$2,350,000
$2,495,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
925-29 N BROAD ST Philadelphia, PA 19123
10,560 Sqft Lot
Key Details
Sold Price $2,350,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Avenue Of The Arts
MLS Listing ID 1002381002
Sold Date 10/19/16
HOA Y/N N
Originating Board TREND
Year Built 1926
Annual Tax Amount $28,172
Tax Year 2016
Lot Size 10,560 Sqft
Acres 0.24
Lot Dimensions 66X160
Property Description
Concrete and steel, 3 1/2 story building, with ground floor retail tenant in place till 8/17. 26,112sf above grade + 8,500sf lower level. Building is vacant (except for 1st floor). CMX4 zoning allows for additional square footage (up to 52,800sf above grade) and Residential or Commercial use. Structure is massive and solid. Interior is gutted. Avenue of the Arts North is the new connection between City Hall and Temple University. New development projects in the immediate area include; Eric Blumenthal's Divine Lorraine renovation underway, renovation of "The Met," The new Temple University Stadium - construction about to begin and new luxury residential development everywhere. Listing price is based on recent comparable sales on Broad Street and on recent land sales in area on a $/sf basis. Opportunity for Investor or Owner/User. Also Available; 10,000+sf vacant commercial lot around the corner at 1309 Cambridge St, mls#6768177
Location
State PA
County Philadelphia
Area 19123 (19123)
Zoning CMX4
Rooms
Other Rooms Primary Bedroom
Interior
Fireplace N
Exterior
Waterfront N
Water Access N
Road Frontage State
Parking Type None
Garage N
Building
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 883525515
Ownership Fee Simple
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Bought with Yan Jiang • LNY Realty, LLC