3054 N Franklin St, Philadelphia, PA 19133

Property Description

3054-58 N Franklin St, Philadelphia, PA 19133 Amazing opportunity to own a 9,000+ sqft commercial property zoned CMX-2, offering multiple spaces and significant potential for an owner-operator or investor. The property features a spacious 4,500 sq ft auto repair shop on the lower level, and a 2nd floor space with so much potential 4,500sqft of open space and high cielings. the autorepair shop is complete with a paint booth and auto repair equipment included in the sale. The front auto shop is currently vacant and ready for its next owner or tenant, while the attached detailing shop toward the rear of the building is currently rented, providing existing rental income. The property also features an additional second-floor space with potential for conversion and future occupancy, subject to city approvals. The auto shop was previously rented for $5,000 per month, and the second-floor space can approx. be rented for $3,000 per month, offering additional income potential for the next owner. The seller replaced the roof and joists in 2018, and supporting documentation is available upon request. Whether you're looking to operate your own business, lease out the available spaces, or explore other permitted commercial uses, this property presents a variety of possibilities. The property is zoned CMX-2. Buyers are responsible for verifying permitted uses, existing use approvals, zoning compliance, square footage, and any proposed renovations or conversions with the City of Philadelphia. Don't miss this opportunity to acquire a versatile commercial property with space, equipment, and potential for future growth.