14,000 SqFt
14,000 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 14,000 sqft
Price per Sqft $282
MLS Listing ID PAPH2516298
Year Built 2020
Annual Tax Amount $3,252
Tax Year 2024
Lot Size 3,600 Sqft
Acres 0.08
Lot Dimensions 36.00 x 100.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
also feature high-end finishes such as gourmet kitchens with quartz counters, stainless steel appliances & white cabinets; tile surround bathrooms; and pre-engineered plank flooring and tile flooring throughout. All units are self-contained, with washer and dryer in each unit. The property features new systems, i.e. HVAC, sprinkler system throughout, hard wired smoke and fire system, electric, and plumbing. There is potential to add private storage units for each residential unit, which could bring an additional $6,600 per year or more in rental income. Under the current zoning code, the property is legally zoned for and could be easily converted to a short term rental building. The seller has previously received offers from multiple short term rental operators to master lease all of the residential units at substantially higher rents.
The commercial space is leased to Dock Street Brewery as a tap/ tasting room. Established in 1985, Dock Street is one of Philadelphia's oldest microbreweries. Dock Street is a fantastic fit for the bustling commercial corridor of N. Front St., joining neighboring tenants Middle Child Clubhouse, WM Mulherin's Sons, Front Street Café, Train and Nourish Studio, Halcyon Floats, Liberty Kitchen and many more restaurants and retailers. The property is extremely well located in the core of Fishtown, right at the steps of the Girard Ave stop for the Market-Frankford Line. Fishtown was recently featured in Forbes magazine in an article titled, “Fishtown, Philadelphia Is Still One Of America's Hottest New Neighborhoods”. Located north of Center City, the neighborhood is home to some of the best restaurants and bars with a diverse demographic of families, young professionals, hipsters and artists. The property is ideally located along the I-95 corridor for easy access to downtown Philadelphia, South Jersey, and the Philadelphia suburbs.
Location
State PA
County Philadelphia
Area 19125 (19125)
Zoning CMX3
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 3.0
Water Access N
Accessibility Elevator
Total Parking Spaces 3
Garage N
Building
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District Philadelphia City
Others
Tax ID 881005922
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "