• 2501 S Hobson Street PHILADELPHIA, PA 19142

  • $374,900
  • 0
    Bed(s)
  • 0
    Baths
  • 2,146
    Sq Ft
  • 1163
    Sqft

RARE OPPORTUNITY to own this very unique & LARGE Mixed-Use CORNER Store Front with 1 very spacious Apartment Unit upstairs with a balcony in the heart of Southwest Philadelphia! This property is located DIRECTLY across the street from the LARGE & BRAND NEW Amazon Distribution Center!!! This Deli has been operated by the Owner for over 41 years! Sellers are also willing to transfer their “Eating Place (E) Liquor License” to the New Owner (if Buyer wants it). Take advantage of this rare opportunity before it's gone! This Commercial Mixed-Use Property features a TOTAL of 2 bedrooms, 1 Full Bathroom & 3 Half Bathrooms! Commercial Store Front has a Half Bathroom at the rear of the store, & 2 more half bathrooms in the basement. Sellers are including ALL commercial equipment, refrigerators, freezers, shelves, tables, chairs, etc, but are EXCLUDING the store’s inventories (such as beers/liquors, deli meats, beverages, snacks, etc.). Entire store on 1st floor has very high ceilings & the property is very well-maintained throughout the years. There is a storage room at the rear of the property and a very large unfinished basement that holds all of the inventory, as well as the utility appliances (Hot Water Heater & Heating System). There are 2 Cellar doors at the side of the property that can easily transfer things into the basement for storage. You can enter the upstairs Apartment Unit on a separate side entrance of the building on Elmwood Avenue. 2nd Floor Apartment is very spacious & consists of 2 good-sized Bedrooms, 1 Full Bathroom, Living Room, Dining Room & a Kitchen! It has nice NEW laminate floors T/O the 2 Bedrooms, Dining Room & Kitchen & new carpets in the Living Room, Hallway & Stairs! ALL Laminate Floors & Carpets have been newly installed in February 2023! Full Hallway Bathroom consists of a single vanity, toilet & tub! Kitchen has a gas stove/range and also a washer hook-up. Upon exiting the Kitchen, you’ll enter a good-size Balcony overlooking Elmwood Ave. & the Amazon Warehouse! Sellers had replaced ALL BRAND NEW Windows for the upstairs apartment in Feb. 2023! Plenty of natural lights shining T/O entire Apartment to help you save on energy bills! You can gain access to the Unfinished Basement from inside the store, OR from either of the 2 metal sidewalk cellar doors at the side of the Store on Elmwood Ave. Start off your new home, business or investment with this very low maintenance property! Buyer is responsible to reach out to the City for any zoning questions or use variance. Seller is discontinuing their Business Name after Settlement. Any potential Buyers who would like to continue to run this same type of business may do so at their own expense with a NEW Business Name of their choice. Sellers are willing to provide 2 weeks of training for how to run the business if potential Buyer chooses to do so. IF renting out the Commercial space, Commercial rents can be projected to bring in over $2,000-$2,500/mo. in the area and the Apartment Unit can be projected to bring in $1,200-1,400/mo. for rent! Owner pays water ( $45/mo.), electric ( $400/mo.), gas ( $40/mo.), Trash ( $500/yr. for Commercial), & Business Telephone ( $135/mo.). Owner owns the Fire Alarm system. Live in 1 Unit & Rent out the other to help cover your mortgage & potentially earning some cash flows OR continue to run the same business & live right upstairs OR open up your own business! So your investment possibilities are endless w/ this very large CORNER Mixed-Use Property! Property is being sold strictly in AS-IS, WHERE-IS condition! Buyer is responsible for any & all repairs (if needed). Septa bus / trolley stops & public transportation are easily accessible in the area! Close to supermarkets, stores, gyms, restaurants, parks, & minutes from Penrose Plaza Shopping Center! Easy access to all major highways! Minutes away from Philly Airport, Auto Mall, Universities, Center City, & many more! Get an offer in quickly before it's gone!!

