$1,900,000 120 Arch Street Old City

MLS: 1000297125   Type: Commercial   County: Philadelphia   City: Philadelphia   Area: 19106   Neighborhood: Old City   Zip: 19106   Style: Commercial     Taxes: $18,582

Mortgage $8,920 /mo

Beds

Baths

Half Baths

Sqr Footage

Lot Size

Built

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

11/8/2017 Listed $1,900,000

Business Type Commercial
County/Parish PHILADELPHIA
Exclusions Lighting Fixtures & Business Inventory
MLS Area 19106 (19106)
New Construction N
Possession 61-90 Days CD
Price Per Sq Ft 223.53
Property Type Commercial Sale
Tax Year 2018
Vacation Rental Y/N N
Zoning CMX3

Interior Features

Central Air Y/N N
Hot Water Natural Gas

Exterior Features

Construction Materials Brick
Lot Dimensions 25X90
Lot Size Acres 0.05
Lot Size Square Feet 2255.00
Navigable Water Y/N N
Number of Buildings 1
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://www.plumerre.net/property/16-1000297125-120-Arch-Street-Philadelphia-PA-19106

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Property vs Zip Code Avg (19106)

Price 1.90M Avg 527K

Sqr Feet 8,500 Avg 1,521

Cost / Sqr Ft $224 Avg $347

Taxes $18,582 Avg $14,121

Acres 0.05 Avg 0.05

Visits 972 Avg 80

Walkscore® 97 Avg 98

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Listing Provided Courtesy Of: Plumer & Associates Inc




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Location & Address

Plumer & Associates, Inc.
226 South Street
Philadelphia, PA
215-922-4200
215-922-7774