UPDATED:
Key Details
Property Type Commercial
Sub Type Land for Commercial Use
Listing Status Active
Purchase Type For Sale
Subdivision Frankford
MLS Listing ID PAPH2456166
Year Built 1966
Available Date 2025-03-15
Annual Tax Amount $1,581
Tax Year 2025
Lot Size 0.910 Acres
Acres 0.91
Lot Dimensions 58.00 X 166.00
Property Sub-Type Land for Commercial Use
Source BRIGHT
Property Description
This versatile commercial property package includes a fully fenced, all-concrete lot at 2013-17 Gillingham St and an attached garage at 2012 Pear St. Both the lot and the garage are leased by the car dealership across the street. They are on a one year triple net lease paying $1,300/month for the past 1.5 years. The lease ends on April 30th, 2026. The current tenant utilizes the lot for vehicle storage and car repairs.
The fenced lot spans 4,715 square feet, offering a secure, concrete-paved space ideal for vehicle storage, a contractor yard, or potential redevelopment. This lot can hold anywhere between 30-40 cars. The 760-square-foot garage at 2012 Pear St measures 20 by 40 feet and includes electric, water, and a bathroom, all operating on a single set of utilities for cost efficiency. The garage roof was replaced approximately four years ago and remains in excellent condition. This garage is included in the existing lease along with the lot.
Located in the Frankford neighborhood, this property presents a steady income stream with the potential for higher rental rates or owner-user opportunities. With flexible zoning and strong demand for vehicle storage and commercial space, this is a rare investment opportunity in a prime location. 📍 Don't miss out—schedule a showing today!
Location
State PA
County Philadelphia
Area 19124 (19124)
Zoning ICMX
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Heat Source Electric
Exterior
Garage Spaces 30.0
Utilities Available Water Available, Electric Available
Water Access N
View Street
Roof Type Flat
Accessibility None
Total Parking Spaces 30
Garage N
Building
Lot Description Corner
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 885993780, 885994760, 884925530 AND 884925530
Ownership Fee Simple
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Financing Cash,Other
Special Listing Condition Standard
Virtual Tour https://view.ricoh360.com/d399f542-d917-4532-a4f3-ba80df191e9a
Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and homebuyers in finding their perfect piece of paradise in New Jersey.
GET MORE INFORMATION
- Ocean County, NJ
- Middlesex County, NJ
- Essex County, NJ
- Sussex County, NJ
- Passaic County, NJ
- Bergen County, NJ
- Warren County, NJ
- Morris County, NJ
- Essex County, NJ
- Hunterdon County, NJ
- Somerset County, NJ
- Union County, NJ
- Middlesex County, NJ
- Mercer County, NJ
- Monmouth County, NJ
- Burlington County, NJ
- Camden County, NJ
- Gloucester County, NJ
- Salem County, NJ
- Cumberland County, NJ
- Atlantic County, NJ
- Philadelphia County, PA
- Bucks County, PA
- Montgomery County, PA
- Delaware County, PA
- Chester County, PA
- Berks County, PA
- Lehigh County, PA
- Northampton County, PA
- Monroe County, PA