$599,000
128 LOMBARD ST Philadelphia, PA 19147
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$599,000
Est. payment /mo
2,441 SqFt
Price Dropped by $26K
128 LOMBARD ST Philadelphia, PA 19147
UPDATED:
11/14/2024 06:24 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,441 sqft
Price per Sqft $245
Subdivision Old City
MLS Listing ID PAPH2415898
Originating Board BRIGHT
Year Built 1800
Annual Tax Amount $7,847
Tax Year 2024
Lot Size 1,197 Sqft
Acres 0.03
Lot Dimensions 19.00 x 63.00
Property Description
Available now, mixed-use property at 128 Lombard Street (the ?Property? or ?Asset?) situated in the affluent Society Hill neighborhood of Philadelphia. The Asset is comprised of an existing two-bedroom/two-bath apartment unit and 800� square feet of office space. The apartment unit boasts luxury finishes including stone countertops, stainless steel appliances, upgraded fixtures, and a private outdoor space.
The Asset presents the opportunity to acquire a building with unparalleled character in a high-quality location. This is a turnkey asset allowing a new owner the opportunity to upgrade the office space and command a rental premium over the prior in-place rent.
The Society Hill neighborhood is well known for its affluence and picturesque brownstones. It is one of the most historic and protected areas in the city maintaining its old-world charm dating back to the founding fathers.
The Property is located minutes from major transportation routes including Interstates 95, 76, and 676 and Delaware Avenue, providing daily commuters access to the entire Philadelphia MSA. Current and future tenants are steps from award-winning restaurants such as Pizzeria Stella, Zahav, Bridget Foy?s, and Bloomsday.
The Asset presents the opportunity to acquire a building with unparalleled character in a high-quality location. This is a turnkey asset allowing a new owner the opportunity to upgrade the office space and command a rental premium over the prior in-place rent.
The Society Hill neighborhood is well known for its affluence and picturesque brownstones. It is one of the most historic and protected areas in the city maintaining its old-world charm dating back to the founding fathers.
The Property is located minutes from major transportation routes including Interstates 95, 76, and 676 and Delaware Avenue, providing daily commuters access to the entire Philadelphia MSA. Current and future tenants are steps from award-winning restaurants such as Pizzeria Stella, Zahav, Bridget Foy?s, and Bloomsday.
Location
State PA
County Philadelphia
Area 19106 (19106)
Zoning CMX2
Interior
Hot Water Electric
Heating Hot Water
Cooling Central A/C
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871508230
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Listed by Moshe Adika • TCS Management, LLC
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