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$1,200,000
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Property Description
Adaptive Reuse Opportunity: Convert from Office to Multifamily Proximity to Essential Shopping and Retail: National Essential Retailers at Your Front Door Highly Desirable Midtown Village Location: The Most Desirable Neighborhood in Philadelphia Inclusive Center City Zoning: CMX-4 Zoning Allows for Significant Density Transit Oriented Location: Close to Major Roadways and Public Transit The Property is comprised of 6,680 SF improvements on 2,460 SF of CMX-4 zoned land in the Midtown Village neighborhood of Philadelphia. The Midtown Village section of Center City is considered one of the most desirable neighborhoods in the Philadelphia MSA featuring award-winning retail, eateries, and nightlife. The Pilot Building is an outstanding opportunity to convert a well-located asset to multifamily, an alternative commercial use, or begin an assemblage with attractive zoning. Future tenants will live or work directly adjacent to the Jefferson University Hospital Campus, Fashion District, Target, and Planet Fitness. The Property is steps from the new Jefferson University Specialty Care Pavilion, which is projected to have $600M+ in economic impact. The Property is located minutes from major arteries including I-76, I-676, and I-95 providing unparalleled access to the Philadelphia MSA. The Pilot Building is about a 5-minute walk of the station at 11th and Market Streets for the Market-Frankford Line carrying commuters to points in Center City, University City, 30th Street Station, and the Philadelphia Suburbs.
Full Property Details
Full Property Details for 214 S 11th St
General
- Sold For: $1,200,000
- Taxes: (2022)
- Status: Closed
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAPH2239420
- Added to Site: 974 day(s) ago
Business
- Business Type: Apartment Building, Professional
Parking
- Parking Type: None
Location
- Area: 19107 (19107)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Driving Directions: Situated on South 11th Street between Walnut Street and Locust Street directly adjacent from Jefferson University Hospital.
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry, Stone
- Stories/Levels: 0
- Year Built: 1920
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,460
- Lot Size Source: Assessor
- Lot Dimensions: 20.00 x 123.00
- Zoning: CMX4
Financial Considerations
- Price Per Sq. Ft.: $284.43
- Assessment Year: 2023
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 21
Listed and Sold by TCS Management, LLC, Alex C Prince
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Schools
Schools serving 214 S 11th St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
McCall Gen George A School 325 South 7th Street, Philadelphia, PA 19106 | K-8 | 0.4 mi |
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130 | 12-11 | 1.1 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 214 S 11th St
Date
Details
Price
Change
Source
4/30/2024
Sold
$1,200,000
-36.84%
MLS
5/23/2023
Listed
$1,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
214 S 11th Street, Philadelphia, PA 19107 (MLS# PAPH2239420) is a Apartment property that was sold at $1,200,000 on April 30, 2024. Want to learn more about 214 S 11th Street? Do you have questions about finding other Apartment real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

