Melrose Park PA Real Estate & Homes For Sale

How would you like to capitalize on the rare opportunity to own and operate a successful auto repair business with a great track record and built-up and consistent clientele? Forty-seven years in the auto repair industry with four generations of referral business. Just cannot get better quality leads than repeat referrals. On top of that, the area is loaded with residents, most owning used cars so . . . Voila! A need for a good mechanic shop. This shop is a true source of stable revenue. Perfect for a local mechanic shop. The shop is meticulously maintained. Two ground lifts permanently mounted will stay. An additional moveable lift can be negotiated. Well-organized shelves will stay. Tanks were properly remedied years ago, with proper paperwork and approvals. Quiet Storm is the owner has been in business for 47 years with a reputation second to none! When he sells this building, his book (clientele) will be referred to come and have the new owner perform all the work. The property is huge, measuring around ninety-three feet deep by 112 feet along Ogontz. Plenty of parking (even sell cars here â check for zoning appropriateness. Three bays, office, waiting room, storage room, air pump, bathroom, and central air conditioning. Eleven-foot ceilings allow the lifts to operate perfectly and the front glass garage doors allow natural sunlight to enter and give the look of a garage from the fifties (yes Grease is alive!!!). The opportunity of a lifetime for a person with a love for mechanics is waiting for you to settle. OR: Raze the building and apply to build apartments or use it for another business however, the best use is for a mechanic wanting to do what they love and make a great living from their love.

Located on the bustling corner of Ogontz and Cheltenham Ave., this distinctive 2,400 sq. ft. mixed-use property offers the comfort and functionality of a residence that can draw passive income. It includes 2 upstairs apartment units, as well as a first-floor store front, all of which support separate gas and electric lines. With its conventional brick exterior, this triplex is divided into 1,200 sq. ft. for commercial space, while another 1,200 sq. ft. accommodates the 1-bedroom units upstairs. And thereâs no doubting the surrounding charm of that blue-chip, Philly suburb. This property is on the main drag, and has access to the SEPTA lines, as well as local chain stores and grocers. It also provides a great opportunity for people with a more dynamic vision of real estate usage. Few properties offer more! Especially on the cusp of Glenside, around the Mount Airy area. TRUIST Abstract will provide the title. Property will be purchased AS-IS. Inspections for buyers purposes only.

Valuable mixed use property with a full basement space on busy 5th street in the major commercial section of the Olney area. Excellent use for a professional office or commercial space on the first floor. The second floor has a 2bed/1 full bath, Recently updated for many features in the property. Private fenced parking spaces in the back of the property. The first floor can be easily connected with 5731 N 5th street if buyer will need more office or commercial space. The property at 5731 N. 5th street will be sold simultaneously. A seller is a licensed Pa realtor.

This mixed-use property located on busy 5th Street in the Olney section of North Philadelphia presents an excellent opportunity for both owner-users and investors. Here's a breakdown of its key features: Situated along a major commercial area, the property benefits from high visibility and foot traffic, which is advantageous for businesses. The property offers a mix of commercial and residential space. The first floor can be utilized as one large office/commercial space or divided into two separate units to accommodate different businesses. This flexibility appeals to a wide range of tenants or businesses. The property has been recently updated, enhancing its appeal and reducing the immediate need for further renovations or repairs. A significant advantage is the presence of private fenced parking for two cars in the backyard. This amenity adds value, especially in urban areas where parking can be scarce. With its strategic location and mixed-use layout, the property presents a promising investment opportunity. It could generate rental income from both commercial and residential tenants. For those looking to establish their business, the property offers the opportunity to own their workspace while potentially generating additional income from the residential unit. The fact that the property will be sold simultaneously with another at 5733 N. 5th Street indicates potential for portfolio expansion or coordinated investment strategies. Seller is a licensed Pa Realtor. Overall, this property's combination of location, flexibility, recent updates, and investment potential makes it an attractive proposition for both business owners and investors in the Philadelphia area

Beautiful mixed-use building located in the Olney section of Philadelphia. Excellent opportunity for an investor or owner occupant. There is currently a long-time tenant on the first floor operating a Fashion shop. The upstairs is a 2 bedroom, 1-bathroom spacious apartment. Great location in a busy business corridor! Conveniently located near public transportation, stores, schools, etc. Nothing to do but collect rent. Property sold in "as-is, where-is "condition. Make your appointment today!

