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Listed by Peter Lien • EXP Realty, LLC
$149,000
Est. payment /mo
946 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID PAPH2574578
Year Built 1915
Annual Tax Amount $1,124
Tax Year 2025
Lot Size 946 Sqft
Acres 0.02
Lot Dimensions 32.00 x 19.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Prime Mixed-Use Investment Opportunity at 2400 W Norris St Unlock massive value in this CMX-1 zoned corner-style property located in a high-growth pocket of North Philadelphia near Temple University. This "blank canvas" requires a full renovation but offers a high-yield layout: a high-visibility ground floor currently previously set up as a takeout restaurant and a spacious 3-bedroom apartment above with a separate entrance. This CMX-1 zoning provides the versatility needed to maximize your ROI in a neighborhood seeing significant private and public redevelopment.
The location is a major driver for long-term appreciation, situated just blocks from the Temple University campus corridor and the Broad Street Line for easy Center City access. This high-density residential zone boasts a strong pool of potential tenants and a built-in customer base for the commercial storefront. Being near the North Central Choice Neighborhoods transformation area, this property is perfectly positioned for an investor to "buy and hold" or a business owner to "live and work." Property sold strictly in as-is condition, cash or hard money accepted. Buyers to do due diligence with varying commercial uses. All equipment and content to remain with sale.
The location is a major driver for long-term appreciation, situated just blocks from the Temple University campus corridor and the Broad Street Line for easy Center City access. This high-density residential zone boasts a strong pool of potential tenants and a built-in customer base for the commercial storefront. Being near the North Central Choice Neighborhoods transformation area, this property is perfectly positioned for an investor to "buy and hold" or a business owner to "live and work." Property sold strictly in as-is condition, cash or hard money accepted. Buyers to do due diligence with varying commercial uses. All equipment and content to remain with sale.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning CMX1
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871542280
Ownership Fee Simple
Special Listing Condition Standard
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