Philadelphia, PA 19123,925-29 N BROAD ST
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Philadelphia, PA 19123,925-29 N BROAD ST
Philadelphia, PA 19123,925-29 N BROAD ST
Philadelphia, PA 19123,925-29 N BROAD ST
Philadelphia, PA 19123,925-29 N BROAD ST

$2,350,000

Est. payment /mo

$2,495,000

5.8%
Est.Price: ?

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925-29 N BROAD ST Philadelphia, PA 19123

10,560 Sqft Lot

SOLD DATE : 10/19/2016

Key Details

Sold Price $2,350,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Avenue Of The Arts

MLS Listing ID 1002381002

Year Built 1926

Annual Tax Amount $28,172

Tax Year 2016

Lot Size 10,560 Sqft

Property Description

Concrete and steel, 3 1/2 story building, with ground floor retail tenant in place till 8/17. 26,112sf above grade + 8,500sf lower level. Building is vacant (except for 1st floor). CMX4 zoning allows for additional square footage (up to 52,800sf above grade) and Residential or Commercial use. Structure is massive and solid. Interior is gutted. Avenue of the Arts North is the new connection between City Hall and Temple University. New development projects in the immediate area include; Eric Blumenthal's Divine Lorraine renovation underway, renovation of "The Met," The new Temple University Stadium - construction about to begin and new luxury residential development everywhere. Listing price is based on recent comparable sales on Broad Street and on recent land sales in area on a $/sf basis. Opportunity for Investor or Owner/User. Also Available; 10,000+sf vacant commercial lot around the corner at 1309 Cambridge St, mls#6768177

Location

State PA

County Philadelphia

Area 19123 (19123)

Zoning CMX4

Rooms

Other Rooms Primary Bedroom

Exterior

Water Access N

Building

New Construction N

Schools

School District The School District Of Philadelphia

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Bright MLS (BMLS)
Listed by Robert S Peronne • Long & Foster Real Estate, Inc.
Bought with Yan Jiang • LNY Realty, LLC

Jason Gareau

Broker

+1(609) 929-4486

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