Retail Space
1406 North 50th Street Philadelphia, PA 19131
Details & Description
Price: $899,999
    1406-12 N 50th Street is an incredible opportunity to purchase a total of 4 parcels with an existing business operating within one. This property provides the potential to build residential and expand up on the multiple included parcels for an incredible investment and development opportunity.The BusinessThis asset is currently occupied by a well established and high cash flowing auto body repair business. The building also features and upstairs office and storage. The owner has agreed to share business financials with a qualified buyer, and the current staff has agreed to stay in place to continue running the business for the new owner. This is an incredible opportunity for an investor who would like to acquire an income producing asset and accumulate funds for further development or investments.
    Property Highlights
    Listing Agents
    Mark Andrade
    KW Commercial
    O: 646-797-1816
    M: 267-238-5735
    mark.andrade@kw.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1406 North 50th Street

    Philadelphia, PA 19131

    Listing ID: 265564
    • 1406 North 50th Street Philadelphia, PA 19131 | for Sale | Photo 1
    • 1406 North 50th Street Philadelphia, PA 19131 | for Sale | Photo 2
    1406 North 50th Street | for Sale | Thumbnail 1
    1406 North 50th Street | for Sale | Thumbnail 2
    Building Size: 3,855 SF
    Lot Size: 0.060 AC
    Land Size: 2,600 SF
    Building $/SF: $233.46
    Land $/SF: $346.15
    Price
    $899,999
    Property Highlights
    4 Parcels
    Development Investment opportunity
    Cashflow
    Description

    1406-12 N 50th Street is an incredible opportunity to purchase a total of 4 parcels with an existing business operating within one. This property provides the potential to build residential and expand up on the multiple included parcels for an incredible investment and development opportunity.

    The Business

    This asset is currently occupied by a well established and high cash flowing auto body repair business. The building also features and upstairs office and storage. The owner has agreed to share business financials with a qualified buyer, and the current staff has agreed to stay in place to continue running the business for the new owner. This is an incredible opportunity for an investor who would like to acquire an income producing asset and accumulate funds for further development or investments.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Philadelphia History of Retail Space for Sale

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    Philadelphia Area Market Trends

    Listing Demographics for 1406 North 50th Street Philadelphia, PA 19131

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population49,190367,203934,011
    Population Median Age363637
    Population by Age0-9 Yrs8051 (16%)43531 (11%)106960 (11%)
    10-19 Yrs7043 (14%)51245 (13%)109953 (11%)
    20-29 Yrs7948 (16%)76376 (20%)183126 (19%)
    30-39 Yrs5384 (10%)48257 (13%)146898 (15%)
    40-49 Yrs4875 (9%)38245 (10%)102280 (10%)
    50-59 Yrs6169 (12%)41731 (11%)109600 (11%)
    60-69 Yrs5332 (10%)36076 (9%)92552 (9%)
    70+ Yrs4389 (8%)31740 (8%)82642 (8%)
    Median HH Income$28,245$41,103$50,144
    Total Household Income< 24K8192 (46%)48100 (34%)110067 (29%)
    25-49K4251 (24%)31675 (22%)77317 (20%)
    50-74K2356 (13%)20964 (14%)56706 (15%)
    75-99K1370 (7%)13141 (9%)37967 (10%)
    100-199K1227 (7%)18433 (13%)65084 (17%)
    200K+103 (0%)7771 (5%)28362 (7%)
    Highest Education LevelNo Diploma45012813477678
    Diploma or GED1179468695175268
    Some College888045315100872
    Assoc. Degree16651136332564
    Bachelors Degree270342799136263
    Higher Degree117939457117225
    Total Housing Units22,218167,368436,592
    --Owner-Occupied8,94364,271185,491
    --Renter-Occupied8,55775,814190,013
    Owner-Occupied Values< 100K54872418849161
    100-199K26591823648385
    200-299K494662331315
    300-399K120411819906
    400-499K51316711624
    500K+132793825100
    Total Working Age Population36,500297,214767,231
    In Work Force18,638172,586479,286
    Not In Work Force17,862124,628287,945
    Workforce Employed16,443158,116441,572
    Workforce Unemployed2,19514,40337,466
    Civlian Workforce18,638172,518479,038
    Military Workforce067248
    Total Households17,500140,084375,504
    Family Households9,73370,861186,742
    Non-Family Households7,76769,223188,762
    Married Couple2,56332,239102,005
    Other Family7,17038,62384,737
    Married w/Child80811,62337,758
    Single Male w/Child4842,6196,654
    Single Female w/Child3,19115,91933,202

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New Jersey8,414,350+48,791,894+49,132,700+49,530,900
    Camden County508,932+1513,6570511,800+2521,000
    Pennsylvania12,281,054+312,702,379+413,230,170+413,759,594
    Delaware County550,864+1558,979+5588,436+6622,307
    Montgomery County750,097+7799,874+5838,883+6891,868
    Philadelphia County1,517,550+11,526,006+81,653,729+61,753,054

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1406 North 50th Street in Philadelphia?
    The asking price for 1406 North 50th Street is $899,999
    What is the building size of this Retail property in Philadelphia, PA?
    The size of the building/unit at 1406 North 50th Street in Philadelphia is 3,855 square feet
    How much land does the Philadelphia, PA property at 1406 North 50th Street include?
    1406 North 50th Street in Philadelphia includes 0.060 acres of land
    What kind of Retail is the propery at 1406 North 50th Street?
    The property at 1406 North 50th Street Philadelphia, PA 19131 is listed as a Vehicle Sales/Service Retail property
    What is the population within 1 mile of 1406 North 50th Street in Philadelphia?
    The population within 1 mile of 1406 North 50th Street Philadelphia, PA 19131 is 49,190 people.
    Who do I contact for questions about 1406 North 50th Street?
    You should contact the listing agent, Mark Andrade , for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Philadelphia International Airport (PHL) 7
    Newark Liberty International Airport (EWR) 74
    John F Kennedy International Airport (JFK) 89