Address
1012 Callowhill Street, Philadelphia, PA
Price
$ 5,000,000
Property Attributes
- MLS#PAPH2317482
- TypeCommercial
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19123
- Zip19123
- StyleWarehouse
- Year Built1925
- Taxes$ 10918
- Price$ 5,000,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage7800
- Lot Size7,841 SqFt
Data Source:
Bright MLS
Property Description
Welcome to 1012-16 Callowhill Street, a prime commercial warehouse nestled in the heart of the flourishing Spring Garden district. This versatile property is strategically positioned in close proximity to Chinatown and Highway 676, offering unparalleled accessibility for seamless transportation. Zoned as Industrial Residential Mixed-Use, this dynamic space provides a unique opportunity for a variety of business ventures. Currently leased by a wholesaler, the property showcases a robust income stream while offering a blank canvas for your entrepreneurial vision. The strategic location within a rapidly growing area amplifies the investment potential of this property. You can take advantage of the thriving surroundings and capitalize on the burgeoning opportunities in the Callowhill. Boasting a spacious interior, the warehouse presents endless possibilities for customization and expansion. The open layout allows for flexible usage, making it ideal for various industries and ventures. Whether you're looking to continue the current leasing arrangement or embark on a new venture, the building's design and zoning provide the flexibility needed for success. In addition to its commercial appeal, the property's proximity to major transportation routes, including Highway 676, ensures convenient logistics for the efficient movement of goods and services. This strategic location enhances the property's value as a logistical hub, serving as a catalyst for business growth.
| Price History | |
|---|---|
| 2/2/2024 | Listed $5,200,000 |
| 4/18/2024 | 4% - $5,000,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | None |
| Cooling | Ceiling Fan(s) |
| Possession | Settlement |
| Zoning | IRMX |
| Construction Materials | Masonry |
| Exclusions | All Tenants Personal Property |
| Year Built | 1925 |
| Property SubType | Mixed Use |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | None |
| OwnerPays | None |
| Business Type | Warehouse |
| Accessibility | >84 Garage Door,32 + wide Doors |
| County | PHILADELPHIA |
| Operating Expense | 0.00 |
| Insurance Expense | 0.00 |
| New Construction | No |
| Property Type | Commercial Sale |
| MaintenanceExpense | 0.00 |
| Possible Use | Commercial,Development,Distribution,Industrial,Investment,Manufacturing,Mixed Use,Warehouse |
| Water Access Y/N | No |
| Property Use | Investment |
| Status | ACTIVE |
| Directions | q |
| ModificationTimestamp | 2024-05-18T15:10:14 |
| City | PHILADELPHIA |
| Total Units | 5 |
| MLS Area | 19123 (19123) |
| Lot Size Square Feet | 7800.00 |
| Tax Assessed Value | 780000.0 |
| Waterfront Y/N | No |
| Street Name | CALLOWHILL |
| Tax Annual Amount | 10918.0 |
| Electric Expense | 0.00 |
| Fuel Expense | 0.00 |
| Trash Expense | 0.00 |
| Price Per Sq Ft Total | 641.03 |
| Acceptable Financing | Cash,Conventional |
| Association Fee | 0.00 |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 107 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 245 |
| Total Actual Rent | 98400.00 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Hot Water | 60+ Gallon Tank |
| Street Suffix | STREET |
| Central Air Y/N | No |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking Spaces | 1 |
| Type of Parking | On Street |
| Land Use Code | LC0 |
| Water View Y/N | No |
| Building Area Total | 7800.00 |
| Lot Dimensions | 60.00 x 130.00 |
| Lot Size Acres | 0.18 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Total Loading Docks | 1 |
| Land Assessed Value | 156000.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 19123
Price
Taxes
Visits
Year Built
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