Listed by Rethinc Real Estate Inc.
$899,000
2969-73 Salmon St.
Details
Property Type Industrial
Sub Type Warehouse
Square Footage 8,200
Units 7
Cap Rate 7.12%
NOI $64,000
Occupancy 100%
Tenancy Multi
Lease Type Gross
Price per SqFt $110
Broker Co-Op Yes
Year Renovated 2007
Lot Size (SqFt) 6,760
Investment Type Owner/User
Ceiling Height 19ft
Industrial | 7.12% CAP | 8,200 SqFt
Marketing description
Expansive Port Richmond warehouse currently configured as 6ea small format artist studios and 1ea large workshop with an apt above. Great for owner user or investor. Ideal for contractor storage/office or keep as is and collect rent. Great value add potential. Currently fully leased with short term leases in place. Building is in great condition. 19ft clear span height with 14ft drive in garage door. Great location just off I95. Buyer responsible for verifying zoning and permitted uses.
Investment highlights
~ $85,000 annual gross income
Short term leases, fully occupied
No Cap-Ex needed
Perfect for owner user or investor
Listing Contacts
Listed by Rethinc Real Estate Inc.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$64,000.00
$5,333.33/mo
Valuation Metrics
0
DSCR
7.12%
Cap Rate
7.12%
ROI
Map
Zoning
RSA5 ResidentialSingle FamilyResidential Single Family Attached
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View all 75 uses
View all 75 uses Last updated Apr 21, 2026 For deeper zoning details, reports are available at Zoneomics
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