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Key Details
Sold Price $1,525,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 12,560 sqft
Price per Sqft $121
Subdivision Northern Liberties
MLS Listing ID PAPH2300276
Sold Date 06/20/24
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $7,138
Tax Year 2023
Lot Size 4,014 Sqft
Acres 0.09
Lot Dimensions 38.00 x 106.00
Property Description
Multi-Family Development Opportunity on corner property. 250 West Girard Avenue is located in the Northern Liberties Section of Philadelphia, one of the hottest areas in the City. The property has 38’ of frontage on W. Girard Avenue and 106’ of frontage on North 3rd Street. The Property is an improved shell condition – the perfect canvas for any builder/developer to complete. Completed Major CapX improvements include new Anderson windows, new roof, masonry/brick façade, stainless steel appointments to façade. This corner property already has zoning approval for the construction of 7 residential units and 1 retail/commercial unit. Building plans call for the construction of a third story with exterior decks (plans available upon request). Current zoning is CMX-2 which permits numerous other commercial and retail uses. Each floor consists of 4,187 square feet of space. The first and second floors have been cleared of all partitions and is currently in an open shell condition. 12’ ceilings make both first and second floors incredibly open and airy. Basement open space with high ceilings, primed for occupancy. This property sits in one of the hottest development areas in the City with thousands of rental units being built in the immediate vicinity. This property would make a valuable addition to any investor, builder or retail/commercial user.
Location
State PA
County Philadelphia
Area 19123 (19123)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating None
Cooling None
Flooring Rough-In
Heat Source None
Exterior
Waterfront N
Water Access N
View Street
Roof Type Rubber
Street Surface Paved
Accessibility None
Parking Type On Street
Garage N
Building
Lot Description Corner
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools James R. Ludlow School
Middle Schools James R. Ludlow School
High Schools Kensington
School District The School District Of Philadelphia
Others
Tax ID 884340615
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Private
Listing Terms Cash, Conventional, Private
Financing Cash,Conventional,Private
Special Listing Condition Standard
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