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$3,700,000
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Property Description
NEWLY REDUCED COMMERCIAL BUSINESS & BRICKS - AWESOME OPPORTUNITY! Did you ever want to own your own business with Endless potential and possibilities?? Now is your opportunity to purchase a fully equipped/operational and established business with so many alternative uses for the property. Located Directly on the Corner of 22nd and Arch Street, The neighborhood is economically supported by the presence of a heavily populated area and by the prestigious Logan Square neighborhood and Rittenhouse Residences. So many Condo buildings and townhomes, yet no one has anywhere to sit and dine either casually or fine dining. Food/Liquor/Beer/Wine License included with purchase. All inventory, refrigerators, freezers, walk-ins, and HOOD included with sale. Two Large Bathrooms and an abundance of Storage space, Office Space also, makes this a perfect Investment for a New Bar/Restaurant in the Neighborhood, or you can keep the Arch Gourmet as is! Permit for 3 outside table areas that need to be renewed yearly with the City of Phila. Influential and Prestigious Location for whatever you think is needed on this end of town! Make it happen make this space yours!
Full Property Details
Full Property Details for 2200 Arch St #103
General
- Price: $3,700,000
- Taxes: $12,713 (2025)
- Status: Active
- Type: Retail
- Source: BrightMLSPhilly
- MLS ID: PAPH2146332
- Updated: 8/23/2024
- Added to Site: 1, 073 day(s) ago
Business
- Name: Arch Gourmet
- Business Type: Supermarket/Grocery Store, Restaurant/Bar, Other/Gen
- Year Established: 2010
Interior
- Flooring: Hardwood, Ceramic Tile
Rooms
Bathrooms
- Restrooms: 2
Additional Information
- Security/Safety: 24 hour security, Doorman, Desk in Lobby, Security System
- Other Features: Walk-In Box, Storage, Signage Allowed, Security System, Refrigerator(s), Kitchen, Exhaust System
Parking
- Parking Type: On Street
Location
- Area: 19103 (19103)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Development Name: Logan Square
- Subdivision: Logan Square
- Building Name: 2200 ARCH (LARKIN-BELBER BLDG.)
- Driving Directions: On the Corner of 22 and Arch Street
School Information
- School District: The School District Of Philadelphia
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Heating Type: Heat Pump - Electric BackUp
- Heating Fuel: Electric
- Water Heater: Natural Gas
Utilities
- Sewer: No Septic System
- Water: Public
Structural Information
- Architect: Wulff
- Builder: Orens Brothers
- Construction: Masonry
- Stories/Levels: 0
- Current Bldg. Use: Commercial, Food & Beverage, Restaurant, Convenience Store
- Retail: 3,280 Sq. Ft.
- Year Built: 2009
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- # Tenants: Single
Lot Features
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Zoning: CMX5
Financial Considerations
- Price Per Sq. Ft.: $1,128.05
- Assessment Year: 2025
- School Tax: $4,650
- City/TownTax: $8,063
- City/TownTax Freq: Annually
- Tax w/Assessment: $908,200
- Tax Amount: $12,713
- Tax Year: 2025
- Owner Pays: Air Conditioning, Association Fees, Common Area Maintenance, Electricity
- Landlord Pays: Air Conditioning, Association Fees, Common Area Maintenance, Electricity
Disclosures and Reports
- Ownership: Other
- Inclusions: EVERYTHING
- Purchase Optional: Yes
- Lot Number: 3080
Listed by Orens Brothers Real Estate Inc, Jonathan M Orens
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Schools
Schools serving 2200 Arch St #103
School District:The School District Of Philadelphia
Rating | Name | Grades | Distance |
---|---|---|---|
2200 Chestnut St, Philadelphia, PA 19103 | K-8 | 0.2 mi | |
550 N Broad St, Philadelphia, PA 19130 | 9-12 | 0.9 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 2200 Arch St #103
Date
Details
Price
Change
Source
8/23/2024
Price Reduced
$3,700,000
-7.5%
MLS
10/26/2023
Price Increased
$4,000,000
33.33%
MLS
8/03/2022
Listed
$3,000,000
172.73%
MLS
12/12/2008
Sold
$1,100,000
—
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 2200 Arch St #103
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,713
63%
$908,200
100%
2021
$7,776
-8%
-100%
2023
$8,476
9%
$605,500
9%
2020
$7,776
—
$555,500
—
2019
$7,776
-31%
$555,500
-31%
2018
$11,271
—
$805,200
—
2017
$11,271
—
$805,200
—
2016
$11,271
4%
$805,200
—
2015
$10,790
—
$805,200
—
2014
$10,790
134%
$805,200
1606%
2013
$4,612
—
$47,200
—
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 2200 Arch St #103
2200 Arch Street #103, Philadelphia, PA 19103 (MLS# PAPH2146332) is a Retail property. 2200 Arch Street #103 is currently listed for $3,700,000 and was received on August 03, 2022. Want to learn more about 2200 Arch Street #103? Do you have questions about finding other Retail real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.