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Key Details
Sold Price $700,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,925 sqft
Price per Sqft $178
Subdivision Northern Liberties
MLS Listing ID PAPH2015006
Sold Date 09/09/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $6,452
Tax Year 2021
Lot Size 1,613 Sqft
Acres 0.04
Lot Dimensions 20' x 81'
Property Description
Your development opportunity awaits in hot...hot...hot Northern Liberties. 734 N. 2nd Street is placed in a prime block of highly desirable retail and business district of Northern Liberties. New development and growth abounds this property as well as most of N. 2nd St. from Spring Garden to Girard Ave as well as adjacent street forming the heart of the libs business district. This property is just waiting for new ownership to rehab and redevelop using their imagination to create a new mixed use project. Why pay rent when you can have your own commercial retail space at street level with your owner's living quarters above your business OR perhaps develop several apartment units on these upper floors generating additional income. Presently the 1st floor of 734 N. 2nd Street (approximately 1,450 sf of area) is open retail with 2 piece bath and a rear enclosed shower area. The 1st floor is heated and air conditioned with forced warm air heat. The 1st floor is presently utilized for owner storage. The 2nd (approximately 955 sf), 3 and 4th levels (each approximately 760 sf) of this property are totally OPEN and ready for design, layout, framing and utilities. There is no heat, plumbing or electric on these floors. There is a full unfinished basement under the entire 1st floor area.
Location
State PA
County Philadelphia
Area 19123 (19123)
Zoning CMX 2.5
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Other, Laminated, Carpet
Heat Source Natural Gas, Electric
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available
Waterfront N
Water Access N
Roof Type Built-Up,Asbestos Shingle,Unknown
Accessibility Other
Road Frontage City/County, Public
Parking Type On Street
Garage N
Building
Foundation Other, Brick/Mortar
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Kearny Gen
High Schools Franklin B
School District The School District Of Philadelphia
Others
Tax ID 871509480
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, Negotiable, Other
Listing Terms Cash, Conventional, Negotiable, Other
Financing Cash,Conventional,Negotiable,Other
Special Listing Condition Standard
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Bought with Yulin Zheng • Realty Mark Associates - KOP
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