1027 Ridge Avenue #COMMERCIAL, Philadelphia, PA 19123 - Photo 1

1/1

$3,250

Sold
Closed
Commercial Lease

1/1

Property Description

1027 Ridge Ave: The 2,100 +/- SF retail space features: High ceilings, Ample natural light, ADA restrooms & Kitchenette. Over 40' of frontage on Ridge Avenue. Zoning: IRMX. Located 2 Blocks from The Rail Park, a public green space that has transformed the historic railway into an inclusive space connecting Philadelphia's residents and visitors to the city and each other. This neighborhood is bursting forth with active residential, retail, and commercial development projects»It's surrounded by the beauty of the Mural Arts' first outdoor rotating gallery. The Spring Arts District has easy access to I-676, SEPTA bus lines, and the Broad Street Line Subway.

Full Property Details

Full Property Details for 1027 Ridge Ave #COMMERCIAL

General

Sold For: $3,250
Status: Closed
Type: Commercial Lease
Source: BrightMLSPhilly
MLS ID: PAPH2183244
Added to Site: 1, 180 day(s) ago

Business

Business Type: Flex, Other/General Retail, Other

Rental Information

Lease/Rent Term: Negotiable

Interior

Flooring: Carpet, Other

Parking

Parking Type: None

Location

Area: 19123 (19123)
Municipality: PHILADELPHIA
County: Philadelphia
Development Name: Spring Arts
Subdivision: Spring Arts
Cross Streets: Noble Street
Driving Directions: Located just off the corner of Ridge Ave and Noble Street in Spring Arts District.
Location Details: Urban

Heating & Cooling

Cooling Type: Other
Heating Type: Other
Heating Fuel: Other
Water Heater: Other

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Masonry
Entry Floor Number: 1
Stories/Levels: 0
Aprox. Leasable: 2,100 Sq. Ft.
Current Bldg. Use: Vacant
Retail: 2,100 Sq. Ft.
Year Built: 1925
Year Built Source: Assessor

Lot Features

Lot Size (Acres): 0.14
Lot Size (Sq. Ft.): 6,200
Lot Size Source: Assessor
Lot Dimensions: 90.00 x 111.00
Frontage Feet: 40
Zoning: IRMX

Financial Considerations

Price Per Sq. Ft.: $1.55
School Tax: $47,143
City/TownTax: $38,771
City/TownTax Freq: Annually
Terms: Standard Sale

Disclosures and Reports

Ownership: Other

Listed by Mallin Panchelli Nadel Realty Inc, Veronica Gintel Blum
Sold by Non Subscribing Office, NON MEMBER

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Listing agent

— 1027 Ridge Ave #COMMERCIAL —

Veronica Gintel Blum

Mallin Panchelli Nadel Realty Inc

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Schools

Schools serving 1027 Ridge Ave #COMMERCIAL

School District:Philadelphia City School District

Name	Grades	Distance
Spring Garden School 1146 Melon Street, Philadelphia, PA 19123	K-8	0.4 mi
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130	12-11	0.4 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1027 Ridge Ave #COMMERCIAL

Date

Details

Price

Change

Source

4/25/2024

Sold

$3,250

—

MLS

12/08/2023

Price Reduced

$3,250

-18.75%

MLS

11/30/2022

Listed

$4,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1027 Ridge Avenue #COMMERCIAL, Philadelphia, PA 19123 (MLS# PAPH2183244) is a Commercial Lease property that was sold at $3,250 on April 25, 2024. Want to learn more about 1027 Ridge Avenue #COMMERCIAL? Do you have questions about finding other Commercial Lease real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

1027 Ridge Ave #COMMERCIAL Philadelphia, PA 19123