www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
10229272
10229273

2038 Grant Ave, Philadelphia, PA 19115 For Sale

DG
MA9503235-RE-B
The Greene Realty Group
Listed by The Greene Realty Group
$725,000
1620 days on market
Updated 57 days ago

2038 Grant Ave Philadelphia, PA 19115

Details
Property Type Land, Mixed Use (+2)
Sub Type Commercial, Medical Office (+1)
Square Footage 1,800
Net Rentable (SqFt) 24,000
Beds 3
Cap Rate 3.31%
NOI $24,000
Tenancy Vacant
Price per SqFt $403
Broker Co-Op No
Class A
Year Built 1949
Year Renovated 2006
Buildings 2
Stories 2
Lot Size (SqFt) 4,350
Zoning RSA-3
Parking Spaces 11 spaces
Parking per 1,000 SqFt 6.11
Investment Type Owner/User
Ground Lease No
Ceiling Height 8
Sale Condition For sale by owner

RSA-3 Commercial 15K street traffic a day

Marketing description

Commercial & Residential Opportunity | 2038 Grant Ave, Philadelphia

Positioned in the heart of the **Bustleton Business District**, this versatile RSA-3 zoned property offers a rare "best of both worlds" opportunity. Whether you are looking for a high-visibility flagship for your business or a stately single-family home with massive expansion potential, this property delivers unmatched value in one of Philadelphia’s safest and most desirable zip codes.

---

Property Highlights & Value

▪ Strategic Location: High-visibility corridor with approximately 25,000 cars passing daily.

▪ Incredible Savings: Priced $250K–$500K below comparable commercial properties on nearby Castor or Bustleton Avenues, in a much better neighborhood.

▪ Residential Financing: Unlike traditional commercial spaces, this property is eligible for "residential mortgage rates", offering significantly lower monthly overhead than a commercial lease.

▪ Recent Sale Comp: The neighboring property at 2044 Grant Ave recently sold for **$699,000 (2025), highlighting the immediate equity and investment potential here.

---

Interior & Architectural Excellence

This isn't your average office or home; it is a masterclass in craftsmanship, featuring a 1865 sq ft layout (including a finished basement) with high-end finishes:

▪ Premium Materials: Real wood floors and ceilings throughout (no carpet), marble kitchen flooring, soapstone backsplashes, and slate countertops.

▪ Colonial Craftsmanship: Elegant 6" baseboards, crown molding, chair rails, and beaded wood paneling.

▪ Maintenance-Free: Features a one-piece bathtub surround designed to eliminate caulk and mold issues.

▪ Mechanical Peace of Mind: New hot water heater (2022) and a high-efficiency HVAC gas system (2015).

---

Grounds & External Structures

▪ Massive Parking: A private driveway with capacity for 10+ vehicles—a rare find for this district.

▪ Bonus Building: Includes a 400 sq ft secondary structure with electricity, 4x4 structural beams, and high-gloss finishes—perfect for a studio, workshop, or additional office.

▪ Expansion Ready: The 33' x 150' lot includes a large backyard with ample room for a pool or a significant building addition.

---

The Neighborhood: Bustleton’s Best

▪ Safety & Community: Located in a zip code known for its safety, top-rated schools, and lack of row homes.

▪ Convenience: Walking distance to the Roosevelt Blvd, major shopping malls, and public transit.

▪ Prestige: A former participant in the **2021 Philadelphia Flower Show “Bloom Philly”** contest, this property boasts curb appeal that truly stands out.

---

Listing Contacts

DG
MA9503235-RE-B
The Greene Realty Group
Listed by The Greene Realty Group

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$24,000.00
$2,000.00/mo

Valuation Metrics

0
DSCR
3.31%
Cap Rate
3.31%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591