2308 E Allegheny Ave, Philadelphia, PA 19134

Property Description

Positioned along E Allegheny Avenue in Port Richmond, 2308 & 2310 E Allegheny Ave present a versatile commercial investment opportunity consisting of two separate properties with distinct income-producing and value-add potential. Together, the properties offer a unique combination of residential and commercial space, making this an attractive opportunity for an owner-user, investor, or buyer seeking multiple avenues for future use and income. 2308 E Allegheny Ave (Tax ID: 871299390) features a completely renovated second-floor one-bedroom, one-full-bathroom residential apartment that is currently vacant and available for lease at $1,250 per month. The thoughtfully updated unit offers modern finishes throughout, including an eat-in kitchen with white shaker cabinetry, subway-style backsplash, and top-of-the-line stainless steel appliances. An almost full wall of windows fills the combined living and dining area with natural light, creating a bright and welcoming living space. The updated full bathroom features a stall shower, subway tile, and white vanity. Additional highlights include hardwood flooring throughout, ceiling fans, central air conditioning, in-unit laundry, and a private secured entrance. 2310 E Allegheny Ave (Tax ID: 871299400) is currently occupied by a medical dermatologist, providing an established commercial tenancy through December 2026, and is also being offered for lease at $3,000 per month plus NNN. The turn-key layout is ideally suited for medical practitioners, professional services, or businesses seeking a highly functional office environment. The main level features a light-filled waiting and reception area with built-in workstations, a centrally positioned nurse's station, half bathroom, multiple treatment and examination rooms, and dedicated private offices. The existing configuration provides a strong foundation for continued medical use while offering flexibility for conversion to other professional or office purposes. The second floor of 2310 E Allegheny Avenue further expands the property's functionality with a full kitchen, full bathroom, and two spacious multipurpose rooms. These areas can accommodate a variety of uses, including executive offices, conference rooms, staff spaces, private work areas, or additional operational needs. A large full unfinished basement provides substantial utility for storage, equipment, files, and organizational infrastructure. With an existing residential unit, an established commercial space with multiple flexible levels, and multiple potential uses, 2308 & 2310 E Allegheny Ave offers the opportunity to acquire two separate properties with immediate and future income potential. The combination of residential and commercial space provides flexibility for investors and owner-users alike, while the Port Richmond location offers convenient access to public transportation and the surrounding Philadelphia market. A compelling opportunity to add a versatile mixed-use asset to your portfolio or establish a business presence with additional income potential.