This Retail Property is no longer advertised on LoopNet.com.

1218-1220 Wallace St
Philadelphia, PA 19123
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,028 SF
Building Class
C
Year Built/Renovated
1940/2011
Tenancy
Single
Building Height
2 Stories
Building FAR
2.69
Lot Size
0.06 AC
Zoning
RSA5
Frontage
36’ on Wallace St

About 1218-1220 WALLACE ST , PHILADELPHIA, PA 19123

Building was previously a daycare center from 2011 to 2016 w/ a base rent of $4000 a month. After the daycare moved on, it was leased to Liberty Church w/ deep discounts for 2 years to help it build up the new church. The new Liberty Church is now stable enough and ready to move on by itself beginning March 2018. Building has solid structure, high ceilings, and in good condition. There are many new expensive developments surrounding the building and in this section of the city. Previously zoned RM-1 for daycare and multi-family mixed use and now zoned for RSA-5 as a Religious Assembly.

Property Taxes

Property Taxes

Parcel Number
882963965
Land Assessment
$80,000
Improvements Assessment
$320,000
Total Assessment
$400,000
  • Listing ID: 10811183

  • Date on Market: 11/30/2017

  • Last Updated:

  • Address: 1218-1220 Wallace St, Philadelphia, PA 19123

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}