2810-2812 N Broad St - Loft/Creative Space FOR SALE


Philadelphia, PA 19132- Avenue Of The Arts North
$499,000 USD
610-952-0848
2810-2812 N Broad St, Philadelphia, PA for Sale
$499,000 USD
Loft/Creative Space - FOR SALE
1/40
null | Request Cap Rate

2810-2812 N Broad St
Philadelphia, PA 19132
Avenue Of The Arts North


HIGHLIGHTS

  • Heavy Broad Street traffic and high business visibility
  • Opportunity Zone and special benefit possible
  • Located in Avenue of the Arts North cultural district

OVERVIEW

Presenting a freestanding CMX3 Commercial Mixed-Use building, with a combined footage of 8036 SF, including a partially finished basement. The sale offer is accompanied by an adjacent fenced lot, 1412 W Rush St, offering a combined land area of 4544 SF. The property features a 37’ frontage on Broad Street, is strategically positioned between Temple University’s main campus and its medical school, with convenient walking access to over 10 public transportation routes. Property Details: • Building Size: 4736 SF across the first and second floors, 3300 SF in partially finished basement • Parking: On-site parking for 4 vehicles, with a wheelchair-accessible ramp • Two staircases providing easy access and fire escape routes from basement to the first floor • Two shower rooms • Heating: Electric baseboard heating, oil boiler, radiators and some existing ductwork for future zoned HVAC systems • Cooling: Window A/C units • Camera monitoring and fire alarm system • Utilized formerly as a workers’ union headquarter, Western Union, detective/security/alarm agencies, pet services and most recently an adult day care center Investment Highlights: • Located in Opportunity Zone, may be eligible for certain capital gains tax benefits. Since properties have been vacant for over 3 years, special Opportunity Zone benefit of significant improvement exemption may apply. • This sale is for a package deal only, comprising of two parcels of real estate, which cannot be purchased separately. •. This offer presents a rare opportunity for investors, business owners and developers seeking a versatile commercial space in a prime location with strong growth potential.

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$62 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Building and Fenced Vacant lot

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Bank, Day Care Center, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

CMX3 & RSA5

APN/PARCEL ID

111014200,883361895

ASK ABOUT THIS PROPERTY

Mr. Alex WongRealty Mark AssociatesMore Info
610-952-0848

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Mr. Alex WongRealty Mark AssociatesMore Info
610-952-0848

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.