Philadelphia, PA 19131,5529-31 LANSDOWNE AVE
Philadelphia, PA 19131,5529-31 LANSDOWNE AVE
Philadelphia, PA 19131,5529-31 LANSDOWNE AVE
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$499,900
Est. payment /mo
2,433 SqFt
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UPDATED:

08/25/2024 03:12 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,433 sqft

Price per Sqft $205

Subdivision Carroll Park

MLS Listing ID PAPH2312610

Originating Board BRIGHT

Year Built 2008

Annual Tax Amount $1,909

Tax Year 2024

Lot Size 3,109 Sqft

Acres 0.07

Lot Dimensions 32.00 x 98.00

Property Description

RARE OPPORTUNITY to own this very unique & LARGE Mixed-Use CORNER Property with 1 spacious Apartment Unit at the rear of the property in the heart of Carroll Park (West Philadelphia)! This property has been newly built in 2008 & fully renovated in 2010! 5529-31 Lansdowne Avenue ($499,900) (Tax ID# 882933280) MUST BE PURCHASED together with 5533-5535 Lansdowne Avenue large empty lots ($99,900) (Tax ID# 885020580).

The current use is a Laundromat Business (Owner operated). However, this is zoned as CMX-2 Mixed-Use, which is flexible for many types of businesses. The possibilities are endless with this spacious property on a heavy traffic area.

This spacious Laundromat is setup as a Coin Laundromat Business that consists of all stainless steel appliances (34 Dryers & 26 Washers). Take advantage of this rare opportunity before it's gone! Laundromat space has tile floors throughout with ceiling fans. Plenty of natural lights shining T/O entire Laundromat to help you save on energy bills! There is a small office area towards the back of the Laundromat. To the right of the small office is a half bathroom.

In addition, there’s an Apartment Unit at the rear of the building. This apartment unit is very spacious & consists of 1 good-size Bedroom, 1 Full Bathroom & Updated Kitchen! It has nice tile floors all throughout! Full Bathroom consists of tile floors & walls, sink, toilet, and stand-up shower with glass door! Kitchen has updated granite counter-top, plenty of wood cabinets, and kitchen appliances (Stove/Range & Range Hood). There are 2 utility rooms at the rear of the property.

Behind the apartment’s kitchen is a fenced in driveway that can fit up to 2 cars. The separate LARGE Empty Lot next door to this property can fit up to about 8-10 cars, which is also fenced up.

ALL Major appliances (Hot Water Heater, Commercial-Grade Hot Water Heater, Central Heater System) & Rubber Roof are installed between 2008-2010 when this building was being constructed. There are also video surveillance cameras from outside the property!

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.

IF renting out the Apartment Unit, 1 Bedroom Apartment rents can be projected to bring in around $1,050-$1,250/mo. in the area for rent!

Buyer is responsible to reach out to the City for any zoning questions or use variance.

Your investment possibilities are endless w/ this very large CORNER Commercial Property! You can live in the property and operate your business with a large store-front! Possible Redevelopment Opportunity for the lots next door! Property is being sold strictly in AS-IS, WHERE-IS condition! Buyer is responsible for any & all repairs (if needed) & due diligence on any use variance. Septa bus / trolley stops & public transportation are easily accessible in the area! Close to shopping centers/plazas, supermarkets, stores, gyms, restaurants, parks, & much more! Easy access to all major highways! Minutes away from Philadelphia's International Airport, Fairmount Park, Drexel Univ., Univ. of the Sciences, Univ. of Pennsylvania, Saint Joseph’s Univ., Center City, Philadelphia Zoo, Children’s Please Touch Museum, & many more! PRICED VERY COMPETITIVELY TO SELL!! Get an offer in quickly before it's gone!!!

Location

State PA

County Philadelphia

Area 19131 (19131)

Zoning CMX2

Interior

Hot Water 60+ Gallon Tank, Natural Gas

Heating Forced Air, Central

Cooling Ceiling Fan(s)

Flooring Tile/Brick

Inclusions ALL in AS-IS Condition: 34 Dryers, 26 Washers, Tables, Chairs, Laundry Carts, Coin Change Machine,

Equipment Negotiable

Heat Source Natural Gas

Exterior

Garage Spaces 12.0

Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available

Waterfront N

Water Access N

View Street

Accessibility No Stairs, Level Entry - Main

Total Parking Spaces 12

Garage N

Building

Lot Description Corner, Level, Rear Yard, SideYard(s), Additional Lot(s)

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Edward Heston

Middle Schools Edward Heston

High Schools Overbrook

School District The School District Of Philadelphia

Others

Tax ID 882933280

Ownership Fee Simple

SqFt Source Assessor

Security Features Carbon Monoxide Detector(s),Exterior Cameras,Smoke Detector,Window Grills

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard


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Bright MLS (BMLS)
Listed by Phong D Lam • Century 21 Advantage Gold-South Philadelphia
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(202) 427-9689

john@jasonmartingroup.com

1350 Florida Ave NE, DC, DC, 20002

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5529-31 LANSDOWNE AVE