1019 W Sedgley Ave, Philadelphia, PA 19140

Property Description

RARE OPPORTUNITY to own this very unique & LARGE CORNER Property with an extremely huge parking lot that can fit over 50 vehicles (Tax ID#: 882005680)! This Property is about 3,600 sq. ft. and the entire Lot size is about 36,547 sq. ft.! This property sits on about 16 lot addresses! Seller is also selling separately a very big plot of Land directly next door to this Property that is also up for Sale (Tax ID: 885949820)! That entire Lot size is about 15,462 sq. ft.! This separate Lot sits on about 4 lot addresses! The current use is a Laundromat Business (Owner operated). However, this is zoned as I-2, which is flexible for many types of businesses. The possibilities are endless with this spacious property on a heavy traffic area. The FOCUS of the sale is the real estate property & the BIG LOT that it is sitting on. The Laundromat business can be given to anyone who buys this, but Sellers are NOT selling based on the laundromat business. This spacious Laundromat is setup as a Coin Laundromat Business that consists of 46 Dryers & 41 Washers. Take advantage of this rare opportunity before it's gone! Laundromat space has tile floors throughout with ceiling fans. Plenty of natural lights shining T/O entire Laundromat to help you save on energy bills! There is a half bathroom on the side the Laundromat. There is a Utility Room towards the back of the Laundromat. The following items were recently updated by Owner: New Stucco (2021), Newer 6 inch Sewer Line (2018), New Central Heating System (2021), New Gas Hot Water Heater (2021), Newer Aluminum Roof & Rubber Roof (2018). There are also video surveillance cameras from outside the property! Start off your new business or investment with this very low maintenance property! Buyer is responsible to reach out to the City for any zoning questions or use variance. Your investment possibilities are endless w/ this very large CORNER Commercial Property! Possible Redevelopment Opportunity! Property is being sold strictly in AS-IS, WHERE-IS condition! Buyer is responsible for any & all repairs (if needed). Septa bus / trolley stops & public transportation are easily accessible in the area! Close to shopping centers/plazas, supermarkets, stores, gyms, restaurants, parks, & much more! Easy access to all major highways! Minutes away from Temple University School of Pharmacy, Temple Medical Schools, Temple University Hospital, Temple University Main Campus, & many more! PRICED VERY COMPETITIVELY TO SELL!! Get an offer in quickly before it's gone!! Please Note: There have been some notices that were sent to the neighborhood to notify people of a proposed Big Redevelopment Project of Multi-Family Household Living with 80 Dwelling Units with Parking Spaces for the property (1020-30 W. Sedgley Avenue) directly across the street from this subject property! IF this big project is successfully approved or work is kicking off, Sellers are looking to increase the Asking Price of this property once that starts to break ground.