Prime Commercial space for sale on a high traffic and high visibility street. Previously a dental office, this space is ideal for medical or dental use but can easily accommodate many uses. Everything is new, the space is versatile and your business can start in this location now.

Sizable warehouse set up as an auto service center with a sliding garage door that can be converted into a storage space, with a spacious and private parking lot. The entire property is surrounded also surrounded by a fence. Located between Northeast and North Philadelphia, the property itself is located in a residential area and is located a few blocks away from Rising Sun Ave in the neighborhood of Lawncrest. Excellent location for a business. Originally intended to be used as an auto service center, currently stores auto servicing equipment that can be included at the request of the buyer. See photos for unused, mostly new equipment.

Business opportunity and owning a commercial building!! Located busy business on district 5th Street in philadelphia. 2 story building for sale, deli and grocery is included for sale price. Liquor License. and inventory is excluded in sale price.

Business opportunity !! Located busy business district on 5th Street in philadelphia. Beer deli and grocery with 2 story building for sale. Liquor License is not Included in sale price.

3 story with basement and rear parking lot , It had been used for beer deli & hot food for years , a corner building . basement : used for storage room for beer and sodas, 1 gate door from sidewalk, all the windows are well blocked with metal fence. 1st floor: 3 automatic open gate door , 1 cooking grill and for Chinese food system, 1 bathroom, 1 big walk in box cooler for beer and soda , 2 refactors , 2 stair beds , 1 room , bulletproof plastic glass , 1 cash register , closed now , you can open deli food or deli Chinese restaurant , or beer deli ( you can buy separately liquor license at $160,000.00 from the seller ) . 2nd floor : a nice wood floor , looks really nice , entrance from inside store and from outside , 2 bedroom, 2 bathroom, 1 living room , 1 kitchen , 1 circuit break box for only 2nd&3rd floor , connected stair from store and 2nd floor and 3rd floor with hard wood , 1 door for exterior. 3rd floor: connected from 2nd floor with hard woof stair , 3 beds room, 1 bathroom, 2nd &3rd floor looks 1 home or 1 unit a good apartment . It's really nicely decorated, MUST see

Excellent investment opportunity awaits at 990 W Tabor St, where 77 proposed units can be built without the need for a zoning variance. This prime 16,940 square foot commercial lot, adjacent to Einstein Hospital, offers a "By-Right" development opportunity, ensuring a streamlined process for potential developers. Benefit from a 10-year Tax Abatement and capitalize on the property's location within a Federal Opportunity Zone, unlocking potential tax incentives for savvy investors. Positioned amidst a robust medical employment hub, with institutions like Einstein Medical Center, Temple University Hospital, and Shrinerâs Hospital for Children nearby, this location promises steady demand from medical professionals and staff. Convenient access to public transportation further enhances the property's appeal, with SEPTAâs Fern Rock Transportation Center just a short walk away. This strategic location ensures easy commuting for future residents, with a mere 20-minute ride to Center City Philadelphia. Seize the opportunity to develop 77 apartment units on this vacant land, strategically located in the Olney Section of Philadelphia. With CMX-2 zoning in place, new ownership can move forward confidently in creating a thriving residential community near major employment centers. Don't miss out on this exceptional chance to invest in the growth potential of the Tabor Road Multi-Family Development Site.

