9,700 SqFt
9,700 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 9,700 sqft
Price per Sqft $319
Subdivision Northern Liberties
MLS Listing ID PAPH2452892
Originating Board BRIGHT
Year Built 1848
Annual Tax Amount $9,798
Tax Year 2024
Lot Size 5,009 Sqft
Acres 0.11
Lot Dimensions 67.00 x 75.00
Property Sub-Type Mixed Use
Property Description
Located in one of Philadelphia's most sought-after neighborhoods, this nearly 10,000 SF mixed-use property offers unmatched investment potential. Zoned CMX-2.5, this Iconic building – formerly a church, theatre and social club – is rich in character and retains remarkable historic elements including original ceiling murals and a repurposed stage. High ceilings (18–20 ft) and open floor plans on both levels as well as a 4,500 sq ft basement allow for endless possibilities.
Additional adjacent 2,500 Sq ft vacant lot is available for sale separately, if combined, the two properties would offer an approximate 7,500 sq ft footprint of redevelopment opportunity. MLS# PAPH2452904
An 8-year NNN lease currently in place through 12/31/2026 and a stable tenant eager to renew, this is a rare opportunity for investors or developers to secure a piece of Northern Liberties with long-term upside with a NOI of $183,000.
This one-of-a-kind property is just steps away from Philadelphia's premier dining, art galleries, and nightlife, as well as inviting community parks and green spaces. With both Penn's Landing and Old City within easy walking distance, its appeal is truly unmatched.
Easy accessibility to Public Transit & Highways – Conveniently located near I-95, I-676 on-ramps and steps from the Market- Frankford Line.
Property viewing times are limited to evenings after 6:00 PM and weekends due to the business operations of the current tenant which is a childcare center. A 3D tour and property website are available for a comprehensive virtual tour of the building due to the limited in person showing times.
Location
State PA
County Philadelphia
Area 19123 (19123)
Zoning CMX2.5
Interior
Hot Water Natural Gas
Heating Hot Water, Forced Air
Cooling Central A/C, Window Unit(s)
Flooring Wood, Vinyl
Inclusions Blower in basement
Heat Source Natural Gas
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available
Water Access N
Roof Type Rubber
Street Surface Black Top
Accessibility None
Road Frontage City/County
Garage N
Building
Foundation Stone, Brick/Mortar, Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 882017730
Ownership Fee Simple
SqFt Source Assessor
Security Features Fire Detection System,Security System
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Financing Cash,Conventional,Exchange
Special Listing Condition Standard
Virtual Tour https://my.matterport.com/show/?m=uSN3csedn4A&brand=0&mls=1&
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