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PRICE $2,800,000 dsIDX morgage calculator
SIZE 18,000 sqft
LOT SIZE 1.02 ac

This shopping center boasts five laundromat and restaurant tenants with high visibility along Old 2nd Street and W Grange Ave. The total building area is 18,000 sqft with 5 units and parking lot for 120 cars. Strip center : Unit 1: restaurant , 6000 sf. Unit 2: ,2500 sf, Central air & heat . Unit 3: It was a pizza restaurant. Unit 4: meat business , 3800 sf Unit 5 : Coin Laundromat , 4500 Sf , 92 machines , lottery , 2 year old heating & cooling system, lots of potential, opened 2019. In 2019, significant upgrades were made to the property, including all wall renovated ($60,000), the sidewalk fixed and replaced ($50,000.00), 5 poles($40,000.00) installed, other renovation on 2019($15,000) , a new roof( $55,000.00) , 2 meters in the property , 1 for at restaurant , another one for laundromat . The yearly GROSS RENT: $307,800. Expenses are : $13,000.00 for annual real estate tax, $5,000.00 for real estate insurance

DAYS ON MARKET 1 LAST UPDATED 7/17/2025
YEAR BUILT 1940 COMMUNITY 19120 (19120)
COUNTY PHILADELPHIA STATUS Active
PROPERTY TYPE(S) Commercial

SCHOOLS
School District THE SCHOOL DISTRICT OF PHILADELPHIA


ADDITIONAL DETAILS
AIR Central Air, Electric
AIR CONDITIONING Yes
APPLIANCES Gas Water Heater
AREA 19120 (19120)
CONSTRUCTION Stucco
HEAT Central, Electric
LOT 1.02 acre(s)
PARKING Parking Lot
SEWER Septic Tank
TAXES 33269
UTILITIES Natural Gas Available, Electricity Available
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 5734 - 38 OLD SECOND STREET
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