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Key Details
Sold Price $3,800,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Kensington
MLS Listing ID 1002686882
Sold Date 03/31/16
HOA Y/N N
Originating Board TREND
Year Built 1935
Annual Tax Amount $15,137
Tax Year 2016
Lot Size 3.934 Acres
Acres 3.93
Lot Dimensions 355X509
Property Description
Well located former Wanamaker warehouse facility consisting of 8 stories plus basement. Fronting on Allegheny Avenue, B Street and Clearfield Street with over an acre of fenced in parking area and/or storage area. 14 loading docks with automatic overhead doors, self-contained trash compactors, 4 freight elevators (1 needs repair). Windows on each floor recently replaced with aluminum storefront windows. First floor consists of warehouse space and modern air conditioned and heated office space with powder rooms. Lower Level/Mechanical Room which houses sprinkler system, Sprint/Nextel Panels, main transformer, electrical panels, air compressor and all other mechanicals pertinent to the building. Roofs have been well maintained and replaced as needed. Upgraded lighting. Ceiling heights 11'4" to 16'. Column spacing approximately 20'. The entire building has been upgraded and well maintained. A rare find for less than $12/sf. Plans in office. Entire building for rent at $5.50/sf for first floor only.
Location
State PA
County Philadelphia
Area 19134 (19134)
Zoning I2
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Natural Gas
Fireplace N
Exterior
Waterfront N
Water Access N
Parking Type Parking Lot
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 884037500
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Douglas R Sayer • Colliers International