122 N 3rd Street #COMMERICAL, Philadelphia, PA 19106 - Photo 1

1/1

$1,800

Sold
Closed
Commercial Lease

1/1

Property Description

Welcome to 122 N 3rd Street! This newly renovated gem is nestled in the heart of Old City Philadelphia, where it awaits its first tenants! The transformation at this historic building was completed early 2024 and it now houses The Loxley Hotel and this beautifully remodeled store front commercial space. Standing at 960 square feet, the bi-level unit is the perfect blank canvas for a business owner looking to tailor a space to their needs. The owner is looking for a tenant whose business use will be a compliment to the hotel above. Bakeries, coffee shops and the like are greatly encouraged! With the many shops, artistically driving businesses, and landmarks in the area, a business owner in this space would be in great company. They will also benefit the heavy foot traffic of this culturally and historically rich neighborhood. With prime visibility, abundant space, and a fresh start, this unit could be perfect for your new venture! Apply today! Lease Terms: 1st month, last month and security required. Tenant responsible for NNN lease fees, U & O taxes and all utilities.

Full Property Details

Full Property Details for 122 N 3rd St #COMMERICAL

General

Sold For: $1,800
Status: Closed
Type: Commercial Lease
Source: BrightMLSPhilly
MLS ID: PAPH2315896
Added to Site: 792 day(s) ago

Business

Business Type: Other

Rental Information

Lease/Rent Term: 24 Months

Parking

Parking Features: Public, Unassigned
Parking Type: On Street

Location

Area: 19106 (19106)
Municipality: PHILADELPHIA
County: Philadelphia
Development Name: Old City
Subdivision: Old City
Building Name: NONE AVAILABLE
Cross Streets: Cherry
Driving Directions: The intersection is 3rd and Cherry Streets.

Heating & Cooling

Cooling Type: Ductless/Mini-Split
Heating Type: Wall Unit
Heating Fuel: Other
Water Heater: Other

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Masonry
Entry Floor Number: 1
Elevator(s ): 1
Stories/Levels: 5
Aprox. Leasable: 960 Sq. Ft.
Current Bldg. Use: Vacant
Year Built: 1920
Year Built Source: Assessor
Property Condition: Excellent

Lot Features

Lot Size (Acres): 0.05
Lot Size (Sq. Ft.): 2,071
Lot Size Source: Assessor
Lot Dimensions: 18.00 x 115.00
Zoning: CMX3

Financial Considerations

Price Per Sq. Ft.: $2.08
School Tax: $5,872
City/TownTax: $4,829
City/TownTax Freq: Annually
Terms: Standard Sale

Disclosures and Reports

Ownership: Other

Listed by JG Real Estate LLC, Ashley Brittany Rivera
Sold by Philly LMG, LLC, Sabina Palermo

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Listing agent

— 122 N 3rd St #COMMERICAL —

Ashley Brittany Rivera

JG Real Estate LLC

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Schools

Schools serving 122 N 3rd St #COMMERICAL

School District:Philadelphia City School District

Name	Grades	Distance
McCall Gen George A School 325 South 7th Street, Philadelphia, PA 19106	K-8	0.7 mi
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130	12-11	1.2 mi

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

Price & Sales History for 122 N 3rd St #COMMERICAL

Date

Details

Price

Change

Source

6/24/2024

Sold

$1,800

-9.77%

MLS

6/04/2024

Price Increased

$1,995

33%

MLS

6/03/2024

Price Reduced

$1,500

-24.81%

MLS

2/01/2024

Listed

$1,995

—

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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122 N 3rd Street #COMMERICAL, Philadelphia, PA 19106 (MLS# PAPH2315896) is a Commercial Lease property that was sold at $1,800 on June 24, 2024. Want to learn more about 122 N 3rd Street #COMMERICAL? 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.

122 N 3rd St #COMMERICAL Philadelphia, PA 19106