856-701-3259
500 N 13th St, Philadelphia, PA for Sale
Apartments - FOR SALE
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500 N 13th St
Philadelphia, PA 19123
Avenue Of The Arts Central


HIGHLIGHTS

  • Preservation Project with Three-Story Overbuild
  • Oversized Rental Apartments with Cafe/Flex Workspaces on Ground Floor
  • Exposed Timber, Cast Iron, Brick
  • Bi-level Units, Private Terraces, Common Roof Deck
  • Centralized City Location with Access to New Grocers, Transit, Food & Beverage, etc

OVERVIEW

SCOPE is pleased to present Freedom Lofts, completed in 2023, a 23-unit mixed-use asset located in the Callowhill neighborhood of Philadelphia, PA. Rich with history, Freedom Lofts is a newly redeveloped property that features a unit mix of 11 one-bed, one-bath units, five one-bed, one-and-a-half-bath units, three two-bed, one-bath units, and four two-bed, two-bath units. The property includes ground floor retail space that features approximately 5,250 SF of leasable space. Building amenities include a roof deck with unobstructed skyline views, an elevator, a trash chute on each floor, and a backup generator. Certificate of occupancy was obtained for upper floors in October 2023. The designer kitchens feature matte black flat panel cabinetry, a Samsung appliance package, and oversized islands with natural stone counters and a leather finish. There is exposed brick, timber, and cast iron throughout the building. The living room areas are spacious and bright with abundant natural light. The bedrooms have custom built-in closets. The bathrooms have neutral-tone tiling with floating vanities, glass shower enclosures, and matte black hardware. Custom Anderson windows and doors are installed in each unit. The fourth-floor residences all have their own private terraces. The fifth-floor residences are all Bi-Level open penthouse units with massive double-height ceilings.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

23

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Freedom Lofts

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1915

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,326 SF

ZONING

CMX-4

APN/PARCEL ID

881519532

ASK ABOUT THIS PROPERTY

Phil SharrowSCOPEMore Info
856-701-3259

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Phil SharrowSCOPEMore Info
856-701-3259

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