireplace, plus an updated oversized eat-in kitchen with abundant cabinetry. For the business owner, this creates the opportunity to operate your business downstairs while living comfortably upstairs. For an investor or developer, the existing residence offers the potential for rental income while developing or repositioning the commercial portion of the property. Public records identify the property as mixed use with one commercial and one residential unit and approximately 5,520 square feet of above-ground finished space. The property sits on an approximately 40' x 99' lot with rear access and the added convenience of a dedicated parking space at the rear. Located along the Ridge Avenue corridor in Francisville, this property combines substantial commercial space, residential living, income potential, off-street parking, and future development possibilities in one unique offering. Run your business downstairs. Live upstairs. Generate rental income. Develop for the future. One property—multiple paths forward. Buyer to independently verify square footage, zoning, permitted uses, and any required approvals.

Additional Information

Style
Other
Foundation
Concrete Perimeter
Accessibility Features
Level Entry - Main
Sewer Septic
Public Sewer
Utilities
Electric Available, Natural Gas Available
Parking
Private
Water
Public
Basement
Yes
Fireplace
Yes
Flooring
Other, Wood
Roof
Flat
Heating
Other

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX Access. Contact: 2154002600

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