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Property Overview

Price/Rent PSF $ 161,700.00
Asset Type Industrial
Trade Type Sale
SQ. FT. Available 6,000
Date Available 06/06/2019
Additional URL Link
Floors 1
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Description

Location
This property is located along West Somerset Street in the North Central neighborhood of Philadelphia. The City of Philadelphia is the central hub for the metropolitan area and is the primary economic and cultural center for the region as well. Center City Philadelphia is the largest employment center in the region and includes a diverse mix of office users. The City of Philadelphia traces its roots back to the founding of the United States and was the original capital of the United States. Overall, the region includes numerous historically significant attractions, making the City and region an international tourist destination.

The North Central neighborhood is fully developed and is commonly identified as being a residential area that is improved with two and three story rowhouses that were built in the early 1900’s. Main thoroughfares within the subject’s neighborhood are North Broad St., Allegheny Ave, and Lehigh Avenue. These thoroughfares provide ease of access to surrounding highway routes such as the Roosevelt Boulevard, and the Vine St. Expressway (Interstate 676), connecting this area to surrounding parts to the City of Philadelphia, along with outlying suburbs and bridges leading to Southern New Jersey.

Sale
Corner warehouse building located within three (3) blocks of major intersection of N. Broad St. This property is being sold as-is, where-is and provides for a great value-add opportunity. Needs work including new roof - priced accordingly *Please note, purchaser will need to pay both sides of U&O taxes; seller is a tax-exempt entity.

Location

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