Mary Lou Erk - Coldwell Banker Hearthside
120 Arch St
PHILADELPHIA, PA 19106

Description

Prime Old City grand commercial property. Surrounded by walking streets, great architecture, cafe's, restaurants, landmark historic sites and so much new development! The large scale development at the "National" site is well under way with a proposed 180 unit mixed use complex just across the street. 120 Arch consists of 4 floors of great Old City loft space. High ceilings, big & bright windows, working freight elevator, exposed brick and industrial duct-work. Rear of the property has windows that have been bricked up that could be reinstalled for apartment conversion. 1st & 2nd floor is a high-end boutique in business for many years, 3rd floor is built out & has a short term lease for office space, 4th floor vacant & needs renovation. Superb location for a mixed use redevelopment, possible apt/condo conversion and prime street traffic for a wide range new commercial tenants. Possible owner occupant uses as well with income. A beautiful well maintained building, Historical facade, CMX3 zoning, and huge potential for investment!

Details

MLS#1000297143
Sub-TypeResale
StatusActive
Year1917
Days On Site349

Features

Market Activity 19106

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Area Information

StatePA
CityPHILADELPHIA
Zip Code19106
Area19106 (19106)
Listing VS Median (in 19106)
Price:
$1,900,000
low | high
Med:
$2,575
100% of Average
On Site:
349
low | high
Med:
76
100% of Average
Listing Updated: 12/09/2018
MLS Number: 1000297143
Listing Provided By:
Leon Aksman  of  Plumer Associates Inc

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