1626 Ridge Package

1626 Ridge Avenue, Philadelphia, PA 19130

1626 RIDGE

COMMERCIAL MIXED USE FOR SALE

mc772.yourkwoffice.com/

KW COMMERCIAL

1619 Walnut Street

Philadelphia, PA 19103

DEVAN ROBERTSAssociate [email protected]

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

PROPERTY OVERVIEWExcellent investment opportunity in Francisville. Located on RidgeAvenue, where investment and new construction projects are inabundance, this project will surely provide an excellent return oninvestment for any experienced developer.

This property is zoned CMX-2.5 which gives the owner theopportunity to develop vertically to 55 feet by right. Add this projectto your portfolio or purchase to hold in an area where property valueshave skyrocketed over the course over the last 3 years.

PROPERTY HIGHLIGHTS

CMX 2.5- Ability to Develop Vertically

Rapidly Developing Area

Close Proximity to Center City

Rapidly Increasing Property Values

Commercial Corridor

SALE PRICE: $375,000

PRICE PER UNIT: -

LOT SIZE: 2,087 SF

BUILDING SIZE: 3,200 SF

ZONING: CMX 2.5

MARKET: Francisville

CROSS STREETS: Ridge Avenue And Francis Street

http://mc772.yourkwoffice.com/


KW COMMERCIAL

1619 Walnut Street





1626 RIDGE




1626 RIDGE



KW COMMERCIAL

1619 Walnut Street






KW COMMERCIAL

1619 Walnut Street





1626 RIDGE




KW COMMERCIAL

1619 Walnut Street




* Demographic data derived from 2010 US Census


1626 RIDGE


ETHNICITY 0.5 MILES 1 MILE 1.5 MILES

% HISPANIC 8.4% 5.3% 5.3%

RACE 0.5 MILES 1 MILE 1.5 MILES

% WHITE 37.0% 39.8% 39.8%

% BLACK 55.0% 50.2% 49.0%

% ASIAN 3.8% 6.3% 7.1%

% HAWAIIAN 0.0% 0.0% 0.0%

% INDIAN 0.2% 0.3% 0.3%

% OTHER 3.1% 2.1% 2.1%

POPULATION 0.5 MILES 1 MILE 1.5 MILES

TOTAL POPULATION 14,638 53,763 119,564

MEDIAN AGE 31.8 32.2 32.2

MEDIAN AGE (MALE) 31.1 31.6 31.3

MEDIAN AGE (FEMALE) 32.5 32.5 33.0

HOUSEHOLDS & INCOME 0.5 MILES 1 MILE 1.5 MILES

TOTAL HOUSEHOLDS 6,479 23,594 53,651

# OF PERSONS PER HH 2.3 2.3 2.2

AVERAGE HH INCOME $54,570 $57,395 $56,373

AVERAGE HOUSE VALUE $252,737 $324,508 $248,367


PROPERTY OVERVIEWExcellent investment opportunity in Francisville. Located onRidge Avenue, where investment and new constructionprojects are in abundance, this project will surely provide anexcellent return on investment for any experienceddeveloper.

This property is zoned CMX-2.5 which gives the owner theopportunity to develop vertically to 55 feet by right. Add thisproject to your portfolio or purchase to hold in an area whereproperty values have skyrocketed over the course over thelast 3 years.

The possibility exists for packaging 1626 Ridge with1622-1624 for investors that are seeking additionalcontiguous space for development.

LOCATION OVERVIEWThe 1600 block of Ridge Avenue is a commercial corridor inFrancisville, a transitioning working class North Philadelphianeighborhood that is benefiting from a recent surge indevelopment that has brought about dramatic revitalizationand has lead to its transformation into one of the mostsought after areas for new construction developmentprojects in Philadelphia.


1626 RIDGE



KW COMMERCIAL

1619 Walnut Street





1626 Ridge Package

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