The Philadelphia Real Estate Blog

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Lots to be Merry About This Holiday Season!

Do you deserve a lot this year? We thought so. We have lots in store for you at 176-78 Cecil B Moore Avenue. Investors, dreamers, business owners, get what you want this year!

This lot is two addresses with a 30 foot front and 40 foot depth, and C2 zoning. This Old Kensington neighborhood, zip code 19122, is one of the fastest developing neighborhoods, located just north of Northern Liberties and west of Fishtown. It's also a direct route to Temple University. Here's your chance to build and create in the next big neighborhood.

At just $59,000 for over 1,200 square feet, there is lots to like (okay, we'll stop with the puns!) about this land for sale. Come check it out!

Contact the Somers Team for more information!


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Rent Your Own Storefront in Fishtown? LEED-Certified Commercial Opportunity!

Have your own business? Need office or commercial space? Don't pay out-of-control rents for downtown spaces when you can open up in a family-friendly neighborhood with plenty of foot traffic and independent businesses nearby. Be part of a community.

This commercial space is part of Levesque Flats at 206 E. Girard Avenue, located on the first floor. It will be next to YIKES Inc., a sustainable web design and development business, with LEED-certified apartments above.

The highlights?

The price. $2,250 for your own storefront? That's an amazing deal on a major avenue in Fishtown, one of the hottest neighborhoods in the city.

The building. Sustainable, recycled, and energy efficient materials are the inspiration behind Levesque Flats. It includes a bathroom and basement. Two password-protected web cameras are included, in a neighborhood already known for its peaceful vibe and friendly community.

The back. Whatever your business needs, a back yard is a great bonus, especially for events or some green space.

MUST SEE! For more information on Levesque Flats, please inquire for a property brochure. Showings by appointment.

Related:

Eco-friendly 1-2 Bedroom Apartments LEED the Way in Fishtown

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Fresh Address: 801-805 N 2nd Street Lot/Land for Sale

It's not exactly a Fresh Address, but with the right vision, it could be! This development opportunity in Northern Liberties is too tempting to walk by.

This is Where It's At:

801-805 N 2nd Street is on a great corner with lots of foot traffic at 2nd and Brown Streets - a prime location for a business or a friendly place to call home. You have shopping and restaurants on the surrounding streets, with access to the Spring Garden Station for the Market-Frankford line. Liberty Lands Park, Liberties Walk, and the Piazza are a few blocks away.

Come On In:

We'd invite you in, but this lot/land is wide open and in plain view - just come have a look! We call it the Best Corner Left in Northern Liberties...because it is! The 60 X 78 buildable lot is zoned G2. There are so many things we'd love to see here...turn this address into something Fresh!

For more details, please contact the Somers Team.

Walk Score of 94.


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Own One of Daily Candy's Favorite Candy Shops!

All future Willy Wonkas out there, we've got a super SWEET Turn Key Business For Sale! The Little Candy Shoppe located at Liberties Walk, the very same that Daily Candy voted the Top 12 Mom & Pop Candy Shops in the Country, 2011, is up for grabs! The purchase of this DREAM BUSINESS includes:

1) "The Little Candy Shoppe" brand name/integrity/reputation. This business is loved by Northern Liberties for its sweet service and retro selection of favorites that bring out the kid in all of us.

2) Five years of candy-loving clientele.

3) All candy, equipment, fixtures & furniture. The lease will be done separately.

1,000 SF shop w/950 SF  basement workshop/office and outdoor seating. Rear & front entrance, custom shelving, work table, basket making equipment, new fridge/freezer, all food cases, shelving, & furniture. Upgraded w/2 hot water heaters, 3 compartment sink, custom painting, tile work, & more. Inventory & financial documentation available. Free 3 Day Training Consult included. Buy before September & cash in on the Holiday Season. Tap into the lucrative bridal, corporate, & internet world of CANDY.

Location, Location and a little Love. Are You Open For Business? Lease good through 5/31/12 w/same lease terms offered by Liberties Walk Associates, LP.

Please contact the Somers Team for more information.

Feel free to subscribe to our blog or our monthly newsletter to stay up to date with our latest posts and information on the Philadelphia Real Estate Market.  You can also sign up to receive the Philadelphia Real Estate Blog via email.

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Lots to Love

Are you on the hunt for right piece of land at the right price? We have three lot opportunities for investors along the Northeast corridor of Philadelphia.

4337-39 Bermuda Street is a lot for sale in the Bridesburg/Frankford Area. 37x100 w fence and curb. R10A zoning. All offers are presented with proof of funds. $69,900.

2306 E Venango Street is a 20X80  lot for sale in Port Richmond. R10A zoning. All offers with be presented w/ proof of funds. $39,900.

1101-1103 Berks Street is a desirable riverside Fishtown corner lot/land for sale. Ready for Development: 28x86. R10A zoning. $119,900.

For more information, please contact the Somers Team.

Feel free to subscribe to our blog or our monthly newsletter to stay up to date with our latest posts and information on the Philadelphia Real Estate Market.  You can also sign up to receive the Philadelphia Real Estate Blog via email.

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Fresh Address: 1520 W Thompson Street

Today's Fresh Address is an investment property. You've heard how an "ugly duckling" turns into a "graceful swan", right? Well we have a "green frog" ready to be turned into a "handsome prince" at 1520 W. Thompson Street.

Where It's At: A coveted Temple University location. This home is a result in an early Green Movement in Philadelphia, built 27 years ago. 1520 W. Thompson was one of the first solar-enhanced homes in Philadelphia. Solar Details.

