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31437409

2520-22 N Broad St, Philadelphia, PA 19132 For Sale

PC
PA PA & NJ
KW Commercial Cherry Hill
Listed by KW Commercial Cherry Hill
$1,399,999
109 days on market
Updated 11 days ago
Opportunity zone

Commercial Building, School, health care

Details
Property Type Hospitality, Mixed Use (+2)
Sub Type Day Care/Nursery
Square Footage 11,362
Net Rentable (SqFt) 11,362
Units 3
Lease Type NN+
Price per SqFt $123
Year Built 1915
Year Renovated 2000
Stories 2
Zoning CMX3
Investment Type Owner/User
Lease Commencement 04/01/2026
Ownership fee simple

Hospitality

Marketing description

Excellent opportunity to own a 11,362 sq ft mixed-use building in a highly active, high-visibility corridor on Broad Street, conveniently located along a subway line. This well-maintained property features three separate units with individual utilities, offering strong income potential and flexibility for investors or owner-users: First Floor – Two Units (4,500 sq ft each): Furniture Store: Currently leased at $4,500/month (NNN)

Beauty School: Owner-occupied with a projected rent of $4,500/month (NNN)

Second Floor (2,000 sq ft): Fully leased to a healthcare office

Includes 3 large offices, waiting area, and full bathroom

Income Highlights: Current Gross Rental Income: $132,000 annually

Additional potential income from Beauty School: $54,000 annually

Fully occupied projected income offers strong upside

Key Features: NNN leases reduce landlord expenses

Separate utilities for each unit Flexible use: ideal for office, medical, retail, educational, or warehouse space

Located in a busy, transit-accessible commercial area

Investment Potential: This property is ideal for investors seeking stable income with upside potential, or for owner-operators looking to occupy while generating rental income.

Showing Requirements: Proof of funds required prior to scheduling a showing.

Listing Contacts

PC
PA PA & NJ
KW Commercial Cherry Hill
Listed by KW Commercial Cherry Hill

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Additional Information

Name
Paul Cheng
License
PA & NJ
Brokerage
Keller Williams Ralty
Brokerage Phone
8563211212
Title
Associate Broker
Brokerage Address
409 New Jersey 70
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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