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20 N 3rd St #102, Philadelphia, PA 19106

$1,000,000

  • For Sale
  • Active
  • Commercial
20 N 3rd St #102, Philadelphia, PA 19106 View this property at 20 N 3rd St #102, Philadelphia, PA 19106
20 N 3rd St #102 Philadelphia PA 19106

Property Description

An Olde City street level commercial space with approximately 4,000 square feet[approx. 2,200 square feet at street level and 1,800 square feet in lower level] with an open floor plan approximately 19'x 120',large storefront and large windows at rear, approximately 12' high ceilings at street level and approximately 10' in lower level, partial polished concrete floors, exposed concrete columns and beams, powder room, elevator access from lower level, that has electric heat and air. This unit is zoned mixed use commercial CMX-3, walk-in street level space offers businesses high pedestrian and vehicular traffic counts and excellent visibility. Property faces historic and quaint cobble stoned Church Street. The neighborhood is served by
public transportation at the corner and is an eclectic mix of residential condos, retail stores, art galleries, theaters, restaurants, coffee shops and live-work lofts. ZONING CMX-3 allows residential, commercial-professional office use, retail, galleries, showrooms, art, architecture, engineering, design, medical, tech offices and other uses. This specific stretch of North 3rd Street has been branded "N3rd Street" (Nerd Street) as it is home to a strong and expanding concentration of start-ups, especially the tech sector. Tech companies on this N3rd St corridor may be eligible for up to $100,000 in tax credits offered through the Keystone Innovation Zone program Sale Price $1,000,000 Approx. $25/SF; Lease price $20/SF $80,000 Annual Triple Net. Units 101-102-201-202 combined, it is approx. 12,400 square feet for $3.3 million. There is the possibility for more space in this building for up to 20,000 square feet.

Full Property Details for 20 N 3rd St #102

  • Price: $1,000,000
  • Taxes: $3,005 (2016)
  • Status: Active
  • Type: Commercial
  • MLS ID: 6895029
  • Updated: 12/6/2016
  • Added: 173 day(s) ago

Property History

  • 20 N 3rd St #102, Philadelphia, PA
  • Listed at $1,000,000 on 6/16/16

Business

  • Building/Business: Commercial, Leasehold, Office, Professional, Retail, R&D Flex Space, Medical, Salon, Special Purpose

Interior

  • Flooring: 1.0

Location

  • Area: 19106
  • County: PHILADELPHIA
  • Driving Directions: 1/2 Block north of Market on west side of North 3rd Street

Utilities

  • Utility Description: Water Available, Sewer Available, Gas Available, Electricity Available, Telephone, Cable TV Available

Structural Information

  • Square Feet: 4,000
  • Current Bldg. Use: 6A0
  • Year Built: 1916

Lot Features

  • Lot Dimensions: 40 x 121
  • Frontage: Boro/Township
  • Topography: Level
  • Zoning: CMX3

Financial Considerations

  • Tax Amount: $3,005
  • Tax Year: 2016

Disclosures and Reports

  • Ownership: Condo

Listed by MGC Real Estate Group

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Estimate the Cost

20 N 3rd St #102 will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

20 N 3rd St #102, Philadelphia, PA 19106 (MLS# 6895029) is a Commercial property. 20 N 3rd St #102 is currently listed for $1,000,000 and was received on June 16, 2016. Want to learn more about 20 N 3rd St #102? Do you have questions about finding other Commercial real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

Listed by MGC Real Estate Group

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