7620 24 Ogontz Avenue, Philadelphia, PA 19150Asking Price of: $800,000
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Welcome to an exceptional opportunity to acquire three adjacent buildings located along a high-visibility commercial corridor with strong foot and vehicle traffic. Formerly utilized for medical and dental office use, this versatile property presents a wide range of possibilities for both owner-users and investors. This multi-tenant commercial building has historically accommodated approximately 20 doctors operating within the space at one time, highlighting its scale and functionality for professional use. The property offers an active rental license and is well-suited for continued income-producing operations. When the property was fully rented it would generate $26,000/month and $312,000/year. The buildings feature prime storefront exposure and has versatile interior layouts that can be adapted for a variety of uses. This property can be ideal for mixed-use redevelopment, medical or professional office suites, retail conversion, community-based services, or multi-tenant configurations, the possibilities are endless. With a projected potential of approximately $26,000 per month when fully occupied, this asset presents strong income-producing potential along with long-term value appreciation. Its strategic location and consistent traffic flow provide excellent visibility and positioning for sustained demand. Whether repositioning for rental income, redeveloping for new commercial and residential use, or creating a customized business headquarters, this property delivers the space, exposure, and flexibility to execute your vision. A rare value-add opportunity in a growing area—schedule your showing today.