114 E Luray St, Philadelphia, PA 19120

$1,050,000

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List Price
$1,050,000
Price Change
▼ $50,000 1775788691
Days on Market
199
Status
ACTIVE
MLS#
PAPH2588080
Lot Size (Acres)
0.30000000000000004
Year Built
1927
County
Philadelphia
School District
Philadelphia City

Property Description

114–136 E Luray St is a rare ICMX-zoned industrial/commercial mixed-use opportunity offering 12,264 square feet of highly versatile space in the heart of 19120, ideal for investors, owner-users, developers, and business operatorsseeking scale and flexibility. The property is split into three sections, allowing a buyer to operate multiple businesses, lease out individual components, or reposition the entire building into one high-performing income asset. Also has a brand new roof and a brand new sprinkler system. The first section features a spacious garage well-suited for a mechanic shop, contractor use, or light industrial operation, with a second floor of unfinished space ready for expansion. The second section offers a full club/bar/event space, with a second floor consisting of seven offices, two bathrooms, and ample common areas perfect for professional offices, creative studios, co-working, or administrative use. The third section includes an additional oversized garage currently used for storage, ideal for warehousing or distribution. With flexible ICMX zoning, strong square footage, and multiple-use configurations, this property is a prime opportunity for entrepreneurs looking to consolidate operations, investors seeking diversified income streams, or developers aiming to maximize value.

Additional Information

Area
19120 (19120)
Taxes
$5322
School District
Philadelphia City
Heating
None
Heating Fuel
None
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Homestarr Realty. Contact: 2153555565