1227-29 N BROAD STREETPHILADELPHIA, PA 19122

Commercial · 30,852 Sq. ft. | 0.18 Acres
$4,450,000 ACTIVE

1227-29 N BROAD STREET Overview

Time on Site:
1636 days
Visits:
117

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.

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1227-29 N BROAD STREET Facts & Features

  • Type Commercial
  • Sq. ft. 30,852
  • Price/Sq.ft. $144
  • Lot 0.18 Acres

Details

General

Association/HOA

  • Association: No

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 1920

Business Information

  • Business Type: Shopping Center,Storage,Other

Location/Region

  • Country: US
  • County: PHILADELPHIA
  • County Or Parish: PHILADELPHIA
  • MLS Area Major: 19122 (19122)
  • Subdivision Name: YORKTOWN

Parking Information

  • Total Parking Spaces: 15
  • Type of Parking: Private Garage

Tax Information

  • City/Town Tax: 15337.00
  • City/Town Tax Payment Frequency: Annually
  • School Tax: 18648.00
  • Tax Annual Amount: $33,985.00
  • Tax Assessed Value: 2427900.00
  • Tax Year: 2023

General Information

  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2023
  • Zoning: CMX3

Interior

Building Information

  • Cooling Fuel: Natural Gas
  • Heating Fuel: Natural Gas
  • Total Drive In Doors: 1

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Estimated
  • Building Area Total: 30852.00
  • Central Air: Yes
  • Hot Water: Natural Gas

General Information

  • Accessibility Features: Elevator,Level Entry - Main
  • Cooling: Central A/C

Exterior

Building Information

  • Total Loading Docks: 0

Lot Information

  • Lot Size Acres: 0.18
  • Lot Size Dimensions: 50.00 x 160.00
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 8000.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Masonry
  • Fencing: No

General Information

  • Number Of Units Total: 0
  • Sewer: Public Sewer
  • Water Access: No

1227-29 N BROAD STREET Neighborhood

Community

19122 (PHILADELPHIA) Demographics

28
Median Age
16,599
Population Density (per sq. mile)
36%
College Educated
$44,758
Estimated Median Income
2,844
Estimated Total Home Owners
3,955
Estimated Total Renters
42% / 58%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

1227-29 N BROAD STREET Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1227-29 N BROAD STREET Market Data

Based on the last 30 days in this zip code

$445,656
Average List Price
$257
Average Price per Square Foot
19
Properties Sold
100
Average Days on Market
134
Properties for Sale
Calculations provided by Reliance Network

1227-29 N BROAD STREET History

Date Event Value Agent
12/3/2024Source: BRIGHT MLS Price Reduction
$6,200,000 -10.1%
12/3/2024Source: BRIGHT MLS Price Reduction
$6,100,000 -1.6%
12/3/2024Source: BRIGHT MLS Price Reduction
$5,400,000 -11.5%
12/3/2024Source: BRIGHT MLS Added to Database
January 06, 2022
12/3/2024Source: BRIGHT MLS Price Reduction
$4,500,000 -8.2%
12/3/2024Source: BRIGHT MLS Price Reduction
$4,475,000 -0.6%
12/3/2024Source: BRIGHT MLS Price Reduction
$4,450,000 -0.6%
Listing provided courtesy of Realty Mark Associates- MLS# PAPH2063014MLS ProviderContact Information: [email protected] - 2153764444