358 SNYDER AVE Under Contract Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19148
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Under Contract
Purchase Type For Sale
Square Footage 2,604 sqft
Price per Sqft $220
Subdivision Pennsport
MLS Listing ID PAPH2325696
Year Built 1905
Annual Tax Amount $4,318
Tax Year 2024
Lot Size 1,158 Sqft
Property Description
Sat along the border of Philly's booming Pennsport and Whitman neighborhoods, 358 Snyder Ave is a fully occupied, mixed-use property offering a fantastic investment opportunity in a prime location. Zoned RSA5 with use variance for a bar/restaurant, the building has a street-level commercial space and two 3-bed, 1-bath apartments on the upper floors. The commercial space is leased by a sushi restaurant for $2,650/month through 2030. It features a front prep area and cash wrap, a rear dining area, storage, and a restroom on the main level, along with a fully functioning professional kitchen and refrigerator walk-ins on the lower level. The space is also fitted with a high-efficiency commercial heating and an a/c system. The two apartments are currently leased as a bundle for a total of $1,500 on a month-to-month basis. Each has 3 bedrooms, 1 bathroom, a full kitchen, and separately metered all-electric appliances. The units could rent for $1,300/month individually in their current condition or capture a higher price with renovations. 358 Snyder Ave's central location is surrounded by business corridors and new construction, earning a Walk Score of 93! Snyder Ave is a neighborhood hub home to many local businesses while intersecting E Moyamensing Ave is lined with popular restaurants and shops. Sprawling parks that host community events and farmer's markets are nearby, plus Target, ACME, Lowe's, and IKEA are less than a 5-minute drive. There's also easy access to public transit, the sports complex, Columbus Blvd, I-95, I-76, and South Jersey. Schedule your showing today!
Location
State PA
County Philadelphia
Area 19148 (19148)
Zoning RSA5
Interior
Hot Water Natural Gas
Heating Baseboard - Electric,Forced Air
Cooling Central A/C
Exterior
Water Access N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Special Listing Condition Standard