MULTIFAMILY INVESTOR ALERT: Solid Mixed-Use 3,627 SF FivePlex Investment Opportunity offering substantial value-added space. Zoning CMX1. This property is composed of a 24â x 112' or 2,744 SF lot that contains two brick buildings: a two-story main building 21.7'x64', and a nicely proportioned one-story building facing Lawrence St. This building is an undeveloped vacant masonry shell constructed slab on grade 24â x 40'. The main building contains one commercial space, plus three modest-sized apartments. Separate heat, hot water, gas, and electric. Furthermore, a side-set on the main building permits windows on all four sides. The vacant accessory building offers an opportunity to add a fourth large apartment or, consider adding a second level to make the property a legal six-plex, by right. The owners purchased this property 15+ years ago. They have enjoyed 100% occupancy as a steady-reliable source of income. The occupants are responsible long-term tenants. The commercial unit is under lease at $1,300/M until 08/01/2024. The two-bedroom unit on the second floor is under lease at $800/M until 02/01/2024. All tenants prefer to stay. As a courtesy to the Buyer, the owners temporarily have not renewed the other two residential leases and are holding them on a month-month basis to give the Buyer more control and a free hand to plan and carry out their upgrades and use of the property. Residential tenants are month-month with below-market rent which has been the same for ten years. There have been no structural or mechanical concerns throughout the sellers' ownership. Dry basement, a dry roof, and good bones. Handsome commanding presence, with modest curb appeal. The market-rate financial metrics demonstrate that this offering is a solid investment opportunity for a new owner who upgrades the residential apartments to keep pace with recent lifestyle preferences and builds out the ground level of the accessory building. Market Rate Proforma Financial Metrics: GPI: $66,600, Vacancy 5%, NNN $1,832 Additional Income, GAI TTL $64,202, EXPENSES: 19.3%, NOI $51,802, CAP 10.04%. A leveraged project investment of 25% or $128.951 for a 75% LTV mortgage that includes both acquisition and construction costs yields an annual 15% cash-cash ROI with a DSCR of 1.60. Ask to see the complete Financial Worksheet. Gobble up this workhorse opportunity and grow your real estate portfolio with this solid product. Review the photos, plan view, property details, financial metrics, and give us a call. Feel free to contact us with any questions or your expression of interest. Motivated Seller. Strong opportunity to grow. Go For It!.

Family owned take-out pizza shop on busy street in Olney. Fully equipped kitchen with pizza oven, fryer, walk in refrigerator, freezers, and prep table. Recipes, all restaurant supplies and inventory included. 2nd floor is currently used for storage and office space but features a full bath and eat-in kitchen. Separate utilities. Ample street parking. Upstairs meat grinder, personal computers and office equipment is not included. Business is included with purchase of real estate. Cannot be sold separately.

Philadelphia Tavern for Sale. Sale includes the Real Estate and R Liquor License. Second floor has a 3 bedroom apartment which is currently leased for $750 a month.

GREAT OPPERTUNITY !!! for Investor !!! ,Asking price for real estate that buyer wants business or not . the seller will remove all equipment If the buyer doesn't want it , is $950,000.00 , Many ideas for opening retail business , redevelopment , wear house , used car dealer ,... and keep auto repair shop.. Auto repair & state car inspection & body shop , present owner more than 20 years ,big parking lot ,near Rt 1 & North 5th street , 2 story building : First floor -shop , 2nd floor - vacant , It was office before. break down :

Stunning Masonry Construction building built in 1894 offers over Twelve Thousand square feet and multiple levels of parking on almost an acre of ground. Was originally the Wyncote Public School building. The property is currently rented to several businesses over 3 floors. Also offers storage areas throughout. Multiple Conference rooms and cafeterias throughout each floor. High ceilings, Gas heating, rear steel fire escape plus Central Air. Property is zoned commercial and the floor plan could possibly be changed to offer more office space for additional income. Consider re-configuring the layout to offer Residential Rentals or Condos (of course Township Approval would be needed). Plenty of opportunities for the savvy investor with loads of parking. Currently 10 different Businesses paying Rent. Amazing property!!

Step into the extraordinary at 515 W Fisher Ave! This property is a rare gem boasting not just one, but two distinctive homes on a spacious lot. As you approach, a lengthy driveway welcomes you, setting the stage for the exceptional experience that awaits. The front house, a haven of comfort, offers 3 bedrooms and 2 bathroomsâa perfect blend of style and functionality. Venture further, and you'll discover the charm of the back house, featuring 2 bedrooms and 1 bath, designed with a thoughtful touch. Unleash the potential of this property with endless investment possibilities! Zoned CMX2, the canvas is yours to create a thriving venture or a unique living arrangement. The strategic location adds another layer of appeal, as you're within walking distance to shopping havens and seamless access to public transportation. Don't just take my word for itâcome and witness the magic of 515 W Fisher Ave for yourself. This is not merely a property; it's an invitation to explore the extraordinary. Your new adventure awaits!

