1800 S 32nd St - Office FOR SALE


Philadelphia, PA 19145- Grays Ferry
$7,000,000 USD
908-938-7638
1800 S 32nd St, Philadelphia, PA for Sale
$7,000,000 USD
Office - FOR SALE
1/16
null | Request Cap Rate

1800 S 32nd St
Philadelphia, PA 19145
Grays Ferry


HIGHLIGHTS

  • 31,716 SF Office Building on 1.85 Acres
  • Adjacent to I-76 Expressway with over 95,000+ Vehicles Daily
  • Building Serviced by Two Elevators and Fully Sprinklered
  • Fully Secured Parking with 69 Spaces (2.18 per 1,000 SF)
  • Minutes from Center City Philadelphia & University City

OVERVIEW

1800 S 32nd Street, a traditional three-story office building spans approximately 31,716 square feet. Situated adjacent to the I-76 Schuylkill Expressway, access to the property is gained through a secured front gate on Vare Avenue. It previously served as the administrative offices for the Philadelphia Housing Authority ("PHA"). Strategically positioned, the property benefits from its proximity to the busy highway, which sees a daily traffic flow of over 95,000 vehicles. Additionally, Vare Avenue itself attracts over 6,400 vehicles each day. Despite this, the property boasts excellent sound insulation with dense glass glazing, ensuring that the noise from outside traffic remains imperceptible within its walls. The three-story rectangular building is fully equipped with fire protection measures, including sprinklers throughout, with mechanical systems located in the basement. Two elevators are present within the property, complemented by two fire-protected stairwells positioned at opposite ends of the building. The triangular site upon which the property sits provides approximately 69 parking spaces—a unique feature that distinguishes it within the area.

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$221 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical, Telecom Hotel/Data Hosting, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

69

LAND DETAILS

LAND ACRES

1.85 AC

LAND SF

80,586 SF

ZONING

RM-1

APN/PARCEL ID

482414810

ASK ABOUT THIS PROPERTY

Tommy ChoiGreenwood Commercial Real EstateMore Info
908-938-7638

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Tommy ChoiGreenwood Commercial Real EstateMore Info
908-938-7638

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