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$4,450,000
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Property Description
Prime Development Opportunity in Thriving North Broad Corridor. Seize this exceptional chance to be at the epicenter of North Philadelphia's revitalization. This prominent 30,000 sq ft commercial site is ideally situated just steps from the major Broad Street and Girard Avenue intersection, one of the city's most vibrant transit hubs. With Unbeatable Accessibility and Amenities in the surrounding area. Features Direct access to the Broad Street subway line and Cecil B. Moore station just a 10-minute walk away. Surrounded by a wealth of retail, dining and entertainment options like the new AMC theater at Avenue North. Close proximity to Temple University and Center City. Recent groundbreaking of the 171-unit mixed-use project with Lidl grocery anchor just steps away. Be Part of Broad Street's Transformation, North Broad is experiencing a development renaissance with major projects like the Lidl mixed-use project along with other upcoming projects on the 900 block of N Broad St as well as another 28 story proposed project on the 1500 block of N Broad St and of course Shops At Avenue North paving the way. Your 4-story, 30,000 sq ft CMX3 zoned building can be the next catalyst, offering prime retail on the ground floor to enhance walkability on this rejuvenated corridor. This is 4 stories zoned CMX3 for mixed-use development, Garage doors in rear with indoor parking spaces, Spans full street-to-street from N Broad St to W Thompson St, Elevator servicing all 4 floors, Near Temple Sports Complex, Howard Gittis Student Center. Just blocks from Temple University's main campus. This is a solid Versatile Development Potential to offering Retail/office space to serve Temple's student population and potential Residential units in prime location near campus. Turn your vision and imagination into a reality! Flexible for retail, office, residential or mixed-use. With incredible transit access, an influx of new residents, and rapidly increasing amenities, this is a rare opportunity to be at the forefront of North Broad's exciting revitalization. An exceptional investment for the forward-thinking developer, contact us today! Property sold in "As Is" condition. Buyers are responsible for City Certification.
Full Property Details
Full Property Details for 1227-29 N Broad St
General
- Price: $4,450,000
- Taxes: $33,985 (2023)
- Status: Active
- Type: Warehouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2063014
- Updated: 8/6/2024
- Added to Site: 1, 264 day(s) ago
Business
- Business Type: Shopping Center, Storage, Other
Parking
- Total Spaces: 15
- Parking Type: Private Garage
Location
- Area: 19122 (19122)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Development Name: Yorktown
- Subdivision: Yorktown
- Driving Directions: N Broad St & W Thompson St
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Natural Gas
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Drive-In Doors: 1
- Stories/Levels: 0
- Year Built: 1920
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 8,000
- Lot Size Source: Estimated
- Lot Dimensions: 50.00 x 160.00
- Zoning: CMX3
Financial Considerations
- Price Per Sq. Ft.: $144.24
- Assessment Year: 2023
- School Tax: $18,648
- City/TownTax: $15,337
- City/TownTax Freq: Annually
- Tax w/Assessment: $2,427,900
- Tax Amount: $33,985
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
Listed by Realty Mark Associates, Tahzib Bacchus
Get Pre-Approved Today
Schools
Schools serving 1227-29 N Broad St
School District:The School District Of Philadelphia
Rating | Name | Grades | Distance |
---|---|---|---|
1750 N 12th St, Philadelphia, PA 19122 | K-8 | 0.5 mi | |
550 N Broad St, Philadelphia, PA 19130 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1227-29 N Broad St
Date
Details
Price
Change
Source
5/14/2024
Price Reduced
$4,450,000
-0.56%
MLS
2/05/2024
Price Reduced
$4,475,000
-0.56%
MLS
5/08/2023
Price Reduced
$4,500,000
-8.16%
MLS
3/08/2023
Price Reduced
$4,900,000
-9.26%
MLS
1/04/2023
Price Reduced
$5,400,000
-8.47%
MLS
10/13/2022
Price Reduced
$5,900,000
-3.28%
MLS
10/04/2022
Price Reduced
$6,100,000
-1.61%
MLS
8/05/2022
Price Reduced
$6,200,000
-1.59%
MLS
7/01/2022
Price Reduced
$6,300,000
-1.56%
MLS
6/17/2022
Price Reduced
$6,400,000
-7.25%
MLS
1/05/2022
Listed
$6,900,000
318.18%
MLS
8/29/2016
Sold
$1,650,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1227-29 N Broad St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$33,686
5%
$2,406,500
100%
2021
$32,026
-6%
-100%
2023
$33,986
6%
$2,427,900
6%
2020
$32,026
1%
$2,287,900
1%
2019
$31,788
—
$2,270,900
—
2018
$31,813
9%
$2,272,700
9%
2017
$29,140
—
$2,081,700
—
2016
$29,140
4%
$2,081,700
—
2015
$27,895
—
$2,081,700
—
2014
$27,895
197%
$2,081,700
2068%
2013
$9,380
—
$96,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1227-29 N Broad St
1227-29 N Broad Street, Philadelphia, PA 19122 (MLS# PAPH2063014) is a Warehouse property. 1227-29 N Broad Street is currently listed for $4,450,000 and was received on January 05, 2022. Want to learn more about 1227-29 N Broad Street? Do you have questions about finding other Warehouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.