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$990,000

  • For Sale
  • Active
  • Commercial Institutional
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Rare investment opportunity to acquire Mayfair Fitness, a fully operational fitness center offered together with the prime commercial real estate it occupies in the heart of Mayfair, Philadelphia. This turnkey investment blends a well-established business with consistent membership revenue and the long-term security of property ownership. The facility features a full lineup of cardio and strength equipment, locker rooms, showers, and spacious training areas, all included in the sale. Multiple revenue streams exist through memberships, personal training, and group fitness classes, with expansion potential into wellness services or boutique fitness concepts. The real estate itself offers excellent visibility, strong street presence, and a flexible layout adaptable to various uses. Located in a thriving, high-traffic corridor with strong neighborhood demographics, this offering provides immediate income, long-term appreciation, and multiple exit strategies for investors, developers, or owner-operators.

Full Property Details for 7416 Frankford Ave

General

  • Price: $990,000
  • Taxes: $6,152 (2025)
  • Status: Active
  • Type: Commercial Institutional
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2536004
  • Updated: 3/6/2026
  • Added to Site: 206 day(s) ago

Business

  • Business Type: Flex, Health Club, Other

Parking

  • Total Spaces: 2
  • Parking Type: On Street

Location

  • Area: 19136 (19136)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Driving Directions: South on Frankford Avenue right hand side

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Masonry
  • Building Size: 6720
  • Year Built: 1945
  • Year Built Source: Assessor

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size (Acres): 0.08
  • Lot Size (Sq. Ft.): 3,360
  • Lot Size Source: Assessor
  • Lot Dimensions: 33.00 x 100.00
  • Zoning: CMX25

Financial Considerations

  • Price Per Sq. Ft.: $147.32
  • Assessment Year: 2025
  • School Tax: $3,445
  • City/TownTax: $2,706
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $439,500
  • Tax Amount: $6,152
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 363

Listed by Keller Williams Real Estate-Langhorne, Michael Greene and Keller Williams Real Estate-Langhorne, Kimberly Rock

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Listing agents

— 7416 Frankford Ave —

  • Michael Greene

    Keller Williams Real Estate-Langhorne

  • Kimberly Rock

    Keller Williams Real Estate-Langhorne

Listing Office Email: klrw476@kw.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 7416 Frankford Ave

School District:Philadelphia City School District
NameGradesDistance
Forrest Edwin School
7300 Cottage Street, Philadelphia, PA 19136
K-50.3 mi
Lincoln High School
3201 Ryan Avenue, Philadelphia, PA 19136
9-120.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7416 Frankford Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/15/2025
Price Reduced
$990,000
-5.26%
MLS
9/09/2025
Listed
$1,045,000
143.02%
MLS
11/02/2017
Sold
$430,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7416 Frankford Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,152
—
$439,500
—
2024
$6,152
—
$439,500
—
2023
$6,152
—
$439,500
—
2022
$6,152
10%
$439,500
100%
2018
$5,589
-1%
-100%
2020
$5,630
1%
$402,200
1%
2019
$5,589
—
$399,300
—
2018
$5,595
16%
$399,700
16%
2017
$4,803
—
$343,100
—
2016
$4,803
4%
$343,100
—
2015
$4,598
—
$343,100
—
2014
$4,598
37%
$343,100
902%
2013
$3,346
—
$34,240
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams Real Estate-Langhorne, Michael Greene and Keller Williams Real Estate-Langhorne, Kimberly Rock

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7416 Frankford Avenue, Philadelphia, PA 19136 (MLS# PAPH2536004) is a Commercial Institutional property. 7416 Frankford Avenue is currently listed for $990,000 and was received on September 09, 2025. Want to learn more about 7416 Frankford Avenue? Do you have questions about finding other Commercial Institutional real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

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