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5411 Market St
Philadelphia, PA 19139

The Wash House · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,536 SF
Building Class
C
Year Built/Renovated
1925/2016
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.62
Lot Size
0.05 AC
Zoning
CMX2 - Mixed Use
Frontage
32 FT on Market Street

Amenities

  • Bus Line
  • Commuter Rail

About 5411 Market St , Philadelphia, PA 19139

This is a fantastic opportunity to own and operate one of the coolest looking laundry centers we have ever encountered, while leasing to an occupied barbershop, generating $900 per month, and renting occupied apartments upstairs generating $2600 per month.That s a total of $3500 per month without the potential income from the new laundromat. The style and finishes of this Market Street cash flowing gem. First the exterior details... There are 4 roll down security gates to protect the 8 foot plate glass commercial windows. The property is fitted with a 25 foot ramp, for accessibility. Inside, the laundry center includes 16 washers, and 16 dryers in pristine condition, a hard wired sound system, a 12 camera security system. The utility system includesac a 2 inch waterline and back flow preventer. Electric Systems are commercial grade 600 amp service with 6 electrical panels, and each upstairs unit has independent electric, heat and hot water. The property has an integrated hardwire fire system and control panel. The quality of workmanship looks good, and the aesthetic of the property is a design value attractive to tenants. This property has great cash flow potential.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
871051755
Land Assessment
$43,660
Improvements Assessment
$174,640
Total Assessment
$218,300
  • Listing ID: 15791122

  • Date on Market: 4/20/2019

  • Last Updated:

  • Address: 5411 Market St, Philadelphia, PA 19139

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