Retail•Street Retail•For Sale

West Philadelphia Mixed use Complex

1030 North 48th St, Philadelphia, Pennsylvania 19131

Sale Price $2,700,000
Zoning CR
Year Built 1875
Cap Rate 5.33%
Gross Bldg 19,715 SqFt
Net Op Inc $143,920
Our Mother of Sorrows is a Catholic Parish complex consisting of four buildings. 1) School 2) Convent 3) Rectory 4) Church While not designated on the historic registry, this property is an integral part of the history of Philadelphia. This asset is currently income producing, with a tenant occupying the convent building that intends to continue occupying the space and extend the lease term. Locate
  • Close to public transportation
  • Steps away from 48th & Girard
  • Four points intersection
  • 1.8 Miles to on ramp for I-76 (E&W)
  • May qualify for KOZ
5/10/2019 11:50:52 AM 8/9/2019 6:30:21 PM
Andre Watson
Managing Director
KW Commercial | Philadelphia

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