$199,950

3102 G ST, Philadelphia, PA 19134

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon871sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

FITTED RESTAURANT SPACE + 2ND FLOOR UNIT | LOCATED IN OPPORTUNITY ZONE Investment Summary: Excellent opportunity to acquire a mixed-use asset (sold as-is) in a developing Philadelphia corridor. 3102 G St offers a fitted-out commercial ground floor and a second-floor residential unit, offering potential for dual income streams or an owner-operator setup. The property is situated within a Qualified Opportunity Zone, presenting potential tax advantages for qualifying investors. The Commercial Space: Restaurant Infrastructure in Place Ideally suited for a takeout hub, cafe, or casual dining concept, this space minimizes initial equipment costs. Layout: Features a functional layout with a dedicated employee bathroom and prep area. Asset List (Included in Sale "As-Is"): Commercial Ventilation Hood: System in place. Commercial Range: Higher-power stove capability. Commercial Fryers & Sinks: Standard commercial kitchen configuration including prep/wash sinks. The Residential Space: Second-Floor Unit The second floor features living quarters with potential for rental income or owner occupancy. Note: Buyer is responsible for verifying zoning and occupancy requirements for building. Location Benefit: Qualified Opportunity Zone This property is located in a federally designated Job Opportunity Zone. Investor Note: Acquisition of this property may qualify for significant tax benefits regarding capital gains deferral and reduction. Prospective buyers are strongly encouraged to consult their CPA or tax attorney to determine eligibility for Opportunity Zone incentives. Property Highlights: Zoning: Commercial/Mixed-Use (Buyer to verify). Condition: Equipment conveys with the property. Location: Corner visibility potential, accessible to public transit, and part of the Kensington revitalization footprint. Why Wait? With construction costs rising, acquiring a property with existing kitchen infrastructure is a strategic financial move. Whether you are an aspiring restaurateur or an investor looking to add to your portfolio, 3102 G St offers a head start on development.

Listing Status:
Active
Listing Office:
Aspire Realty International LLC : 3475427034
Listing Agent:
Yim Tsang : 3475427034
MLS ID:
PAPH2566350
  • A/C: None
  • Heating: OtherNatural Gas
  • Disability Feature: 32"+ wide Doors
  • General: Masonry
  • Originating MLS: BRIGHT_MAIN
  • School District: PHILADELPHIA CITY
  • County: PHILADELPHIA-PA
  • Zoning: CMX25871543960
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Yim Tsang, Aspire Realty International LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Conwell Russell Middle School

1849 E Clearfield St, Philadelphia, PA, 19134

Grades 5-8

0.10 miles away

C

Conwell Russell Middle School

1849 E Clearfield St, Philadelphia, PA, 19134

Grades 5-8

0.10 miles away

M

Mastbaum Jules E Avts

3116 Frankford Ave, Philadelphia, PA, 19134

Grades 9-12

0.28 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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