5734 38 Old Second Street • Philadelphia, PA 19120

$2,800,000 Beds: 0 • Baths:Sq. Feet: 0 • MLS ID: PAPH2516996 • Subdivision:School Dist: THE SCHOOL DISTRICT OF PHILADELPHIA
This shopping center boasts five laundromat and restaurant tenants with high visibility along Old 2nd Street and W Grange Ave. The total building area is 18,000 sqft with 5 units and parking lot for 120 cars. Strip center : Unit 1: restaurant , 6000 sf. Unit 2: ,2500 sf, Central air & heat . Unit 3: It was a pizza restaurant. Unit 4: meat business , 3800 sf Unit 5 : Coin Laundromat , 4500 Sf , 92 machines , lottery , 2 year old heating & cooling system, lots of potential, opened 2019. In 2019, significant upgrades were made to the property, including all wall renovated ($60,000), the sidewalk fixed and replaced ($50,000.00), 5 poles($40,000.00) installed, other renovation on 2019($15,000) , a new roof( $55,000.00) , 2 meters in the property , 1 for at restaurant , another one for laundromat . The yearly GROSS RENT: $307,800. Expenses are : $13,000.00 for annual real estate tax, $5,000.00 for real estate insurance View this listing at: http://mikenelsonrealtor.com/mls=PAPH2516996

Property Features

  • Taxes: $33,269
  • Exterior: Stucco
  • Lot Size: 1.02 Acres
  • Lot Dimensions: 1.02 Acre(S)
  • Heating: Central
  • Fuel Type: Electric
  • Cooling: Central A/C
  • Year Built: 1940
  • Water: Public
  • Sewer: Public Septic
  • Units: 5
  • Municipality: PHILADELPHIA
  • Accessibility: 2+ Access Exits
  • Total Garage/Parking Spaces: 130
  • Utilities: Electric Available,Natural Gas Available

School Information

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Printed March 04, 2026


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