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.