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COMMERCIAL RETAIL ENTREPRENEUR ALERT: This ground-level space is a strategic corner location steps from the train to Center City and sits in the center of massive nearby residential development. The first-floor space is capped with a tall 11.5' ceiling throughout. A 1,000 SF basement holds mechanicals. Historically this building has been used as a grocery. It presently offers a large 'walk-in' for refrigeration and a deli area with a superb high-capacity pizza hearth. Today this space works nicely as a redefined modern grocery, market, pharmacy, or foodservice commissary. The space also works nicely as an expansive corner department store. Let your imagination go to work to create a great retail model to serve the skyrocketing residential growth and development of the creative culture unfolding nearby. The building sits strategically one hundred feet from the York Street high-speed transit terminal to Center City. ||| This opportunity is 7,000 SF of open, expansive retail space available for immediate lease: 5-10 year negotiable lease, NNN. Single Tenant. No Sublease. The tenant is responsible for their buildout. NNN is approximately $0.185/SF/Month or $15,400 per year: 50% of property tax, insurance, water-sewer. Tenant pays all utilities, U&O, trash, and snow removal.
| DAYS ON MARKET | 1,835 | LAST UPDATED | 1/13/2022 |
|---|---|---|---|
| TRACT | EAST KENSINGTON | YEAR BUILT | 1900 |
| COMMUNITY | 19125 (19125) | COUNTY | PHILADELPHIA |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Jan 30, '20 | $154,000 |
|---|---|
| Jan 30, '20 - Jul 6, '21 | $12,500 |
| Jul 6, '21 - Today | $11,667 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 19125 (19125) |
| HEAT | Forced Air, Natural Gas |
| LOT | 6970 sq ft |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 128.00 x 128.00 |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | EAST KENSINGTON |
| UTILITIES | Natural Gas Available |
| WATER | Public |
| ZONING | Commercial Retail // Creative Office Space // Event Space |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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