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Key Details
Sold Price $2,700,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 28,609 sqft
Price per Sqft $94
Subdivision West Philadelphia
MLS Listing ID PAPH994244
Sold Date 10/04/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $22,145
Tax Year 2020
Lot Size 4,086 Sqft
Acres 0.09
Lot Dimensions 61.00 x 67.00
Property Description
Presenting The Parke Building, a 28,609 square foot, seven-story, vacant mixed-use building. Predominantly situated on the southeast corner of 52nd Street & Ludlow in West Philadelphia. The corner lot spans 4,097 sq ft. with 61 ft frontage. Located in the Qualified Opportunity Zone with CMX-4 zoning and use permit in place for 46 unit apartment building. The remarkable building is currently in shell condition where hints of 1920s architectural details remain. The roof offers amazing 360-degree views with a spectacular view of the Center City Skyline. Conveniently located steps from Septas 52 Street Station providing easy access to Center City on the Market-Frankford Line.
Location
State PA
County Philadelphia
Area 19139 (19139)
Zoning CMX4
Interior
Hot Water Other
Heating None
Cooling None
Heat Source None
Exterior
Water Access N
View City
Accessibility Elevator
Garage N
Building
Lot Description Corner
Sewer Public Sewer
Water Public
New Construction N
Schools
Middle Schools James Rhoads School
High Schools University City
School District The School District Of Philadelphia
Others
Tax ID 883377010
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Isela Lares • Compass RE
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