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Property Description

RARE OPPORTUNITY to own this very unique & LARGE Mixed-Use CORNER Laundromat with 1 spacious Apartment Unit at the rear of the property in the heart of Carroll Park (West Philadelphia)! This property has been newly built in 2008 & fully renovated in 2010! 5529-31 Lansdowne Avenue ($799,900) (Tax ID# 882933280) MUST BE PURCHASED together with 5533-5535 Lansdowne Avenue large empty lots ($99,900) (Tax ID# 885020580). nnThis spacious Laundromat is setup as a Coin Laundromat Business that consists of all stainless steel appliances (34 Dryers & 26 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 small office area towards the back of the Laundromat. To the right of the small office is a half bathroom. nnThis Laundromat generates averagely of about $7,000/month on the coin machines alone. Business also sells laundry detergents, softeners, laundry foldable trolley carts, etc., which these inventories are EXCLUDED from the Sale. Laundromat business opens from 7:30AM to 7:30PM, all 7 days a week. nnIn addition, there’s an Apartment Unit at the rear of the building. This apartment unit is very spacious & consists of 1 good-size Bedroom, 1 Full Bathroom & Updated Kitchen! It has nice tile floors all throughout! Full Bathroom consists of tile floors & walls, sink, toilet, and stand-up shower with glass door! Kitchen has updated granite counter-top, plenty of wood cabinets, and kitchen appliances (Stove/Range & Range Hood). There are 2 utility rooms at the rear of the property. nnBehind the apartment’s kitchen is a fenced in driveway that can fit up to 2 cars. The separate LARGE Empty Lot next door to this property can fit up to about 8-10 cars, which is also fenced up. nnALL Major appliances (Hot Water Heater, Commercial-Grade Hot Water Heater, Central Heater System) & Rubber Roof are installed between 2008-2010 when this building was being constructed. There are also video surveillance cameras from outside the property! nnStart off your new home, 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. nnIF renting out the Apartment Unit, 1 Bedroom Apartment rents can be projected to bring in around $1,050-$1,250/mo. in the area for rent! That is potentially another $12,600-$15,000 gross income that this mixed-use commercial can generate in addition to the Laundromat business. nnBelow are some of the Business Expenses: Water ($582/mo.), Electric ($280/mo.), Gas ($586/mo.), Trash ($500/year), Sewer ($36/mo.), Comcast Cable Internet ($96/mo.); Property & Liability Insurance ($7,000/year), Property Tax ($1,909/year) . nnRun the existing Laundromat business & generate instant cash flows OR open up your own business! So your investment possibilities are endless w/ this very large CORNER Commercial Property! Possible Redevelopment Opportunity for the lots next door! 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 Philadelphia’s International Airport, Fairmount Park, Drexel Univ., Univ. of the Sciences, Univ. of Pennsylvania, Saint Joseph’s Univ., Center City, Philadelphia Zoo, Children’s Please Touch Museum, & many more! PRICED VERY COMPETITIVELY TO SELL!! Get an offer in quickly before it’s gone!!!

Features
: Street
: Private, Paved parking, Fenced, Surface, Lighted Parking, Security/monitored
0
: Storm, Double Entry
: Brick, Brick Front, Masonry, Copper Plumbing, Concrete, Tile
: Tile/brick
: Brick/mortar
: Level Entry - Main, No Stairs
N
: Electric
: Natural gas
: Natural gas, 60+ Gallon Tank
: Blinds In The Back Porch, Seller's Personal Property. Chandelier In Babies Room (seller May Be Willing To Negotiate This If Buyer Would Like To Keep/purchase) Will Be Replaced With Standard Light., Shoe Repair Sign, Shoe Repair Equipment, All Personal Effects & Blue Rug In Front Of Fireplace
: Dryer (all In As-is Condition And With No Monetary Value), 1 Microwave, 2 A/c, All Existing Appliances As Is., Refrigerator As Is, Existing Washer & Dryer - Conveyed As Is
0
: Corner, Additional Lot(s), Rear Yard, Sideyard(s), Level
N
N
N
: Smoke detector, Exterior Cameras, Window Grills, Carbon Monoxide Detector(s)
: Electric Available, Natural Gas Available, Sewer Available, Water Available
MLS Addon
Century 21 Advantage Gold-South Philadelphia
Phong D Lam
Annually
Annually
121134679385
EDWARD HESTON
OVERBROOK
EDWARD HESTON SCHOOL
THE SCHOOL DISTRICT OF PHILADELPHIA
0 Acre
2,433 Acre
0
: Very Good, Good, Excellent
2
0 Acre
No
: Standard
$1,909
2024
CMX2
: Public Sewer
: Public
Other,Other/General Retail
Commercial Features
0 Acre

Commercial Sale

5529 LANSDOWNE AVENUE, PHILADELPHIA, Pennsylvania 19131

0.07 Acre
$799,900
Listing ID #PAPH2312610
Basic Details
Property Type : Commercial Sale
Listing Type : Residential Sale
Listing ID : PAPH2312610
Price : $799,900
Year Built : 2008
Lot Size : 0.07 Acre
State : PA
County : PHILADELPHIA
City : PHILADELPHIA
Zipcode : 19131
Status : ACTIVE
Subdivision Name : CARROLL PARK
Property Sub Type : Mixed Use
Price Per SQFT : $329
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