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$3,500,000
170 Days Online

1001 Poplar Street
Philadelphia, PA 19123

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1965
Built
Subdivision:
Northern Liberties
County:
Philadelphia

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Call Now: 215-382-7368
Is this the home for you? We can help make it yours.
215-382-7368
1001 Poplar Street1001 Poplar Street1001 Poplar Street1001 Poplar Street
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Turn- key investment with lots of options. 8.57% cap rate! 1001 Poplar St adjoins the Northern Liberties section of the city – a very hot real estate market area. This prime real estate opportunity, presents a unique blend of commercial and residential potential. This property currently has a long term lease in place for $25,000 per month triple net. All expenses covered by tenant – make incredible cash flow day one. Options are boundless – keep tenant in place and develop northern portion of the site. Or keep renting and hold onto it and develop it completely in the future. Potential to build by right up to 25 home or create a thriving 37-home community. The versatile zoning permits a harmonious blend of residential and commercial development, catering to a range of investment strategies, and this property offers numerous pathways for revenue generation. This is a rare opportunity to capitalize on a prime piece of real estate in the vibrant Northern Liberties section of Philadelphia. Whether you're looking to create a residential community, commercial development, or a mix of both, 1001-9 Poplar St presents a canvas for your investment vision. As an added incentive, the commercial tenant in place will continue to pay rent while you receive zoning approvals! Again, the buyer has the advantage of assuming the commercial lease, contact us for details. Don't miss out on this chance to be a part of Philadelphia's thriving real estate market. The property address is 1001 Poplar Street. It encompasses two previous properties that were subsequently consolidated into one, namely, 1001-1009 and 1011-1035 Poplar Street. Contact us today to explore this exceptional investment prospect.

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Listing Snapshot
Price 
$3,500,000
Days Online 
170 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.36 Acres
Year Built 
1965
MLS® Number 
PAPH2291330
Status 
Active
Property Tax 
$25,059
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 hours agoListing updated with changes from the MLS®
3 months agoPrice changed to $3,500,000
6 months agoListing first seen online
General Features
Water 
Public Hook-up Available
Sewer 
Public Hook/Up Avail
Parking 
Unassigned
Construction Materials 
Masonry
Zoning 
RSA5
Interior Features
Heating 
None
Cooling 
None
Central Air 
No
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Community Features
Accessibility Features 
Other
Listing courtesy of EXP Realty, LLC (888) 397-7352

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The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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