Philadelphia, PA 19125

Sold 6/1/2016

The CORNER 1752 sq ft. ground floor commercial space of 2044 Frankford is available and ready for a tenant to build out. The 2300 square foot basement is also included with the first floor space for the commercial tenant's sole use. Contemporary in design, any business will benefit from the modern glass storefront with frontage on both Frankford Ave and Susquehanna Ave. With CMX2 zoning this space can accommodate a variety of uses including restaurant, retail, & office. The property will be delivered in white box but depending on the tenant's proposal, the owner/developer may consider assisting with the build-out. Tenant will be responsible for registering and obtaining approval for their specific property use. This is a triple net lease - tenant will be responsible for all utilities (gas, electric, water), a proportionate share of building taxes and insurance and all maintenance to their own equipment, improvements & unit. Note that there is a tax abatement pending for the building and taxes are still TBD. This property may qualify for Philadelphia's "InStore" forgivable loan program which provides loans from $15,000-$50,000 as well as the "Store Front improvement program" which can reimburse up to 50% of the cost of eligible improvements to a maximum of $10,000. Frankford Avenue is a high traffic commercial corridor in Fishtown which is currently booming with an influx of new residents, new businesses, and new construction. This is the perfect location to build a long lasting business in the center of both a residential neighborhood and booming commercial thoroughfare.

Property Details
  • Philadelphia
    school district
  • 6749783
School district: Philadelphia
Aluminum siding
Brick exterior
Lot acreage is: 0.08
Lot dimension is: 60X50
Subdivision: FISHTOWN
Lot zoned: CMX2
Public sewer
Public water
Property style: 1
Tax year: 2016
Courtesy of:
JG Real Estate, LLC

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2042 FRANKFORD Avenue #CU, Philadelphia, PA 19125 commercial was sold for $2,800.
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