1229 N Broad St - Office FOR SALE


Philadelphia, PA 19122- Avenue Of The Arts North
$4,450,000 USD
267-689-7355
1229 N Broad St, Philadelphia, PA for Sale
$4,450,000 USD
Office - FOR SALE
1/5
null | Request Cap Rate

1229 N Broad St
Philadelphia, PA 19122
Avenue Of The Arts North


OVERVIEW

Prime Development Opportunity in Thriving North Broad Corridor. Seize this exceptional chance to be at the epicenter of North Philadelphia's revitalization. This prominent 30,000 sq ft commercial site is ideally situated just steps from the major Broad Street and Girard Avenue intersection, one of the city's most vibrant transit hubs. With Unbeatable Accessibility and Amenities in the surrounding area. Features Direct access to the Broad Street subway line and Cecil B. Moore station just a 10-minute walk away. Surrounded by a wealth of retail, dining and entertainment options like the new AMC theater at Avenue North. Close proximity to Temple University and Center City. Recent groundbreaking of the 171-unit mixed-use project with Lidl grocery anchor just steps away. Be Part of Broad Street's Transformation, North Broad is experiencing a development renaissance with major projects like the Lidl mixed-use project along with other upcoming projects on the 900 block of N Broad St as well as another 28 story proposed project on the 1500 block of N Broad St and of course Shops At Avenue North paving the way. Your 4-story, 30,000 sq ft CMX3 zoned building can be the next catalyst, offering prime retail on the ground floor to enhance walkability on this rejuvenated corridor. This is 4 stories zoned CMX3 for mixed-use development, Garage doors in rear with indoor parking spaces, Spans full street-to-street from N Broad St to W Thompson St, Elevator servicing all 4 floors, Near Temple Sports Complex, Howard Gittis Student Center. Just blocks from Temple University's main campus. This is a solid Versatile Development Potential to offering Retail/office space to serve Temple's student population and potential Residential units in prime location near campus. Turn your vision and imagination into a reality! Flexible for retail, office, residential or mixed-use. With incredible transit access, an influx of new residents, and rapidly increasing amenities, this is a rare opportunity to be at the forefront of North Broad's exciting revitalization. An exceptional investment for the forward-thinking developer, contact us today! Property sold in "As Is" condition. Buyers are responsible for City Certification.

FOR SALE DETAILS

PRICE

$4,450,000 USD

PRICE/SF

$159 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1907

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

8,000 SF

ZONING

C3

APN/PARCEL ID

882008800

ASK ABOUT THIS PROPERTY

Tahzib BacchusRealty Mark AssociatesMore Info
267-689-7355

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Tahzib BacchusRealty Mark AssociatesMore Info
267-689-7355

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