$ 1,700,000
715-17 E PASSYUNK AVE Philadelphia, PA 19147
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$ 1,700,000
Est. payment /mo
Price Dropped by $195K
715-17 E PASSYUNK AVE Philadelphia, PA 19147
4,530 SqFt
UPDATED:
10/31/2024 01:00 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,530 sqft
Price per Sqft $375
MLS Listing ID PAPH2398172
Originating Board BRIGHT
Year Built 1960
Annual Tax Amount $3,237
Tax Year 2024
Lot Size 1,117 Sqft
Acres 0.03
Lot Dimensions 33.00 x 74.00
Property Description
The Petit Coin was completed and fully stabilized in fall 2021. This stunning development features 2 luxury residential units both offering 2 bedrooms, as well as two expansive street-level commercial spaces boasting a little over 1,450 square feet. The commercial corridor at the Petit Coin is home to Chase Bank, and Ham & Bone, a specialty pet retail and grooming boutique. The wedge-shaped design and unique facade add architectural variety and interest to one of the most historic and affluent subdivisions of Philadelphia. Petit Coin translates to "little corner", which is what the building accentuates. This triangle development is located at one of the most prominent intersections in Queen Village, on the corner of 5th and Passyunk. Queen Village is one of the oldest residential neighborhoods of Philadelphia, and its modern-day presence is full of eclectic restaurants and small businesses that make the neighborhood thrive. The project features premium finishes and sophisticated design elements that make the development one of a kind. The Petit Coin provides investors with a rare opportunity to purchase a stabilized development that offers significant rental upside with no capital improvements required.
Location
State PA
County Philadelphia
Area 19147 (19147)
Zoning CMX2
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 023133500
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Listed by Joseph M. Loonstyn Jr. • Keller Williams Main Line