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Key Details
Sold Price $2,800,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Northern Liberties
MLS Listing ID 1000311315
Sold Date 12/31/17
HOA Y/N N
Originating Board TREND
Year Built 1935
Annual Tax Amount $7,258
Tax Year 2017
Lot Size 0.392 Acres
Acres 0.39
Lot Dimensions 102X145
Property Description
Attn Investors & developers. 9600 sq ft commercial building with long term tenant (now month to month) since 2010 . Tenant pays approximately 7k/month. Property is in the heart of N. Liberties. Tons of potential here. Keep the tenant and enjoy the appreciation as the area continues to evolve in your buy & hold strategy. For the developer perhaps build on top to the existing structure condo's/apartment and use the lower level as indoor parking for the units above. Another possibility is commercial space(stores)on the 1st flr with units above. The lot itself is approximately 17k sq ft and offers pretty good parking now. There is an office behind the counter with 1 bathroom. Location is minutes from center city via N.2nd street. With the Piazza next store and N.2nd business community growing this is desirable location. Public trans with the Girard ave trolley at the corner and Market/Frankford line couple blocks away makes this a convenient location. Minutes to the Ben Franklin Bridge(to NJ) is another benefit. All the development on the north side of Girard(19122) will only help the N. Liberties area grow in value and desirability.
Location
State PA
County Philadelphia
Area 19123 (19123)
Zoning IRMX
Rooms
Other Rooms Primary Bedroom
Interior
Flooring Heavy Duty
Fireplace N
Exterior
Water Access N
Roof Type Flat
Garage N
Building
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 884036052
Ownership Fee Simple
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Bought with Maria Maria Quattrone Quattrone • RE/MAX @ HOME