4954 Old York Road, Philadelphia, PA 19141

Property Description

Opportunity is knocking down your door! This +/-4,000SF corner property is currently Zoned CMX2. The first floor is very spacious, offering +/-2,000SF of open space that is currently being used as an art gallery, Rush Arts Philadelphia) to feature some of the most prominent up and coming artists. The first floor has been newly renovated with LVP flooring, directional lighting, large windows with pull-down gates, 2 new baths and a finished office space. The first floor footprint can easily accommodate an event space to host gatherings, parties, repasts, etc. Or perhaps use the space for a restaurant, with decent exposure being right on the corner and add a kitchen in the rear. The basement is also very large and can be used for storage, as the bilco doors lead directly to Ruscomb Street. The second floor features 2 large apartments - (1) one bedroom apartment with a den/office, and 2 bedroom apartment with high ceilings, hardwood floors, and a ton of natural light. This investment property is certainly one to add to your portfolio. The downstairs is currently being rented for $3,000.00/month NNN (Lease expires Jan. 31 2027), while the apartments can fetch anywhere between $1,200.00 & $1,8000.00/month. With your vision, this can be a fantastic opportunity! Make us an offer!

Property Features

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