Property Type :

Multi-Family

Subdivision :

Elmwood Park

County :

PHILADELPHIA

Style :

Multi-Family

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Property Details

 

Water/Sewer

Water Source : Public

Room Information

Patio/Porch Features: Balcony

Interior Features

Breakfast Area,Built-Ins,Carpet,Dining Area,Floor Plan - Traditional,Store/Office,Tub Shower,Other

Roof : Flat,Rubber

Exterior Property Features : Sidewalks,Street Lights

Basement Description: Drain,Full,Interior Access,Outside Entrance,Poured Concrete,Side Entrance,Unfinished,Walkout Stairs

Property Appliances: Built-In Range,Freezer,Oven/Range - Gas,Washer/Dryer Hookups Only,Water Heater

Roofing Information

Flat,Rubber

Heating & Cooling

Cooling: Wall Unit

Heating: Radiator

Cooling Fuel: Electric

Heating Fuel: Natural Gas

Building Information

Exterior Features: Sidewalks,Street Lights

Year Built: 1935

Structure: End of Row/Townhouse

Major Appliances: Built-In Range,Freezer,Oven/Range - Gas,Washer/Dryer Hookups Only,Water Heater

New Construction: No

Total Units: 2

Built: 1935

Construction Material: Masonry

Security System: Carbon Monoxide Detector(s),Fire Detection System,Security System,Smoke Detector,Window Grills

Roof: Flat,Rubber

Foundation/Basement: Brick/Mortar,Concrete Perimeter

Architecture: Dwelling w/Separate Living Area,Other

Pool/Private: No Pool

Roof Type: Flat,Rubber

Exterior Features

Utilities: Electric Available,Natural Gas Available,Phone,Phone Available,Phone Connected,Sewer Available,Water Available

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Natural Gas

Lot Information

Lot Size: 1,163

Dimensions: 17.00 x 71.00

Lot Size (Acres): 0.03

Architectural Style: Dwelling w/Separate Living Area,Other

Stories Total: 2

Main Square Feet: 1,163

Property Information

SQ ft: 2,146

SQ ft (Living Area): 2,146

Total Lot SQ ft: 1,163

View: Street

Subdivision: ELMWOOD PARK

Financing: Cash,Conventional

Appx. Lot Dimensions: 17.00 x 71.00

Total Acreage: 0.03

New Construction: No

Type: Dwelling w/Separate Living Area,Other

Listing Information

Possession: Immediate

Days Of Market: 139

Tax Information

Annual Tax: $1,681

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

Immediate

Assessment Information

Taxes Assessment Amount: $120,100

Parking Information

Parking Type: On Street

Has Garage: N

Multi-Unit Information

Acceptable Financing: Cash,Conventional

Roof: Flat,Rubber

Homeowners Association Information

Direction: Between S. 67th Street, S. 68th Street, & Elmwood Avenue

School Information

Elementary School: PATTERSON JOHN

Middle OR Junior School: TILDEN WM

High School: BARTRAM JOHN

School District: THE SCHOOL DISTRICT OF PHILADELPHIA

Utility Information

Electric Available,Natural Gas Available,Phone,Phone Available,Phone Connected,Sewer Available,Water Available

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: Electric

Heating Fuel: Natural Gas

Hot Water: Natural Gas

Location Information

Location Type: Corner Lot/Unit

Direction: Between S. 67th Street, S. 68th Street, & Elmwood Avenue

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6706 Woodland Avenue , Philadelphia, PA,19142 $199,000 -- -- -- 1132 Sqft
6308 Chester Avenue , Philadelphia, PA,19142 $79,999 -- -- -- 1168 Sqft
2034 S 61st Street , Philadelphia, PA,19142 $95,000 -- -- 1,231 1231 Sqft
7129 Grays Avenue , Philadelphia, PA,19142 $260,000 1 1.0 910 5267 Sqft
7036 Greenway Avenue , Philadelphia, PA,19142 $50,000 -- -- 2,007 2007 Sqft
7038 Greenway Avenue , Philadelphia, PA,19142 $50,000 -- -- 2,007 2007 Sqft
6901 Greenway Avenue , Philadelphia, PA,19142 $25,000 -- -- 396 396 Acres
6151 Reedland Street , Philadelphia, PA,19142 $124,999 3 1.0 1,092 937 Sqft
6148 Reedland Street , Philadelphia, PA,19142 $109,900 3 1.0 -- 992 Sqft
6600 Woodland Avenue , Philadelphia, PA,19142 $570,000 -- -- 3,140 1808 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 05/08/2024 @ 22:57

MLS: PAPH2274284
LISTED BY: Phong D Lam , Century 21 Advantage Gold-South Philadelphia
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 3.5%
Buyer Agency Description: Get it quickly before it's gone! RARE 3.5% BUYER'S AGENT COMMISSION, PLUS $1,000 BONUS to Buyer's Agent who brings a FULL/Overasking price offer to the table on or before 09/12/2023 ! Note: Easy to Show! Please submit showing requests on BRIGHT MLS.

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