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$1,495,000
Est. payment /mo
6,593 Sqft Lot
UPDATED:
08/25/2024 08:05 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision South Kensington
MLS Listing ID PAPH2364802
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $6,913
Tax Year 2024
Lot Size 6,593 Sqft
Acres 0.15
Lot Dimensions 56.00 x 110.00
Property Description
Incredible investment opportunity in the Norris Square neighborhood, located directly in the path of developement along N 2nd St. and just two blocks from Fishtown. This neighborhood is the next to take off with a thriving community, proximity to Norris Square park (a public park larger then Rittenhouse Square) and a block from the American Ave coridor that is receiving millions in funding for street scape impovemenst and large scale development projects. This 3 story warehouse has concrete flooring on the first floor and wood flooring and timber beems on the upper floors. Abutting three streets including Palthorp, Norris and 2nd street, it has the option for off street parking accessed from Norris with an extra large roll up garage door with a possible 8 car parking. With the CMX2 zoning you can built up to 5 floors with a total of 36 residential units and commerical with the added green roof and affordable unit bonus, or renovate the building and create true loft units for a possible 21 residential units plus commerical. The zoning alos allows for a multitude of business ideas or use for storage.
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning I2
Interior
Hot Water Electric
Heating None
Cooling None
Flooring Hardwood, Concrete
Heat Source None
Exterior
Garage Spaces 7.0
Water Access N
Roof Type Flat,Rubber
Accessibility None
Total Parking Spaces 7
Garage N
Building
Sewer Private Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 884343635
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Listed by Lara Ertwine • SERHANT PENNSYLVANIA LLC
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