1216-20 ARCH ST #1, Philadelphia, PA 19107
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1216-20 ARCH ST #1, Philadelphia, PA 19107
1216-20 ARCH ST #1, Philadelphia, PA 19107
1216-20 ARCH ST #1, Philadelphia, PA 19107
1216-20 ARCH ST #1, Philadelphia, PA 19107
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Alec Dormer

Alec Dormer

+1(717) 856-4126
Listed by Josh Weiss • MSC Retail, Inc.
$ 2,350,000
Est. payment /mo
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Price Dropped by $150K

1216-20 ARCH ST #1 Philadelphia, PA 19107

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2518952

Year Built 1900

Annual Tax Amount $49,070

Tax Year 2024

Lot Dimensions 74.00 x 173.00

Property Sub-Type Office

Source BRIGHT

Property Description

Welcome to 1218 Arch Street, a rare opportunity to own a large ground floor commercial condominium in the heart of Philadelphia, directly across from the Convention Center and Reading Terminal. Located just a block from Market Street, Broad Street, City Hall, public transportation and parking, hotels, cultural attractions, restaurants and retail. The ground floor consists of 12,350 SF with a retail storefront and loft-style interior, including high ceilings, hardwood floors, exposed brick and columns. This fully built out space includes a large open meeting room, two conference rooms, partitioned offices, kitchenette, men's and women's restrooms, and a loading area directly accessible from Cuthbert Street. The basement area is over 12,000 SF with 12' ceilings -- an unusually large and usable block of space for storage or back-of-house operations. A small portion of this basement space is leased to AT&T and T-Mobile, generating significant revenue for the owner of this unit. Do not miss this rare opportunity to own a large ground floor commercial space in the heart of Center City, Philadelphia!

Location

State PA

County Philadelphia

Area 19107 (19107)

Zoning CMX5

Interior

Hot Water Other

Heating Other

Cooling Central A/C

Heat Source Other

Exterior

Water Access N

Accessibility Other

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 883305700

Ownership Condominium

Special Listing Condition Standard

Bright MLS (BMLS)

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Alec Dormer

Realtor License ID: RS362103

+1(717) 856-4126 | alec@dormerrealestate.com

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1216-20 ARCH ST #1