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120 Arch Street, Philadelphia, PA 19106

$1,900,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 12 hours ago
120 Arch Street, Philadelphia, PA 19106View this property at 120 Arch Street, Philadelphia, PA 19106
120 Arch StreetPhiladelphiaPA19106

Property 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!

Full Property Detailsfor 120 Arch Street

General

  • Price: $1,900,000
  • Taxes: $18,582 (2018)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 1000297143
  • Updated: 4/24/2018
  • Added: 531 day(s) ago

Property History

  • 120 Arch Street, Philadelphia, PA
  • Listed at $1,900,000 on 11/9/16

Business

  • Includes: Land Only

Interior

  • Interior Features: Elevator

Rooms

Bedrooms

  • Master Bedroom: Unspecified

Other Rooms

  • Laundry: None

Parking

  • Parking Features: Street

Location

  • Area: 19106 (19106)
  • County: Philadelphia
  • Development Name: Old City
  • Subdivision: Old City
  • Cross Streets: 2Nd
  • Driving Directions: South side of Arch street
  • Direction Faces: North

School Information

  • School District: The School District Of Philadelphia

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Heating Type: Gas
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Other
  • Structure Type: Detached
  • Construction: Brick
  • Basement: Yes
  • Basement Desc.: Full
  • Entry Location: Foyer
  • Year Built: 1917
  • Year Built Source: Estimated

Unit Information

  • Other Units: Unit 1, Unit 2, Unit 4, Unit 3

Unit 1

  • Unit Description: Unit 1
  • Total Bathrooms: 1

Unit 2

  • Unit Description: Unit 2

Unit 3

  • Unit Description: Unit 3
  • Total Bathrooms: 1

Unit 4

  • Unit Description: Unit 4

Lot Features

  • Lot Size (Acres): 0.05
  • Lot Size (Sq. Ft.): 2,255
  • Lot Dimensions: 25 x 90
  • Zoning: CMX3

Financial Considerations

  • Price Per Sq. Ft.: $223.53
  • Tax w/Assessment: $1,327,500
  • Tax Amount: $18,582
  • Tax Year: 2018

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Lighting Fixtures, Business Inventory
  • Lot: 360

Listed by Plumer & Associates Inc, Leon Aksman

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Schools

Schoolsserving 120 Arch Street

School District:The School District Of Philadelphia
School Name
Grades
Distance
Gen. George A. McCall School
325 S 7th St, Philadelphia, PA 19106
K-8
0.7 mi
Benjamin Franklin High School
550 N Broad St, Philadelphia, PA 19130
9-12
1.3 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 120 Arch Street

Listed by Plumer & Associates Inc, Leon Aksman

120 Arch Street, Philadelphia, PA 19106 (MLS# 1000297143) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 120 Arch Street is currently listed for $1,900,000 and was received on November 09, 2016. Want to learn more about 120 Arch Street? Do you have questions about finding other Multi-Family real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.