$3,550,555
$4,200,000
15.5%For more information regarding the value of a property, please contact us for a free consultation.
6,156 SqFt
SOLD DATE : 04/11/2022
Key Details
Sold Price $3,550,555
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 6,156 sqft
Price per Sqft $576
Subdivision East Kensington
MLS Listing ID PAPH907202
Sold Date 04/11/22
HOA Y/N N
Originating Board BRIGHT
Year Built 1965
Annual Tax Amount $5,062
Tax Year 2021
Lot Size 0.465 Acres
Acres 0.46
Lot Dimensions 150.25 x 150.00
Property Description
Incredible opportunity to develop a large 20,260 sf lot, in a designated Federal Opportunity Zone, in the East Kensignton/Fishtown area. This neighborhood is booming with development, 1 block to a subway stop, close to Frankford Ave, and all the hot spots in Fishtown. Build 5 stories by-right, perfect location for an apartment building as the demand continues to increase in this area for rentals. Currently used as a mechanic shop, with a 1 story building on part of the lot.
Location
State PA
County Philadelphia
Area 19125 (19125)
Zoning IRMX
Interior
Hot Water Other
Heating Baseboard - Electric
Cooling None
Heat Source Electric
Exterior
Garage Spaces 16.0
Waterfront N
Water Access N
Accessibility None
Parking Type Private Garage, Other
Total Parking Spaces 16
Garage N
Building
Sewer Private Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 882966935
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Lara Ertwine • Keller Williams Philadelphia
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "