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2013-17 Gillingham St
Philadelphia, PA 19124 Frankford

$270,000 USD

Land For Sale  •  0.09 AC

Property Details

  • Property Type Land
  • Lot Size 0.09 AC
  • Zoning ICMX
73 Transit Score
79 Walk Score

Description

2012 Pear St is also included in the sale. Prime commercial investment opportunity in Frankford – Fenced in lot and garage with a tenant already in place. This versatile commercial property package includes a fully fenced, all-concrete lot at 2013-17 Gillingham St and an attached garage at 2012 Pear St. Both the lot and the garage are leased by the car dealership across the street. They are on a month-to-month triple net lease paying $1,300/month for the past 1.5 years. The current tenant utilizes the lot for vehicle storage and car repairs. The fenced lot spans 4,715 square feet, offering a secure, concrete-paved space ideal for vehicle storage, a contractor yard, or potential redevelopment. This lot can hold anywhere between 30-40 cars. The 760-square-foot garage at 2012 Pear St measures 20 by 40 feet and includes electric, water, and a bathroom, all operating on a single set of utilities for cost efficiency. The garage roof was replaced approximately four years ago and remains in excellent condition. This garage is included in the existing lease along with the lot. Located in the Frankford neighborhood, this property presents a steady income stream with the potential for higher rental rates or owner-user opportunities. With flexible zoning and strong demand for vehicle storage and commercial space, this is a rare investment opportunity in a prime location.

Highlights

Prime Commercial Investment Opportunity in Frankford.
Fenced Lot and Garage with a tenant in place.
2013-17 Gillingham St (Lot) & 2012 Pear St (Garage) included in the sale.
Tenant on a Month-to-Month Triple Net Lease, paying $1,300/Month for 1.5 Years.
Fenced Lot (4,715 Sq. Ft.) holds 30-40 Cars; ideal for storage or redevelopment.
760 Sq. Ft. Garage with Electric, Water, Bathroom, and a 4-Year-Old Roof.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Bridesburg (R7 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 2 min 16 min 0.8 mi
Tacony (R7 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 6 min - 3.0 mi
Transit/SubwayDriveWalkDistance
Church (Market-Frankford Line - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 2 min 10 min 0.6 mi
Margaret-Orthodox (Market-Frankford Line - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 2 min 10 min 0.6 mi
Arrott Transit Center (Market-Frankford Line - SEPTA) 2 min 12 min 0.6 mi
Erie-Torresdale (Market-Frankford Line - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 2 min 18 min 1.0 mi
AirportDriveWalkDistance
Philadelphia International 28 min - 17.4 mi
Trenton Mercer 41 min - 27.7 mi
Maria Quattrone 215-607-3535 RE/MAX
Maria Quattrone 215-607-3535 RE/MAX