1216 Arch St Unit #1, Philadelphia, PA 19107

$2,500,000

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List Price
$2,500,000
Price Change
▼ $150,000 1767759713
Days on Market
405
Status
ACTIVE
MLS#
PAPH2518952
Year Built
1900
County
Philadelphia
School District
Philadelphia City

Property Description

Welcome to 1218 Arch Street, a rare opportunity to own a large ground floor commercial condominium in the heart of Philadelphia, directly across from the Convention Center and Reading Terminal. Located just a block from Market Street, Broad Street, City Hall, public transportation and parking, hotels, cultural attractions, restaurants and retail. The ground floor consists of 12,350 SF with a retail storefront and loft-style interior, including high ceilings, hardwood floors, exposed brick and columns. This fully built out space includes a large open meeting room, two conference rooms, partitioned offices, kitchenette, men's and women's restrooms, and a loading area directly accessible from Cuthbert Street. The basement area is over 12,000 SF with 12' ceilings -- an unusually large and usable block of space for storage or back-of-house operations. A small portion of this basement space is leased to AT&T and T-Mobile, generating significant revenue for the owner of this unit. Do not miss this rare opportunity to own a large ground floor commercial space in the heart of Center City, Philadelphia!

Additional Information

Area
19107 (19107)
Taxes
$49070
School District
Philadelphia City
Heating
Other
Heating Fuel
Other
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of MSC Retail, Inc.. Contact: 2155682600