3479 BOWMAN, Philadelphia, PA 19129
3479 BOWMAN, Philadelphia, PA 19129
3479 BOWMAN, Philadelphia, PA 19129
3479 BOWMAN, Philadelphia, PA 19129
3479 BOWMAN, Philadelphia, PA 19129
3479 BOWMAN, Philadelphia, PA 19129
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David Burris

David Burris

+1(609) 304-4202
Listed by Brady Carroll • VRA Realty
$ 899,000
Est. payment | /mo

1,855 Sqft Lot

Save
$ 899,000
Est. payment | /mo
Save

1,855 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision East Falls

MLS Listing ID PAPH2587538

Year Built 1939

Annual Tax Amount $4,009

Tax Year 2025

Lot Size 1,855 Sqft

Acres 0.04

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Three-story Mixed-Use Investment Property located on a prominent corner lot in the East Falls neighborhood of Philadelphia, PA. Ideally located in an up-and-coming and vibrant section of the city right near Thomas Jefferson University. The property is surrounded by long established landmarks, new retailers and trendy restaurants, and with an attractive mix of students, families and long time residents.

This 3,769 SF building is zoned as CMX-1, which supports both the neighborhood-serving retail businesses and apartments above. The ground floor is 1,575 SF of storefront retail space that is currently a beautiful 575 SF salon, and the remaining 1,000 SF was previously a cafe and could be leased to many different types of businesses that would compliment the surrounding area. The kitchen hood and systems are still in place for a new food & beverage tenant to take advantage of.

The second and third floor are two (2) three-bedroom / 1-bath apartments that have been updated nicely and feature private balconies and central air. Most major capital expenditures have been recently upgraded including the mechanicals and utilities. There is great value-add potential through leasing up the vacant retail space and increasing the apartment rents to marker rate. This property is an excellent long term investment with many options to create value

Location

State PA

County Philadelphia

Area 19129 (19129)

Zoning CMX-1

Interior

Hot Water Electric

Heating Central, Forced Air

Cooling Central A/C

Flooring Hardwood

Heat Source Electric

Exterior

Water Access N

Roof Type Rubber

Accessibility 2+ Access Exits, Entry Slope <1', Ramp - Main Level

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871602655

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)

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David Burris
David Burris

Agent | License ID: 1973254

+1(609) 304-4202

513 S Lenola Rd, Moorestown, NJ, 08057, United States

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3479 BOWMAN

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