
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID PAPH2487376
Year Built 1965
Annual Tax Amount $2,372
Tax Year 2024
Lot Size 4,143 Sqft
Acres 0.1
Lot Dimensions 40.00 x 104.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Rare opportunity to acquire a fully licensed and zoned 20-bed Personal Care Home consisting of two adjacent buildings in very good condition, with recent upgrades to the roof and HVAC systems. Offered as a real estate-only transaction, the property will be delivered vacant, allowing immediate repositioning to a higher-performing operational model.
Zoned RSA-5 with permitted use (Y50 – Personal Care / Health Facility), the asset is ideally suited for assisted living, behavioral health, recovery housing, or related care uses (subject to approvals). Licensed facilities with compliant zoning are increasingly scarce, creating a strong barrier-to-entry investment opportunity.
The existing layout supports efficient care operations and administrative functions. Value-add potential includes architectural plans for a possible third-floor expansion at 1754 Bridge St, allowing for increased capacity (subject to L&I approval).
From an income perspective, typical monthly revenue per occupant in the Philadelphia market may range from approximately $2,400 to $6,300+, depending on program type and payer source, including various government-supported programs where available. Certain programs in the region may offer stable income sources and demonstrated demand, often with existing waiting lists, subject to operator qualification and program participation. Delivered vacant, the property allows a new operator to optimize occupancy, upgrade service mix, and maximize revenue potential without legacy operational constraints. (All income figures are estimates and not guaranteed.)
Ownership is retiring after 25+ years of operation, creating a rare opportunity for a new operator or investor to acquire a licensed facility with long-standing use and reposition it for future growth.
Ideal for operators and investors seeking a scalable healthcare asset with repositioning upside.
Business not included. FF&E available separately.
Showings by appointment only. Proof of funds or lender pre-approval required.
Location
State PA
County Philadelphia
Area 19124 (19124)
Zoning RSA5
Interior
Hot Water 60+ Gallon Tank, Natural Gas
Heating Forced Air, Hot Water
Cooling Central A/C, Wall Unit, Window Unit(s)
Flooring Ceramic Tile, Laminated, Partially Carpeted, Vinyl
Inclusions All existing business operating equipment.
Heat Source Natural Gas
Exterior
Garage Spaces 3.0
Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water Access N
Roof Type Built-Up
Accessibility Wheelchair Mod
Total Parking Spaces 3
Garage N
Building
Lot Description Level
Foundation Slab, Stone
Sewer No Septic System
Water Public
New Construction N
Schools
Elementary Schools Feltonville Arts And Sciences
Middle Schools John Paul Jones
High Schools Frankford
School District Philadelphia City
Others
Tax ID 622098200
Ownership Fee Simple
Security Features Carbon Monoxide Detector(s),Exterior Cameras,Fire Detection System,Main Entrance Lock,Motion Detectors,Resident Manager,Smoke Detector,Surveillance Sys
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS
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