$1,900,000 120 Arch Street Old City

MLS: PAPH507464   Type: Commercial   County: Philadelphia   City: Philadelphia   Area: 19106   Neighborhood: Old City   Zip: 19106     Taxes: $18,582

Mortgage $8,920 /mo

Beds

Baths

Half Baths

Sqr Footage

Lot Size

Built

0

0

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8,500

2,178

1917

Prime Old City grand commercial property. Surrounded by walking streets, great architecture, cafe's, restaurants, landmark historic sites and so much new development! The large scale "National" site is well under way with a proposed 180 unit mixed use complex just across the street. 120 Arch consists of 4 floors of great Old City loft space. High ceilings, big & bright windows, working freight elevator, exposed brick and industrial duct-work. Rear of the property has windows that have been bricked up that could be reinstalled for apartment conversion. 1st & 2nd floor is a high-end boutique in business for many years, 3rd floor is built out & has a short term lease for office space, 4th floor is vacant & needs renovation. Superb location for a mixed use redevelopment, possible apt/condo conversion and prime street traffic for a wide range new commercial tenants. Possible owner occupant uses as well with income. A beautiful well maintained building, Historical facade, CMX3 zoning, and huge potential for investment!

Elementary School

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Price History

1/3/2019 Listed $1,900,000

Accessibility 32 + wide Doors, 36 + wide Halls
Cool Fuel Natural Gas
County/Parish PHILADELPHIA
Exclusions FF&E. Lighting Fixtures & Business Inventory
Historic Y/N Y
MLS Area 19106 (19106)
New Construction N
Price Per Sq Ft 223.53
Property Condition Average+Prop
Property SubType Retail
Property Type Commercial Sale
Tax Year 2019
Vacation Rental Y/N N
Zoning CMX3

Interior Features

Central Air Y/N Y
Clear Span Ceiling Height 12' to 15'
Cooling Central A/C
Flooring Hardwood
Heating Central
Heating Fuel Natural Gas
Heating Y/N Y
Hot Water Natural Gas
Number of Elevators 1
Total Restrooms 2

Exterior Features

Building Area Total 8500.00
Construction Materials Brick
Lot Dimensions 25X90
Lot Size Acres 0.05
Lot Size Source Assessor
Lot Size Square Feet 2255.00
Navigable Water Y/N N
Roof Flat
Sewer Public Sewer
Type of Parking None
Water Access Y/N N
Water Oriented Y/N N
Water Source Public
Water View Y/N N
Waterfront Y/N N

Property Schools



Direct Link:

https://leonaksman.plumerre.net/property/382-PAPH507464-120-Arch-Street-Philadelphia-PA-19106

Gallery (11 photos)

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Property vs Zip Code Avg (19106)

Price 1.90M Avg 534K

Sqr Feet 8,500 Avg 8,079

Cost / Sqr Ft $224 Avg $66

Taxes $18,582 Avg $16,996

Acres 0.05 Avg 0.07

Visits 170 Avg 36

Days on Site 194 Avg 194

Walkscore® 98 Avg 98

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Plumer & Associates Inc




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Location & Address

Leon Aksman
226 South Street
Philadelphia, PA
215-668-8899
215-922-7774