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Key Details
Sold Price $698,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 11,044 sqft
Price per Sqft $63
Subdivision Harrowgate
MLS Listing ID PAPH2022676
Sold Date 12/30/21
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $3,499
Tax Year 2021
Lot Size 10,071 Sqft
Acres 0.23
Property Description
Attention Investors & Developers, BIG Opportunity in up and coming Harrowgate. This is a multiple parcel (5), package sale, including 1 building and 3 lots. Right off of bustling Frankford Avenue, you will find this Willard Street building and lot package. Sale includes 2024, 2026, 2028 E Willard (vacant lots), 2030-32, and 2034-38 E Willard (building). Total building square footage is 11,044 sq ft, and total combined lots square footage is 10,071 sq ft. 2021 annual tax total for all 5 parcels $3499. Building zoning is ICMX (Industrial Commercial Mixed Use), lending itself to many uses including light manufacturing, auto, artist workshop, foundry, or contractor workspace, storage and approved for auto body repair. Currently utilized as an auto garage on the first floor with offices above on the second floor. 1st floor auto garage has multiple overhead doors and mechanical car lifts. 2nd floor can possibly be developed into residential spaces. 2nd floor offices include 5 powder rooms, a kitchen, 3 egresses, and 3 AC systems. Large yard space behind the 1st floor auto garage. Adjacent lot for parking, fitting approximately 10 vehicles. 3 vacant lots next door are also zoned ICMX with the possibility to develop into residential units. This property package borders Harrowgate and Port Richmond, mere steps away from both Kensington and Frankford avenues, both popular commercial corridors serving the surrounding up and coming areas. Harrowgate finds itself as the next popular neighborhood for artists and creatives embracing opportunities to have a live/work space. An energized and up and coming neighborhood, these significant parcels present a great acquisition opportunity for the savvy investor or developer. Clean Phase 1 available for review. Easy to show, schedule today!
Location
State PA
County Philadelphia
Area 19134 (19134)
Zoning ICMX
Interior
Hot Water Natural Gas
Heating Forced Air, Hot Water
Cooling Zoned
Heat Source Natural Gas
Exterior
Garage Spaces 10.0
Waterfront N
Water Access N
Accessibility Other
Parking Type Parking Lot
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 882972185
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Sokhoung Choing • Red Door Real Estate