1450 W Grange Ave, Philadelphia, PA 19141

Prime Mixed-Use Investment Opportunity 1450 Grange Street Welcome investors to 1450 Grange Street, a unique mixed-use property offering exceptional income potential. This versatile property features a commercial unit on the ground floor and an upper level with the potential to house four one-bedroom apartments. Whether you're looking for a long-term investment, a redevelopment project, or an owner-occupied business space, this property presents endless possibilities. Property Details: Ground Floor Commercial Unit Previously operated as a convenience store, this space generated $3, 000 per month in rental income. Upper-Level Residential Space The second floor has the potential to be converted into four separate one-bedroom apartments, making this an excellent opportunity for a value-add investment. The units require a complete renovation, giving investors the flexibility to design modern, high-demand rental spaces. Income Potential: One-bedroom apartments in this area rent for approximately $1, 240 per month. Once renovated, the total projected rental income from the upper-level units alone could reach $4, 960 per month. Combined with the $3, 000 monthly commercial rental income, the property offers a potential gross income of $7, 960 per month. High-Demand Rental Market With strong rental rates in the area, this property has significant upside potential once the residential units are completed. Strong Foot Traffic & Visibility The commercial space benefits from a prime location with easy access for customers and tenants alike. Flexible Investment Opportunity Ideal for passive income, a redevelopment project, or an owner-user looking to operate a business on-site while generating additional rental revenue. Endless Potential Whether you renovate and rent, operate a business, or develop further, this property provides multiple options for strong returns. This is an excellent opportunity for investors looking to capitalize on a highly versatile property in a growing market. With the right vision and improvements, 1450 Grange Street can become a highly profitable asset. The property is being Sold AS-IS No Repairs will be Made

Property Features