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Spectacular turn-key creative office 1227-1237 N 4th St 28,514 SF Office Building Philadelphia, PA 19122 $6,250,000 ($219.19/SF)



Executive Summary
Impeccable conversion of the historic St Luke’s Lutheran Church, built in 1854, into a modern creative office building, fully renovated in 2013
Excellent architectural details including historic facade and A-frame roof, exposed timber columns and beams throughout, original hardwood, exposed brick walls and ductwork, and roof deck
Owner occupied as corporate headquarters since 2017, with recent upgrades including 50 KW solar roof installation, new lighting, and high capacity fiber-optic wiring throughout Rear portion of the building fronting Orianna Street is single story warehouse which can be built upon with zoning approval
Property includes corner surface lot for six car parking, plus two separately deeded small residential lots on Thompson Street Located in the Olde Kensington neighborhood, which has experienced explosive growth in the last decade, and only a few blocks from destination retail and F&B in Fishtown
One block north of Girard Avenue, easily accessible by car, bus, trolley, train, and Indego bikeshare
Excellent architectural details including historic facade and A-frame roof, exposed timber columns and beams throughout, original hardwood, exposed brick walls and ductwork, and roof deck
Owner occupied as corporate headquarters since 2017, with recent upgrades including 50 KW solar roof installation, new lighting, and high capacity fiber-optic wiring throughout Rear portion of the building fronting Orianna Street is single story warehouse which can be built upon with zoning approval
Property includes corner surface lot for six car parking, plus two separately deeded small residential lots on Thompson Street Located in the Olde Kensington neighborhood, which has experienced explosive growth in the last decade, and only a few blocks from destination retail and F&B in Fishtown
One block north of Girard Avenue, easily accessible by car, bus, trolley, train, and Indego bikeshare
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
28,514 SF
Building Class
B
Year Built/Renovated
1915/2012
Price
$6,250,000
Price Per SF
$219.19
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
9,504 SF
Building FAR
2.11
Lot Size
0.31 AC
Zoning
L4
Parking
8 Spaces (0.28 Spaces per 1,000 SF Leased)
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Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 882892195 | Improvements Assessment | $3,307,600 |
| Land Assessment | $826,900 | Total Assessment | $4,134,500 |
Property Taxes
Parcel Number
882892195
Land Assessment
$826,900
Improvements Assessment
$3,307,600
Total Assessment
$4,134,500
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Spectacular turn-key creative office | 1227-1237 N 4th St
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