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1601-1603 S 2nd St 6,235 SF Retail Building Philadelphia, PA 19148 $1,400,000 ($224.54/SF)
INVESTMENT HIGHLIGHTS
- Located on Tasker Street in Philadelphia, PA, offering a significant retail presence with high visibility.
- Encompasses 6,982 square feet, providing ample space for various commercial or retail uses.
- Located in a zoning district that supports a range of commercial and residential uses, offering flexibility in redevelopment.
- A well-maintained, three-story masonry building built in 1915, showcasing timeless architectural character.
- Previously utilized as a funeral home, featuring specialized facilities that can be adapted for other purposes.
- Includes one dedicated parking space, enhancing convenience for tenants and customers.
EXECUTIVE SUMMARY
Located at 1601-1603 Tasker St. in Philadelphia, PA, this exceptional commercial property offers a unique investment opportunity in a prime location. With 6,982 square feet of well-maintained, three-story masonry construction, this building has served as a funeral home since 1915. Priced at $1,400,000, the property features one parking space and is zoned R10, providing flexibility for various uses.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,235 SF
Building Class
B
Year Built
1915
Price
$1,400,000
Price Per SF
$224.54
Tenancy
Single
Building Height
3 Stories
Building FAR
2.08
Lot Size
0.07 AC
Zoning
R10 - Residential
Parking
1 Spaces (0.16 Spaces per 1,000 SF Leased)
Frontage
Walk Score®
Very Walkable (86)
Bike Score®
Biker's Paradise (92)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 882010060 | Improvements Assessment | $492,795 |
| Land Assessment | $123,205 | Total Assessment | $616,000 |
PROPERTY TAXES
Parcel Number
882010060
Land Assessment
$123,205
Improvements Assessment
$492,795
Total Assessment
$616,000
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1601-1603 S 2nd St
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