Come On In: It is a great time to invest in Philadelphia Real Estate. Single family residential homes make fantastic rental properties and out-perform as an appreciating asset. There is a greater yield potential in Real Estate compared to other more risky endeavors such as the stock market and growth mutual funds.

Projected sale price after a full rehab is about $135K and projected rental price $1,200/mo.

$89,900

Let us know if you are ready to kiss the frog and perhaps leap from 1st time investor to Real Estate Entrepreneur!

For more information, please contact the Somers Team.

Walk Score of 88.


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Feel free to subscribe to our blog or our monthly newsletter to stay up to date with our latest posts and information on the Philadelphia Real Estate Market.  You can also sign up to receive the Philadelphia Real Estate Blog via email.

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Go Solar in Templetown

We've got a bright opportunity for investors in one of the first solar-heated properties built in Philadelphia 27 years ago. The system can be salvaged and utilized to lower heating bills. Give this 3 Bedroom Home a little bit of TLC and let the sun shine!

1520 W Thompson Street is  located close to Center City and a stone 's throw to Temple. The block is well-maintained and there is new construction development going on in the immediate area for those curious about the potential appreciation and investment value of this home in this area of Philadelphia.

  • All electric appliances
  • Large closets
  • Hgh ceilings
  • Plenty of natural light
  • Front porch
  • Exterior storage areas
  • Huge beautiful yard
  • Front driveway off-street parking

http://www.thesomersteam.com/northphilly/1520thompson/1520wthompson_solar.pdf

$89,900

Walk Score of 88.

For more information, please contact the Somers Team.

Feel free to subscribe to our blog or our monthly newsletter to stay up to date with our latest posts and information on the Philadelphia Real Estate Market.  You can also sign up to receive the Philadelphia Real Estate Blog via email.

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Who Wants Brain Freeze? Water Ice for Sale

Who wants BRAIN FREEZE ?

Water Ice For Sale...

Actually it is a water ice factory for sale in Port Richmond.  And while it's tough to even think about water ice right now -- BRRRRRRRR! -- spring is just around the corner. Or so they say :)

So if you've been looking for a COOL (pun intended) established business with a large commercial kitchen, or you've always wanted to own an ice cream or water ice shop, we've got the scoop...

Just think of the Winter Water Ice flavors you can dream up...

Coffee

Jalapeno

Hot Cocoa

Cayenne Pepper

Flaming Rum

Winter Green

Hot Tamale Cinnamon

Spicy Ginger

What HOT new flavor would you come up with if you owned this store?

(This 2,800 sq ft commercial property has large fenced in bay providing great off street parking, 2 separate food areas, office and full bathroom with shower. Fully staffed with long standing employees, this is truly a turnkey operation. Perfect opportunity for caterers, lunch truck operators, or anyone in the food industry. Will qualify for SBA financing. Owner will train and support new owner.)

Please contact Ryan Schaffer for more information: 267-226-1924, schafferremax@yahoo.com

Feel free to subscribe to our blog or our monthly newsletter to stay up to date with our latest posts and information on the Philadelphia Real Estate Market.  You can also sign up to receive the Philadelphia Real Estate Blog via email.

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Parking Power in Old City

We all know how valuable a parking space is. You don't want to risk getting a ticket or leaving your car somewhere for a long period of time. So how do you achieve Parking Peace of Mind?

Your own 24-7-365 parking spot in Old City is waiting. Never worry about your car's safety again at the Old City Parkominium at 231-235 N 2nd St. Your car will love you for this.

- Use it yourself if you live or work nearby.

- Sell it to someone who does.

- Build equity.

- Zero maintenance.

Condo Fee only $85/month. Taxes $85/year. A fantastic financing option is available at 4.25 percent. (10 years fixed / 20 year AM). Covered space: $20,000. Rooftop parking: $19,500.

Your parking worries just cruised away. For more information, please contact the Somers Team.

Feel free to subscribe to our blog or our monthly newsletter to stay up to date with our latest posts and information on the Philadelphia Real Estate Market.  You can also sign up to receive the Philadelphia Real Estate Blog via email.

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10 Cool Things to Do with a Warehouse

We have 2 warehouses for sale in great locations:

A) 153 Richmond St, Fishtown, 863 sq ft, $90,000

B) 1400-4 N Front St, Old Kensington, 1500 + sq ft, $249,000

And the options are endless for these warehouse spaces located in Fishtown and Old Kensington, two neighborhoods that are at the forefront of design and opportunity in Philadelphia.

What will you do with your new warehouse? Here are just a few cool ideas...

1) Store stuff in it. Cool stuff.

2) Use it as a carpenter's workshop or an artist studio, or open a gallery. We're thinking of the Crane Arts Building.

3) Remodel into a live/work space like a groovy movie star in NYC.

4) Divide into condos and sell like a real estate guru.

5) Rent it out and become a landlord and possibly become a millionaire. You never know.

6) Host a killer party in it and gain the respect and admiration of all of your friends. They'll be tweeting about it for days.

7) Knock it down and build a 60 story skyscraper or a 3 story rowhome. Whatever works.

8) Film a music video inside like OK Go which will become viral and seal your fate for fame.

9) Build a brewery in it and have free beer forever. You could be the next Yards. Or open a speakeasy, and please, invite us.

10) Use it as a topic of conversation at dull cocktail parties and tell them about your skyscraper idea.

Or you could do something totally practical and use it as extra storage or for band practice, but we just couldn't help ourselves! Want to come scope out our warehouse investment opportunities? Contact the Somers Team today.

Feel free to subscribe to our blog or our monthly newsletter to stay up to date with our latest posts and information on the Philadelphia Real Estate Market.  You can also sign up to receive the Philadelphia Real Estate Blog via email.

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