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$1,650,000
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Property Description
Incredibly rare development opportunity along the booming Front Street corridor! Property is zoned CMX2.5 and has plans for 7 residential units plus ground floor commercial space. Plans could be amended for 8 residential units. Sale comes with an "R" liquor license. Original charm and finishes meticulously maintained throughout the building reflect the unique character of the property and the bustling neighborhood. Will qualify for a full 10-year tax abatement given the property is a renovation. Steadily increasing rents and property values in the neighborhood, along with a very robust development atmosphere, make this a prime opportunity for any investment buyer! Easy access to Fishtown, I-95, the Market-Frankfurt line make this an ideal location for condos or apartments! There is an existing elevator shaft, fire escape, large basement, five floors with very high ceilings. Harman Deutsch Ohler Architects have designed an incredible renovation plan calling for ground floor commercial, three 2 bedroom, 2bathroom units, three 1 bedroom, 1 bathroom units, and one 3 bedroom, 3bathroom penthouse with roof deck and pilot house. Expansive views of Center City and the Delaware River as this is one of the tallest buildings in Fishtown. Non Historic QOZ opportunity.
Full Property Details
Full Property Details for 2205 N Front St
General
- Sold For: $1,650,000
- Taxes: $2,407 (2022)
- Status: Closed
- Type: Commercial
- Source: BrightMLSPhilly
- MLS ID: PAPH2096488
- Added to Site: 1, 397 day(s) ago
Business
- Business Type: Other
Parking
- Parking Type: Other
Location
- Area: 19133 (19133)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Driving Directions: Intersection of Front/Emerald/Susquehanna
Heating & Cooling
- Cooling Type: Other
- Cooling Fuel: Other
- Heating Type: Other
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Stories/Levels: 0
- Year Built: 2022
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,320
- Lot Size Source: Assessor
- Lot Dimensions: 30.00 x 89.00
- Zoning: CMX25
Financial Considerations
- Price Per Sq. Ft.: $137.5
- Assessment Year: 2022
- School Tax: $1,321
- City/TownTax: $1,086
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $172,000
- Tax Amount: $2,407
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 29
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Schools
Schools serving 2205 N Front St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Brown Henry A School 1946 East Sergeant Street, Philadelphia, PA 19125 | K-8 | 0.3 mi |
Kensington Culinary Arts 2463 Emerald Street, Philadelphia, PA 19125 | 9-12 | 0.2 mi |
Kensington HS 2501 Coral Street, Philadelphia, PA 19125 | 9-12 | 0.3 mi |
Kensington Creative & Performing Arts High School 1901 North Front Street, Philadelphia, PA 19122 | 9-12 | 0.4 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 2205 N Front St
Date
Details
Price
Change
Source
12/31/2022
Sold
$1,650,000
—
MLS
3/23/2022
Listed
$1,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2205 N Front Street, Philadelphia, PA 19133 (MLS# PAPH2096488) is a Commercial property that was sold at $1,650,000 on December 31, 2022. Want to learn more about 2205 N Front Street? 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.

