$650,000
$699,900
7.1%For more information regarding the value of a property, please contact us for a free consultation.
2,200 Sqft Lot
SOLD DATE : 07/10/2017
Key Details
Sold Price $650,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Old City
MLS Listing ID 1003637807
Sold Date 07/10/17
HOA Y/N N
Originating Board TREND
Year Built 1916
Annual Tax Amount $6,877
Tax Year 2017
Lot Size 2,200 Sqft
Lot Dimensions 40 X 121
Property Description
Prime Old City second level commercial space in the seven-story ?historic Daniel Building condominium, a classic 1920's art deco ?loft building? with two elevators, dramatic ?ceiling heights, polished concrete floors, concrete columns, and over sized industrial windows front and back, allowing abundant natural light. ?Zoned ?mixed use commercial CMX-3, the walk-in street level space offers businesses high pedestrian and vehicular traffic counts and excellent visibility. Property faces historic and quaint cobble stoned Church Street. ?The neighborhood is served by public transportation at the corner and is an eclectic mix of residential? condos?,? ?retail stores, art galleries, theaters, restaurants?, coffee shops? and live-work lofts. ZONING CMX-3 and allows residential, commercial-professional office use, retail, galleries, showrooms, art, architecture, engineering, design, medical, tech offices and other uses. This specific stretch of North 3rd Street has been branded "N3rd Street" (Nerd Street) as it is home to an strong and expanding concentration of start-ups, especially the tech sector. ?Tech companies on this N3rd St corridor may be eligible for up to $100,000 in tax credits offered through the Keystone Innovation Zone program. Total approx. 2,200 SF. Lease price $20/SF Triple Net. Units 101-102-201-202 combined, it is approx. 12,400 square feet for $3.3 million. There is the possibility for more space in this building for up to 20,000 square feet.
Location
State PA
County Philadelphia
Area 19106 (19106)
Zoning CMX3
Rooms
Other Rooms Primary Bedroom
Interior
Flooring Heavy Duty
Fireplace N
Exterior
Waterfront N
Water Access N
Road Frontage Boro/Township
Garage N
Building
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 888059148
Ownership Condominium
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Bought with Brittany Nettles • Keller Williams Philadelphia
Specializing in buyer, seller, tenant, and investor clients. We sell heart, hustle, and a whole lot of homes.
Nettles and Co. is a Philadelphia-based boutique real estate team led by Brittany Nettles. Our mission is to create community by building authentic relationships and making one of the most stressful and intimidating transactions equal parts fun, comfortable, and accessible.