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451-453 N 12th St - 451 N 12th St #A 1,696 SF Retail Condo Unit Offered at $389,000 in Philadelphia, PA 19123
INVESTMENT HIGHLIGHTS
- Heavy traffic
- finished basement
- Closed to center city destination
EXECUTIVE SUMMARY
Prime Commercial Condo for Sale in Spring Garden - Vacant and Ready for Your Business A phenomenal opportunity awaits to own a commercial condominium unit in the highly sought-after Spring Garden neighborhood. This is your chance to establish your business in one of the most desirable and high-traffic locations in the city. Location, Location, Location unit boasts an unparalleled, highly walkable location, placing you directly in the center of the action. Your business will benefit from being just a short walk from Reading Terminal Market, Chinatown, Center City's premier dining and shopping districts, and a Major tourist destination. This central positioning ensures excellent accessibility and high foot traffic for any enterprise. The space was most recently utilized as a spa, but is currently vacant and ready for immediate occupancy and customization. With its flexible layout, this unit is an ideal blank canvas for a wide variety of ventures, including retail shops, professional offices, Medical or wellness practices. Your unique entrepreneurial concept. Don't miss out on this exceptional chance to secure a valuable piece of commercial real estate in a thriving urban market. Schedule your private showing today to explore the potential this Spring Garden commercial condo holds for your business.
PROPERTY FACTS
| Total Building Size | 350,000 SF | Typical Floor Size | 350,000 SF |
| Property Type | Multifamily (Condo) | Year Built | 2007 |
| Property Subtype | Apartment | Lot Size | 0.83 AC |
| Building Class | C | Opportunity Zone |
Yes
|
| Floors | 1 | ||
| Zoning | G2 /ICMX - Spa | ||
| Total Building Size | 350,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 350,000 SF |
| Year Built | 2007 |
| Lot Size | 0.83 AC |
| Opportunity Zone |
Yes |
| Zoning | G2 /ICMX - Spa |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Laundry Facilities
- On-Site Retail
- Walking/Biking Trails
- Public Transportation
1 UNIT AVAILABLE
Unit A
| Unit Size | 1,696 SF | Condo Use | Retail |
| Price | $389,000 | Sale Type | Investment |
| Price Per SF | $229.36 |
| Unit Size | 1,696 SF |
| Price | $389,000 |
| Price Per SF | $229.36 |
| Condo Use | Retail |
| Sale Type | Investment |
DESCRIPTION
Prime Commercial Condo for Sale in Spring Garden - Vacant and Ready for Your Business
A phenomenal opportunity awaits to own a commercial condominium unit in the highly sought-after Spring Garden neighborhood. This is your chance to establish your business in one of the most desirable and high-traffic locations in the city. Location, Location, Location unit boasts an unparalleled, highly walkable location, placing you directly in the center of the action. Your business will benefit from being just a short walk from Reading Terminal Market, Chinatown, Center City's premier dining and shopping districts, and a Major tourist destination. This central positioning ensures excellent accessibility and high foot traffic for any enterprise. The space was most recently utilized as a spa, but is currently vacant and ready for immediate occupancy and customization. With its flexible layout, this unit is an ideal blank canvas for a wide variety of ventures, including retail shops, professional offices, Medical or wellness practices. Your unique entrepreneurial concept. Don't miss out on this exceptional chance to secure a valuable piece of commercial real estate in a thriving urban market. Schedule your private showing today to explore the potential this Spring Garden commercial condo holds for your business.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 25 | - | - |
MAJOR TENANT INFORMATION
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| NY Bagel Cafe & Deli |
-
|
December 2028
|
| Ahzar Learning Center, LLC |
-
|
December 2017
|
| Alpha Bella Academy |
-
|
February 2014
|
| East Coast Business Fire Inc |
-
|
February 2014
|
Contact the Sale Advisor
451-453 N 12th St - 451 N 12th St #A