5529-31 LANSDOWNE AVE Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19131
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,433 sqft
Price per Sqft $205
Subdivision Carroll Park
MLS Listing ID PAPH2312610
Originating Board BRIGHT
Year Built 2008
Annual Tax Amount $1,909
Tax Year 2024
Lot Size 3,109 Sqft
Acres 0.07
Lot Dimensions 32.00 x 98.00
Property Description
RARE OPPORTUNITY to own this very unique & LARGE Mixed-Use CORNER Property with 1 spacious Apartment Unit at the rear of the property in the heart of Carroll Park (West Philadelphia)! This property has been newly built in 2008 & fully renovated in 2010! 5529-31 Lansdowne Avenue ($499,900) (Tax ID# 882933280) MUST BE PURCHASED together with 5533-5535 Lansdowne Avenue large empty lots ($99,900) (Tax ID# 885020580).
The current use is a Laundromat Business (Owner operated). However, this is zoned as CMX-2 Mixed-Use, which is flexible for many types of businesses. The possibilities are endless with this spacious property on a heavy traffic area.
This spacious Laundromat is setup as a Coin Laundromat Business that consists of all stainless steel appliances (34 Dryers & 26 Washers). Take advantage of this rare opportunity before it's gone! Laundromat space has tile floors throughout with ceiling fans. Plenty of natural lights shining T/O entire Laundromat to help you save on energy bills! There is a small office area towards the back of the Laundromat. To the right of the small office is a half bathroom.
In addition, there’s an Apartment Unit at the rear of the building. This apartment unit is very spacious & consists of 1 good-size Bedroom, 1 Full Bathroom & Updated Kitchen! It has nice tile floors all throughout! Full Bathroom consists of tile floors & walls, sink, toilet, and stand-up shower with glass door! Kitchen has updated granite counter-top, plenty of wood cabinets, and kitchen appliances (Stove/Range & Range Hood). There are 2 utility rooms at the rear of the property.
Behind the apartment’s kitchen is a fenced in driveway that can fit up to 2 cars. The separate LARGE Empty Lot next door to this property can fit up to about 8-10 cars, which is also fenced up.
ALL Major appliances (Hot Water Heater, Commercial-Grade Hot Water Heater, Central Heater System) & Rubber Roof are installed between 2008-2010 when this building was being constructed. There are also video surveillance cameras from outside the property!
Start off your new home, business or investment with this very low maintenance property! Buyer is responsible to reach out to the City for any zoning questions or use variance.
IF renting out the Apartment Unit, 1 Bedroom Apartment rents can be projected to bring in around $1,050-$1,250/mo. in the area for rent!
Buyer is responsible to reach out to the City for any zoning questions or use variance.
Your investment possibilities are endless w/ this very large CORNER Commercial Property! You can live in the property and operate your business with a large store-front! Possible Redevelopment Opportunity for the lots next door! Property is being sold strictly in AS-IS, WHERE-IS condition! Buyer is responsible for any & all repairs (if needed) & due diligence on any use variance. Septa bus / trolley stops & public transportation are easily accessible in the area! Close to shopping centers/plazas, supermarkets, stores, gyms, restaurants, parks, & much more! Easy access to all major highways! Minutes away from Philadelphia's International Airport, Fairmount Park, Drexel Univ., Univ. of the Sciences, Univ. of Pennsylvania, Saint Joseph’s Univ., Center City, Philadelphia Zoo, Children’s Please Touch Museum, & many more! PRICED VERY COMPETITIVELY TO SELL!! Get an offer in quickly before it's gone!!!
Location
State PA
County Philadelphia
Area 19131 (19131)
Zoning CMX2
Interior
Hot Water 60+ Gallon Tank,Natural Gas
Heating Forced Air,Central
Cooling Ceiling Fan(s)
Flooring Tile/Brick
Inclusions ALL in AS-IS Condition: 34 Dryers, 26 Washers, Tables, Chairs, Laundry Carts, Coin Change Machine,
Equipment Negotiable
Heat Source Natural Gas
Exterior
Garage Spaces 12.0
Utilities Available Electric Available,Natural Gas Available,Sewer Available,Water Available
Water Access N
View Street
Accessibility No Stairs,Level Entry - Main
Total Parking Spaces 12
Garage N
Building
Lot Description Corner,Level,Rear Yard,SideYard(s),Additional Lot(s)
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Edward Heston
Middle Schools Edward Heston
High Schools Overbrook
School District The School District Of Philadelphia
Others
Tax ID 882933280
Ownership Fee Simple
SqFt Source Assessor
Security Features Carbon Monoxide Detector(s),Exterior Cameras,Smoke Detector,Window Grills
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard