120 Arch Street

    PHILADELPHIA, PA 19106
    • $1,900,000
    • STATUS: Active
    • ON SITE: 165 days
    • ID#: PAPH507582
    UPDATED: 8 min ago
    $1,900,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,500
      SQFT
    • $224
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1917
    County:

    School Ratings & Info

    Description

    Prime Old City grand commercial property. Surrounded by walking streets, great architecture, cafe's, restaurants, landmark historic sites and so much new development! The large scale development at the "National" site is well under way with a proposed 180 unit mixed use complex just across the street. 120 Arch consists of 4 floors of great Old City loft space. High ceilings, big & bright windows, working freight elevator, exposed brick and industrial duct-work. Rear of the property has windows that have been bricked up that could be reinstalled for apartment conversion. 1st & 2nd floor is a high-end boutique in business for many years, 3rd floor is built out & has a short term lease for office space, 4th floor vacant & needs renovation. Superb location for a mixed use redevelopment, possible apt/condo conversion and prime street traffic for a wide range new commercial tenants. Possible owner occupant uses as well with income. A beautiful well maintained building, Historical facade, CMX3 zoning, and huge potential for investment!

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    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-06-18T21:55:22.563.
    www.marylandrealestatesearch.com/homes/90565959

    120 Arch Street PHILADELPHIA, PA 19106

    • Price: $1,900,000
    • Status: Active
    • Updated: 8 min ago
    • ID#: PAPH507582
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    8,500
    SQFT
    $224
    $/SQFT
    1917
    Built
    Neighborhood:
    Old City
    County:
    Philadelphia
    Area:
    19106 (19106)
    School District:
    The School District Of Philadelphia
    Property Description
    Prime Old City grand commercial property. Surrounded by walking streets, great architecture, cafe's, restaurants, landmark historic sites and so much new development! The large scale development at the "National" site is well under way with a proposed 180 unit mixed use complex just across the street. 120 Arch consists of 4 floors of great Old City loft space. High ceilings, big & bright windows, working freight elevator, exposed brick and industrial duct-work. Rear of the property has windows that have been bricked up that could be reinstalled for apartment conversion. 1st & 2nd floor is a high-end boutique in business for many years, 3rd floor is built out & has a short term lease for office space, 4th floor vacant & needs renovation. Superb location for a mixed use redevelopment, possible apt/condo conversion and prime street traffic for a wide range new commercial tenants. Possible owner occupant uses as well with income. A beautiful well maintained building, Historical facade, CMX3 zoning, and huge potential for investment!
    Exterior Features

    Architectural Style Other Construction Materials Brick Direction Faces North Garage YN No Other Structures Above Grade Parking Types On Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 8500 Basement Full Basement YN Yes Below Grade Unfinished Area 2000 Building Area Total 8500.00 Cooling Central A/C Exclusions Lighting FixturesBusiness Inventory Fireplace YN No Heating YN Yes Interior Features Elevator Laundry Type None Room List Master Bedroom Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0 Units Furnished All

    Property Features

    Accessibility Features None Annual Gross Expense 12136.00 Association YN No Central Air YN Yes Condo YN No Cooling Fuel Natural Gas Cross Street 2ND Heating Fuel Natural Gas Historic YN Yes Hot Water Natural Gas Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 301277854428 Ownership Interest Fee Simple Possession 90-120 Days Cd Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type Row/Townhouse Tax Annual Amount 18582.0 Tax Assessment Amount 1327500.0 Vacation Rental YN No Water Source Public Window Features Wood Frame Zoning Cmx3

    Listing courtesy of Plumer & Associates Inc.
    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-06-18T21:55:22.563.
     
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