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Philadelphia,PA 19116
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 6,210 sqft
Price per Sqft $330
MLS Listing ID PAPH2422152
Originating Board BRIGHT
Year Built 1892
Annual Tax Amount $14,644
Tax Year 2024
Lot Size 0.823 Acres
Acres 0.82
Lot Dimensions 167.00 x 174.00
Property Description
Historic Building in the heart of Somerton sitting on .82 acres of land with plenty of parking. The building was completely renovated in 2007, including a new roof, energy-efficient windows, 2 heating sources, central air, all updated plumbing, and electric service. Spanning over 6200 sq ft space on two floors with high ceilings plus a full basement for utilities and storage. The property is approved for business and professional offices as permitted in C-2 commercial district. The property is currently leased through May 2025 and is licensed as a daycare facility. 2024 Annual Rent $93,600.00 with annual increases through the end of the lease term and all utilities. Perfect opportunity for both savvy commercial investors and entrepreneurs who want to start their business!
Location
State PA
County Philadelphia
Area 19116 (19116)
Zoning RSD1
Interior
Hot Water Electric
Heating Radiator
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 15.0
Water Access N
Accessibility None
Total Parking Spaces 15
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 882680703
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition REO (Real Estate Owned)