Commercial opportunity awaits at 5630 Chew Avenue, Philadelphia, PA! This versatile property boasts a high-visibility location, perfect for entrepreneurs, investors, and businesses seeking a strong presence in a highly populated section of the city. With its strategic positioning on Chew Avenue, this property offers easy access to major thoroughfares, public transportation, and a thriving local community. Whether you're looking to establish a new venture, expand your current operations, or invest in a promising opportunity, 5630 Chew Avenue offers the ideal setting for success. Property being sold as.

Investment Opportunity!!! Mixed Use building in convenient location on Rising Sun Ave, Main level features a very establish Commercial Store front, currently operating for 59 years since 1963 as ACS Repair Center. Front entrance to commercial space, common rear entrance to store and access to 2nd floor apt. The 2nd floor apt features 3 studio bedroom apartment completed renovate with a beautiful ceramic floor, two new windows, new drywalls, one new ceramic shower, two brand new fridge, one new kitchen a brand new ROOF on the store building with plywood and rubber roofing and more. The main building has a new two years old rubber roof. Sit back and just collect rent! There is also a huge basement with endless possibilities. Make your appointment today to get more information on this great opportunity.

Great Opportunity for an investor and an owner to occupy this 11,629 square feet with a finished basement of 3471 square feet located on 6423-25 Rising Sun Ave. The bank has both entrances from Rising Sun Ave and a parking lot with a large open corridor, lobby, waiting area, personal banker cubicles, reception, meeting room, teller vault, safe deposit vault, men + ladies bathroom, 2-private executive office with bath, lunch room, 2 large conference room with plenty of storage rooms. The adult care center has both entrances large lobby, 4 private offices, a large conference room in the back with a kitchenette, a work room, and 4 bathrooms. The finished basement has 5 large office rooms, 2 baths, a kitchenette, utility rooms, and plenty of storage spaces. There are sprinkler systems in the building, the new roof was installed in April 2024 and the adult care was renovated a few years ago. There are 6 rooftop HVAC Units and 3 were installed after 2017. There are large signages in the front and the back street. Currently, both tenants Bank of America's 7,398 sf and the Adult Care center's 4231 square feet are occupying. This sale included 2 additional lots currently 75 parking spaces 6410-20 Parlmetto Street #885681300 and 6422 Palmetto Street # 885682140. The parking lots are shared between both tenants now and the bank does have a drive-thru in the back. Both front entrances are on Rising Sun Ave and the parking entrance and exit are on Levick Street and Palmetto Street. Conveniently located on this busy Rising Sun Ave in the most desirable Northeast Philadelphia, Minutes to Montgomery County, Center City. Also, the building is for lease at $22.00 per square foot. The buyer and agent must check the size and zoning. All showing must send POF before showing.

The garage is as big as a hanger and stretches back a whole city block. Owner is ready to sell. The roof needs repair, however the space is great for new development of storage space, apartment building, etc

Great opportunity for an auto repair shop in prime busy Lawndale section !This was and currently a long time established auto repair shop for over 40 years . . 2 parcels included - 6501 Rising Sun ave and rear fenced lot 505 Hellerman st . New fence , new security gate to safely store cars . 5 total bays , 4 car lifts . All windows have been secured . Lots of attic storage ( 2 story). Both lots are combined 13,000 sq feet and both buildings are approximately 3300 sq ft combined . Both parcels zoned CMX2. Listing agent to accompany all showings . Serious inquiries only please .

The wholesale commercial building is for sale, and the owner is willing to sell the wholesale business (not included in the asking price). It has 15 parking spaces behind the building. Possible Seller lease back (negotiable). The seller is ready to retire soon. Please call the listing agent for an appointment. DO NOT APPROACH ANY EMPLOYEE(S).