Available now, mixed-use property at 128 Lombard Street (the Property or Asset) situated in the affluent Society Hill neighborhood of Philadelphia. The Asset is comprised of an existing two-bedroom/two-bath apartment unit and 800± square feet of office space. The apartment unit boasts luxury finishes including stone countertops, stainless steel appliances, upgraded fixtures, and a private outdoor space. The Asset presents the opportunity to acquire a building with unparalleled character in a high-quality location. This is a turnkey asset allowing a new owner the opportunity to upgrade the office space and command a rental premium over the prior in-place rent. The Society Hill neighborhood is well known for its affluence and picturesque brownstones. It is one of the most historic and protected areas in the city maintaining its old-world charm dating back to the founding fathers. The Property is located minutes from major transportation routes including Interstates 95, 76, and 676 and Delaware Avenue, providing daily commuters access to the entire Philadelphia MSA. Current and future tenants are steps from award-winning restaurants such as Pizzeria Stella, Zahav, Bridget Foy’s, and Bloomsday.
MLS# | PAPH2415898 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1800 |
Days On Site | 81 |
Listing Provided By | TCS Management, LLC | Moshe Adika |
SQ Feet | 2,441 |
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Zoning | CMX2 |
Acreage | 0.03 |
State | PA |
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County | Philadelphia |
City | Philadelphia |
Zip Code | 19147 |
Area | 19106 |
Community Name | Old City |
School District | The School District Of Philadelp |
Listing VS Median (in Old City) | |
Price: $599,000 low | high Med: $2,499 SqFt: 2,441 low | high Med: 994 $ / SqFt: $245 low | high Med: $3 On Site: 81 low | high Med: 33 |