Philadelphia, PA 19123,734 N 2ND ST

$700,000

$726,500

3.6%
Est.Price: ?

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Est. payment /mo

3,925 SqFt


SOLD DATE : 09/09/2021

Key Details

Sold Price $700,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 3,925 sqft

Price per Sqft $178

Subdivision Northern Liberties

MLS Listing ID PAPH2015006

Sold Date 09/09/21

HOA Y/N N

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $6,452

Tax Year 2021

Lot Size 1,613 Sqft

Acres 0.04

Lot Dimensions 20' x 81'

Property Description

Your development opportunity awaits in hot...hot...hot Northern Liberties. 734 N. 2nd Street is placed in a prime block of highly desirable retail and business district of Northern Liberties. New development and growth abounds this property as well as most of N. 2nd St. from Spring Garden to Girard Ave as well as adjacent street forming the heart of the libs business district. This property is just waiting for new ownership to rehab and redevelop using their imagination to create a new mixed use project. Why pay rent when you can have your own commercial retail space at street level with your owner's living quarters above your business OR perhaps develop several apartment units on these upper floors generating additional income. Presently the 1st floor of 734 N. 2nd Street (approximately 1,450 sf of area) is open retail with 2 piece bath and a rear enclosed shower area. The 1st floor is heated and air conditioned with forced warm air heat. The 1st floor is presently utilized for owner storage. The 2nd (approximately 955 sf), 3 and 4th levels (each approximately 760 sf) of this property are totally OPEN and ready for design, layout, framing and utilities. There is no heat, plumbing or electric on these floors. There is a full unfinished basement under the entire 1st floor area.

Location

State PA

County Philadelphia

Area 19123 (19123)

Zoning CMX 2.5

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Other, Laminated, Carpet

Heat Source Natural Gas, Electric

Exterior

Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available

Waterfront N

Water Access N

Roof Type Built-Up,Asbestos Shingle,Unknown

Accessibility Other

Road Frontage City/County, Public

Parking Type On Street

Garage N

Building

Foundation Other, Brick/Mortar

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Kearny Gen

High Schools Franklin B

School District The School District Of Philadelphia

Others

Tax ID 871509480

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional, Negotiable, Other

Listing Terms Cash, Conventional, Negotiable, Other

Financing Cash,Conventional,Negotiable,Other

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Christopher L Meszaros • Countryside Realty
Bought with Yulin Zheng • Realty Mark Associates - KOP
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