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31-33 N 2ND Street

PHILADELPHIA, PA 19106
  • $4,500,000
  • STATUS: Active
  • ON SITE: 49 Days
  • ID#: PAPH2155798
UPDATED: 55 min ago
$4,500,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Information

Description

This stunning, 16,320 sq. ft. is the best of the iconic Old City historic industrial buildings. With a lot size of 30 x 205 and 3.5 stories, it is very unique. Completely renovated by the current owner in 2016 with exquisite taste mixing the old and new, it boasts 7 HVAC zones, new electric service plus wiring and plumbing throughout, and generous amounts of built-in storage. The delights of this building include monumental sand-blasted beams, towering ceiling height, a 30+GG width, pointed granite schist wall, and an operating freight elevator in the original shaft. Zoned CMX3, this property was perfectly constructed for world-class office space and Retail opportunities. This is a turn-key property, ready for whatever use a new owner might devise. The first floor and lower level, accessed by a huge glass interior staircase, are currently operated by a top-notch European Furniture business, with gorgeous displays and immaculate showroom space. Approximately 2,558 sq. ft of the 2nd and 3rd floors is rented to an architectural firm. The 3rd floor also boasts a spectacular roof deck. The 2nd floor rear, approximately 1,600 sq. ft., is fully renovated and occupied by the furniture store on a pop-up basis. Special attributes include separate electricity for each tenant, elevator access to every floor, stunning views overlooking the Historical Christ Church, its garden and spire in the Heart of the Old City District. This property is located in the Heart of the Old City District of Philadelphia on 2nd St just one block north of Market Street with easy access to Routes 95, 676, 30th Street Station, the subway, trains and buses practically at the front door, is only 15 minutes to Philadelphia International by car, and is surrounded by abundant pay parking on the street. The Old City District is full of excellent restaurants, galleries, theaters, shops, and historical sites. The Lower Level, first floor, and 2nd floor rear spaces occupied by the retail store can be delivered vacant.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-12-06T23:50:18.16.
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31-33 N 2ND Street PHILADELPHIA, PA 19106

  • Price: $4,500,000
  • Status: Active
  • On Site: 49 Days
  • Updated: 55 min ago
  • ID#: PAPH2155798
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1900
Built
Neighborhood:
19106 (19106)
County:
Philadelphia
Area:
19106 (19106)
Elementary School:
Gen. George A. Mccall School
Middle School:
Gen. George A. Mccall School
High School:
Benjamin Franklin
School District:
The School District Of Philadelphia
Property Description
This stunning, 16,320 sq. ft. is the best of the iconic Old City historic industrial buildings. With a lot size of 30 x 205 and 3.5 stories, it is very unique. Completely renovated by the current owner in 2016 with exquisite taste mixing the old and new, it boasts 7 HVAC zones, new electric service plus wiring and plumbing throughout, and generous amounts of built-in storage. The delights of this building include monumental sand-blasted beams, towering ceiling height, a 30+GG width, pointed granite schist wall, and an operating freight elevator in the original shaft. Zoned CMX3, this property was perfectly constructed for world-class office space and Retail opportunities. This is a turn-key property, ready for whatever use a new owner might devise. The first floor and lower level, accessed by a huge glass interior staircase, are currently operated by a top-notch European Furniture business, with gorgeous displays and immaculate showroom space. Approximately 2,558 sq. ft of the 2nd and 3rd floors is rented to an architectural firm. The 3rd floor also boasts a spectacular roof deck. The 2nd floor rear, approximately 1,600 sq. ft., is fully renovated and occupied by the furniture store on a pop-up basis. Special attributes include separate electricity for each tenant, elevator access to every floor, stunning views overlooking the Historical Christ Church, its garden and spire in the Heart of the Old City District. This property is located in the Heart of the Old City District of Philadelphia on 2nd St just one block north of Market Street with easy access to Routes 95, 676, 30th Street Station, the subway, trains and buses practically at the front door, is only 15 minutes to Philadelphia International by car, and is surrounded by abundant pay parking on the street. The Old City District is full of excellent restaurants, galleries, theaters, shops, and historical sites. The Lower Level, first floor, and 2nd floor rear spaces occupied by the retail store can be delivered vacant.
Exterior Features

Construction Materials Masonry Door Features Double Entry Garage YN No Location Type Downtown Parking Features Public Parking Types On Street Property Condition Excellent Riparian Rights YN No Roof Flat View City Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 16320.00 Cooling Heat Pump(S) Flooring Hardwood Heating Heat Pump(S) Heating YN Yes Net Square Feet 16320.00 Security Features IntercomMain Entrance LockFire Detection SystemSmoke Detector

Property Features

Accessibility Features None Annual Gross Expense 66230.00 Assessment Year 2023 Association Expense 1260.00 Business Type FlexOther/General RetailProfessional Central Air YN No Cooling Fuel Electric Cross Street Market Street Electric Expense 1642.00 Elevators 1 Foundation Details Stone Heating Fuel Electric Historic YN Yes Hot Water Electric Insurance Expense 10409.00 Maintenance Expense 5000.00 Municipality Philadelphia Navigable Water YN N Net Operating Income 243548.00 New Construction YN No Number Of Units Total 4 Operating Expense 66230.00 Operating Expense Includes InsuranceElectricRepair/MaintenanceSewerWater Original MLSNumber 801855300810 Other Expense 20076.00 Owner Pays Accounting/LegalCommon Area MaintenanceInsuranceRepairsSewerTaxes - Real EstateElectricityWater Ownership Interest Fee Simple Possession NegotiableSubject To Existing Lease Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 24640.00 Tax Assessment Amount 1760300.00 Tax Lot 418 Transportation Airport Less Than 10 MilesBus Stop Less Than 1 MileMetro/Subway Station Less Than 1 MileCommuter Lots Less Than 5 MilesCommuter Rail Station Less Than 1 Mile Utilities Electric AvailableWater Available Vacation Rental YN No Water Source Public Year Built Effective 2016 Zoning Cmx3

Listing courtesy of Elfant Wissahickon-Rittenhouse Square: .


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-12-06T23:50:18.16.
 
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