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Key Details
Sold Price $2,100,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 21,413 sqft
Price per Sqft $98
Subdivision Fairmount
MLS Listing ID 1000453536
Sold Date 09/19/19
HOA Y/N N
Originating Board TREND
Year Built 1927
Annual Tax Amount $999,999
Tax Year 2018
Lot Size 6,188 Sqft
Acres 0.14
Lot Dimensions 68X91
Property Description
Great opportunity to acquire a significant parcel in one of the most sought-after areas for residential and commercial uses in Philadelphia. Situated in the heart of the Art Museum/Fairmount area, this portfolio sale includes two adjacent buildings - 712 N 16th Street and 1606 Swain Street. The main building (712 N 16th Street) was previously used as the Admissions Office for the Philadelphia Housing Authority. The second property (1606 Swain Street) is a converted row home that was previously used as office space. Existing buildings provide the ability to hold and market as rental space or demo to take advantage of the full lot size and maximize FAR. This site borders Center City Philadelphia and is steps away from Fairmount Avenue, the primary commercial corridor serving the surrounding area. NOTE: Seller is tax-exempt entity; purchaser will pay both sides of taxes, inc U&O.
Location
State PA
County Philadelphia
Area 19130 (19130)
Zoning CMX2
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Other
Heating Other
Cooling Other
Fireplace N
Heat Source Other
Exterior
Water Access N
Accessibility Other
Garage N
Building
Foundation Stone, Concrete Perimeter
Sewer Public Sewer
Water Public
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 782659600
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Colin J Conway • KW Philly