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7301 Stenton Ave. 7301 Stenton St

3,075 SF Office Building Philadelphia, PA 19150 £508,593 (£165/SF)

Executive Summary

For sale: 7301-7301 Stenton Ave., a.k.a. 6315-6317 Stenton Avenue, an incredible investment opportunity consisting of two attached buildings totaling 3,075 sq ft, not including additional fully finished basements, located on a high-traffic, high-visibility street in a densely populated neighborhood. There are many nearby public transportation options available. Zoned CMX2, this corner property is sold as a package with a fully functioning doctor's office tenant, established in 1986, seeking a long-term lease. The tenant operates on a month-to-month lease covering all expenses except real estate taxes and insurance. Don’t miss out on this rare, solid, income-producing property with a long-established tenant in place! The listed sq ft size and total annual real estate taxes are combined for both properties.

Financial Summary (Actual - 2024)

Annual Annual Per SF
Gross Rental Income £56,336 £18.32
Other Income - -
Vacancy Loss - -
Effective Gross Income £56,336 £18.32
Taxes £3,250 £1.06
Operating Expenses £5,255 £1.71
Total Expenses £8,505 £2.77
Net Operating Income £47,831 £15.55

Financial Summary (Actual - 2024)

Gross Rental Income
Annual £56,336
Annual Per SF £18.32
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £56,336
Annual Per SF £18.32
Taxes
Annual £3,250
Annual Per SF £1.06
Operating Expenses
Annual £5,255
Annual Per SF £1.71
Total Expenses
Annual £8,505
Annual Per SF £2.77
Net Operating Income
Annual £47,831
Annual Per SF £15.55

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
3,075 SF
Year Built
1930
Price
£508,593
Price Per SF
£165
Tenancy
Single
Number of Floors
1
Typical Floor Size
3,075 SF
Zoning
CMX2

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Doctor Office
  • Health Care and Social Assistance
  • 3,075 SF
  • -
  • Plus All Utilities
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Doctor Office Health Care and Social Assistance 3,075 SF - Plus All Utilities -
  • Listing ID: 33435723

  • Date on Market: 07/10/2024

  • Last Updated:

  • Address: 7301 Stenton St, Philadelphia, PA 19150

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