1216-1220 Arch St - Office CONDO FOR SALE


Philadelphia, PA 19107- Center City East
$2,900,000 USD
215-568-2600
1216-1220 Arch St, Philadelphia, PA for Sale
$2,900,000 USD
Office CONDO - FOR SALE
1/30
null | Request Cap Rate

1216-1220 Arch St
Philadelphia, PA 19107
Center City East


OVERVIEW

Welcome to 1218 Arch Street, a rare opportunity to own a large ground floor commercial condominium in the heart of Philadelphia, directly across from the Convention Center and Reading Terminal. Located just a block from Market Street, Broad Street, City Hall, public transportation and parking, hotels, cultural attractions, restaurants and retail. The ground floor consists of 12,350 SF with a retail storefront and loft-style interior, including high ceilings, hardwood floors, exposed brick and columns. This fully built out space includes a large open meeting room, two conference rooms, partitioned offices, kitchenette, men's and women's restrooms, and a loading area directly accessible from Cuthbert Street. The basement area is over 12,000 SF with 12' ceilings -- an unusually large and usable block of space for storage or back-of-house operations. A small portion of this basement space is leased to AT&T and T-Mobile, generating significant revenue for the owner of this unit. Do not miss this rare opportunity to own a large ground floor commercial space in the heart of Center City, Philadelphia!

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$119 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Young Smyth Field Bldg

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

100,000 SF

STORIES

8

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

CMX5

APN/PARCEL ID

883305700,883305720,883305730,883305740

ASK ABOUT THIS PROPERTY

Josh WeissMSCMore Info
215-568-2600

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Josh WeissMSCMore Info
215-568-2600

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