• 6422 Palmetto Street PHILADELPHIA, PA 19111

  • $3,500,000
  • 10,397
    Sq Ft
  • 10397
    Sqft

Great Opportunity for an investor and an owner to occupy this 11,629 square feet with a finished basement of 3471 square feet located on 6423-25 Rising Sun Ave. The bank has both entrances from Rising Sun Ave and a parking lot with a large open corridor, lobby, waiting area, personal banker cubicles, reception, meeting room, teller vault, safe deposit vault, men + ladies bathroom, 2-private executive office with bath, lunch room, 2 large conference room with plenty of storage rooms. The adult care center has both entrances large lobby, 4 private offices, a large conference room in the back with a kitchenette, a work room, and 4 bathrooms. The finished basement has 5 large office rooms, 2 baths, a kitchenette, utility rooms, and plenty of storage spaces. There are sprinkler systems in the building, the new roof was installed in April 2024 and the adult care was renovated a few years ago. There are 6 rooftop HVAC Units and 3 were installed after 2017. There are large signages in the front and the back street. Currently, both tenants Bank of America's 7,398 sf and the Adult Care center's 4231 square feet are occupying. This sale included 2 additional lots currently 75 parking spaces 6410-20 Parlmetto Street #885681300 and 6422 Palmetto Street # 885682140. The parking lots are shared between both tenants now and the bank does have a drive-thru in the back. Both front entrances are on Rising Sun Ave and the parking entrance and exit are on Levick Street and Palmetto Street. Conveniently located on this busy Rising Sun Ave in the most desirable Northeast Philadelphia, Minutes to Montgomery County, Center City. Also, the building is for lease at $22.00 per square foot. The buyer and agent must check the size and zoning. All showing must send POF before showing.

Property Type :

Land

Subdivision :

Lawndale

County :

PHILADELPHIA

Style :

Land

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Property Details

 

Water/Sewer

Water Source : Public

Utility Features

Sewer: Public Sewer

Lot Information

Lot Size: 10,397

Dimensions: 74.00 x 141.00

Lot Size (Acres): 0.24

Main Square Feet: 10,397

Property Information

Total Lot SQ ft: 10,397

Subdivision: LAWNDALE

Financing: Cash,Contract,Conventional

Appx. Lot Dimensions: 74.00 x 141.00

Total Acreage: 0.24

Listing Information

Possession: Immediate

Days Of Market: 21

Lease Information

Lease Considered: Yes

Tax Information

Annual Tax: $1,499

Tax Year: 2022

Total Taxes Payment Frequency: Annually

Possession

Immediate

Assessment Information

Taxes Assessment Amount: $107,100

Multi-Unit Information

Acceptable Financing: Cash,Contract,Conventional

Homeowners Association Information

Direction: Levick Street to North on Palmetto Street

School Information

School District: PHILADELPHIA CITY

Utility Information

Water Source: Public

Sewer: Public Sewer

Location Information

Direction: Levick Street to North on Palmetto Street

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1409 Greeby , Philadelphia, PA,19111 $139,900 3 1.5 -- 1215 Sqft
1016 Cottman Avenue , Philadelphia, PA,19111 $1,680,000 -- -- -- 8750 Sqft
7352 Dungan Road , Philadelphia, PA,19111 $410,000 -- -- 1,320 2706 Sqft
7912 Loretto Avenue , Philadelphia, PA,19111 $184,900 -- -- 3,373 3373 Sqft
6724 Kerper Place , Philadelphia, PA,19111 $3,000,000 -- -- 131,116 131115.6 Sqft
8024 Pine Road , Philadelphia, PA,19111 $299,000 5 3 -- 3404 Sqft
7204 & 7204 A Lawndale .., Philadelphia, PA,19111 $59,000 -- -- 3,163 3163 Sqft
7212 Bingham Street , Philadelphia, PA,19111 $125,000 -- -- 5,550 5550 Sqft
721 Levick Street , Philadelphia, PA,19111 $50,000 -- -- 2,875 2875 Sqft
1211 Cottman Avenue , Philadelphia, PA,19111 $349,999 -- -- 1,934 4013 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 05/14/2024 @ 19:56

MLS: PAPH2342648
LISTED BY: Paul P Cheng , Keller Williams Realty
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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