For sale: Retail space at 8 Brothers Meat Market & Deli in West Oak Lane | $610,000

A 3,550 sf retail building at 6600 Limekiln Pike in West Oak Lane (Philadelphia) is on the market for $610,000.

According to the listing, the space is 33% leased.

From the description:

Great Investment opportunity for either and owner occupied business or hands off investor. This Corner property with 4 way traffic has both high vehicle and foot traffic with a nearby high school and numerous residential housing. The grocery store has a long term lease in place for stable income for the foreseeable future. The remaining 2 units can be kept as a single unit or easily converted back to 2 units as utilities and separate entrances are already in place. Potential to occupy 1 or both of the vacant units. The previous uses for the vacant units were a daycare and a church pulling in $3,600 monthly income. Sidewalk recently replaced as well as other improvements.
Total proforma rental income $6,200 with a cap rate of 10.11%

More details below:

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