215-484-0271
1849 E Venango St, Philadelphia, PA for Sale
Apartments - FOR SALE
1/5
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1849 E Venango St
Philadelphia, PA 19134
Kensington


HIGHLIGHTS

  • Compelling Urban Location
  • 16 Creative Offices
  • Extensively Renovated

OVERVIEW

1849 E. Venango Street, also known as The Chocolate Factory, is a mixed-use property with 11,513 sf of rentable area. The Property is a three-story former three-story industrial manufacturing facility developed in 1923 that was extensively renovated and converted into its current use in 2022. The property comprises 12 apartment units (all 1-bedroom, averaging 722 SF) and 16 creative offices which are between 150-200 square feet each. The Harrowgate 8 represents a compelling investment opportunity to acquire scale with value enhancement potential in a transforming neighborhood at a significant discount to replacement cost. Investors may bid on one asset, multiple assets or the entire portfolio.

FOR SALE DETAILS

PRICE

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# OF UNITS

12

CAP RATE

Request Cap Rate

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chocolate Factory Lofts

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

IRMX

APN/PARCEL ID

884844200

ASK ABOUT THIS PROPERTY

Bryan CheskyNorthmarqMore Info
215-484-0271

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Bryan CheskyNorthmarqMore Info
215-484-0271

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