Sold
CLOSED
216-18 Market St
Philadelphia PA, 19106
$2,850,000
$380.00 per sqft
Sold
CLOSED
7,500 sqft
Commercial
Built in 1900
Amazing opportunity to own a Turn-Key, CMX3 Income Producing Mixed Use/Commercial Building in the heart of Old City at 2nd and Market Street! Located directly across the street from Christ Church and at the Market-Frankford subway stop, 216-218 Market Street features two (2) first floor commercial spaces currently occupied with a single long-term commercial tenant. The street level commercial spaces were formally a restaurant and include all equipment and a full commercial kitchen and office in the finished basement offering even more useable space. The second, third, and fourth floors feature four (4) modern residential apartments all with updated kitchens, bathrooms, hardwood floor, separate HVAC, and washer/dryer. Unit 1 is a 2 bedroom/2.5 bath currently rented at $2500/month. Units 2 and 3 are 1 bedroom/1 bath currently rented at $1675 each, and Unit 4 is a unique 3 bedroom/2 bath penthouse corner unit loft with an outdoor deck, private elevator and lobby entrance currently rented at $3900. This building has been meticulously maintained and is ideal for an owner/occupant or investor.
PAPH2227518
MLSⓇ ID
April 24, 2023
Listed
November 22, 2024
Updated
Map
216-18 Market St
Philadelphia PA, 19106
Interior Features
Total Stories
4
Interior Features
Hardwood
Floor Description
Hardwood
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Lot Size
0.04 Acres
Roof
Rubber
Sewer
Public Sewer
Other Property Details
Area Name
PHILADELPHIA
Taxes
$22,140
Tax Frequency
Annually
Days on Market
45
Garage
No
View
Yes
View Description
City, Street
County
PHILADELPHIA
Water Source
Public
Pool
No
Listed by Compass Pennsylvania, LLC
Listing Contact: 6107453211
The IDX display contains information sourced from the Bright MLS, Inc. as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 11/22/2024 at 3:50 AM UTC
