128 LOMBARD ST Active

Philadelphia,PA 19147

$ 599000

- Bed

- Bath

2441 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,441 sqft

Price per Sqft $245

Subdivision Old City

MLS Listing ID PAPH2415898

Year Built 1800

Annual Tax Amount $7,847

Tax Year 2024

Lot Size 1,197 Sqft

Property Description

Available now, mixed-use property at 128 Lombard Street (the ?Property? or ?Asset?) situated in the affluent Society Hill neighborhood of Philadelphia. The Asset is comprised of an existing two-bedroom/two-bath apartment unit and 800� square feet of office space. The apartment unit boasts luxury finishes including stone countertops, stainless steel appliances, upgraded fixtures, and a private outdoor space.

The Asset presents the opportunity to acquire a building with unparalleled character in a high-quality location. This is a turnkey asset allowing a new owner the opportunity to upgrade the office space and command a rental premium over the prior in-place rent.

The Society Hill neighborhood is well known for its affluence and picturesque brownstones. It is one of the most historic and protected areas in the city maintaining its old-world charm dating back to the founding fathers.

The Property is located minutes from major transportation routes including Interstates 95, 76, and 676 and Delaware Avenue, providing daily commuters access to the entire Philadelphia MSA. Current and future tenants are steps from award-winning restaurants such as Pizzeria Stella, Zahav, Bridget Foy?s, and Bloomsday.

Location

State PA

County Philadelphia

Area 19106 (19106)

Zoning CMX2

Interior

Hot Water Electric

Heating Hot Water

Cooling Central A/C

Exterior

Waterfront N

Water Access N

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Special Listing Condition Standard

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