Listing Contacts
Asking Price
$1,400,000
Address
8001 Frankford Ave
Philadelphia, PA
Property Details
Asking Price
$1,400,000
Property Type
Retail
Subtype
Bank, Freestanding
Tenancy
Vacant
Square Footage
4,896
Net Rentable (sq ft)
4,896
Price/Sq Ft
$285.95
Year Built
1974
Permitted Zoning
CMX-2.5 – Commercial/Mixed Use
Lot Size (acres)
1.03
Ownership
Fee Simple
Property Description
Equity Retail Brokers is pleased to offer qualified investors the opportunity to purchase a +/- 4,896 SF vacant bank building on approximately 1 Acre in Philadelphia, PA.​ Located at 8001 Frankford Ave, Philadelphia, PA this property sits on the signalized intersection of Frankford Ave & Rhawn St in Phila’s Holmesburg Neighborhood. This bustling intersection sees almost 23,000 ADT, and has multiple Septa Bus Routes driving by and stopping daily. The property has a large pylon sign on the front corner and includes additional property features of roughly 45 private parking spaces, 3 drive thru lanes, and front & rear building access for its patrons. This property is being offered in “as-is” condition, and the seller is not obligated to provide property improvements or alterations.

The sale of this property will include a lease with Wells Fargo to keep an ATM on the site. 

Property Highlights
  • Sizeable building on 1-acre lot in Northeast Philadelphia
  • Busy signalized Intersection
  • Ample parking
  • Easy access to both Frankford Ave & Rhawn St
  • Zoned for Commercial use
  • 3 lane drive-thru accessibility
  • Front & rear building access
  • Taxes: $15,610 / year