Price Reduction
Address
358 Snyder Avenue, Philadelphia, PA
Price
$ 613,000
Property Attributes
- MLS#PAPH2325696
- TypeCommercial
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19148
- NeighborhoodPennsport
- Zip19148
- StyleApartment Building,/General Retail,Restaurant/Bar
- Year Built1905
- Taxes$ 4318
- Price$ 613,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2604
- Lot Size1,307 SqFt
Data Source:
Bright MLS
Property Description
Sat along the border of Philly's booming Pennsport and Whitman neighborhoods, 358 Snyder Ave is a fully occupied, mixed-use property offering a fantastic investment opportunity in a prime location. Zoned RSA5 with use variance for a bar/restaurant, the building has a street-level commercial space and two 3-bed, 1-bath apartments on the upper floors. The commercial space is leased by a sushi restaurant for $2,650/month through 2030. It features a front prep area and cash wrap, a rear dining area, storage, and a restroom on the main level, along with a fully functioning professional kitchen and refrigerator walk-ins on the lower level. The space is also fitted with a high-efficiency commercial heating and an a/c system. The two apartments are currently leased as a bundle for a total of $1,500 on a month-to-month basis. Each has 3 bedrooms, 1 bathroom, a full kitchen, and separately metered all-electric appliances. The units could rent for $1,300/month individually in their current condition or capture a higher price with renovations. 358 Snyder Ave's central location is surrounded by business corridors and new construction, earning a Walk Score of 93! Snyder Ave is a neighborhood hub home to many local businesses while intersecting E Moyamensing Ave is lined with popular restaurants and shops. Sprawling parks that host community events and farmer's markets are nearby, plus Target, ACME, Lowe's, and IKEA are less than a 5-minute drive. There's also easy access to public transit, the sports complex, Columbus Blvd, I-95, I-76, and South Jersey. Schedule your showing today!
| Price History | |
|---|---|
| 2/26/2024 | Listed $680,000 |
| 3/8/2024 | 3% - $660,000 |
| 4/8/2024 | 5% - $628,000 |
| 4/29/2024 | 3% - $613,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Baseboard - Electric,Forced Air |
| Cooling | Central A/C |
| Possession | Settlement |
| Zoning | RSA5 |
| Construction Materials | Masonry |
| Year Built | 1905 |
| Property SubType | Mixed Use |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Apartment Building,Other/General Retail,Restaurant/Bar |
| Accessibility | None |
| County | PHILADELPHIA |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | PENNSPORT |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | Right off of 4th and Snyder. |
| ModificationTimestamp | 2024-04-29T16:06:07 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 2.5 |
| Total Units | 3 |
| MLS Area | 19148 (19148) |
| Lot Size Square Feet | 1158.00 |
| Tax Assessed Value | 308500.0 |
| Waterfront Y/N | No |
| Street Name | SNYDER |
| Tax Annual Amount | 4318.0 |
| Price Per Sq Ft | 235.41 |
| Vacation Rental Y/N | No |
| Days on Market | 65 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Hot Water | Natural Gas |
| Heating Y/N | Yes |
| Street Suffix | AVENUE |
| Central Air Y/N | Yes |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | None |
| Land Use Code | S50 |
| Water View Y/N | No |
| Building Area Total | 2604.00 |
| Lot Dimensions | 16.00 x 72.00 |
| Lot Size Acres | 0.03 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 61700.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 19148
Price
Taxes
Visits
Year Built
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