Philadelphia, PA 19103,260 S 18TH ST
Philadelphia, PA 19103,260 S 18TH ST
Philadelphia, PA 19103,260 S 18TH ST
Philadelphia, PA 19103,260 S 18TH ST
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$1,475,000

$1,750,000

15.7%
Est.Price: ?

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Est. payment /mo

5,240 SqFt


SOLD DATE : 08/01/2024

Key Details

Sold Price $1,475,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 5,240 sqft

Price per Sqft $281

Subdivision Rittenhouse Square

MLS Listing ID PAPH2290430

Sold Date 08/01/24

Originating Board BRIGHT

Year Built 1800

Annual Tax Amount $17,026

Tax Year 2024

Lot Size 1,500 Sqft

Acres 0.03

Property Description

Generational opportunity to acquire a boutique commercial building located one-half block from Philadelphia's most desirable address and meeting place, Rittenhouse Square.  Currently vacant; previously owner-occupied for decades as a gallery with showrooms on the first and second floors, and storage on the third and fourth floors.  Zoned CMX2 with 25' of frontage, the property is an ideal investment for either a commercial end-user to occupy the entire building, or a developer who wants to convert the top three floors with 10'-12' ceilings to residential while maintaining the valuable ground floor as retail.   Capitalize on the tremendous foot traffic at this intersection generated by Starbucks and Rittenhouse Market, in addition to the city's best shops and restaurants lining 18th St.  Do not miss the chance to create your own vision at this spectacular location as the opportunity will only come around once in a lifetime!

Location

State PA

County Philadelphia

Area 19103 (19103)

Zoning CMX2

Interior

Hot Water Other

Heating Other

Cooling Other

Heat Source Other

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 882963795

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Other

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Patricia K. Gallardo

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Bright MLS (BMLS)
Listed by Josh Weiss • MSC Retail, Inc.
Bought with Josh Weiss • MSC Retail, Inc.
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+1(703) 980-4594

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1765 Greensboro Station Place, Suite 900, Mclean

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