2215 W LEHIGH AVENUE

PHILADELPHIA, PA 19132

Don't miss this incredible investment opportunity right on the busy street of W Lehigh Ave! This versatile mixed-use property features a fully renovated first-floor commercial space, formerly leased for $2,200/month, now ready for a new tenant or owner-occupant. The first floor is already set up as a fast food restaurant with all the equipment already in place. All the equipment will be included with the sale of the property as well. The second floor boasts a spacious 3-bedroom, 1-bathroom apartment, renovated just 2 years ago, with beautiful hardwood floors throughout the bedrooms. This unit offers an excellent opportunity for rental income or owner-occupancy. An unfinished basement includes a washer and dryer, adding extra convenience. The property is situated in a high-visibility, high-traffic area, making it a prime location for any business. This turnkey investment is being sold AS-IS. Whether you're an investor looking for strong rental income potential or a restaurant entrepreneur seeking a space to operate your business while generating passive income, this property has it all. The commercial space is in turn key condition and all equipment is included in the sale. This property qualifies for a 10K Grant offered by Prosperity Home Mortgage, which can be used for closing costs, rate buy-down, and more. It is fully forgivable to all buyers, not just first-time buyers. Reach out for more information. Additionally, the property qualifies for the CRA program, offering a conventional loan with no mortgage insurance, low down payment and lower interest rate. Nearby dining options include Peppers Restaurant, Down North Pizza, and Mercado Food Market, among many others. For schools, the area is served by Thomas M. Peirce School, Strawberry Mansion High School, and several others. Convenient grocery stores in the neighborhood include Dave’s Meat Market, CTown Supermarkets, and Lora Mini Market, along with various local markets. Commuters will appreciate being just one minute away from the Manayunk/Norristown Line, with easy access at the Allegheny stop. For outdoor recreation, nearby parks include Reyburn Park, Connie Mack Stadium, and Fotterall Square. Schedule your showing today!

Listing courtesy of RE/MAX @ HOME



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