499 N 5th St
Philadelphia, PA 19123
Office Property For Sale

The Property is located at the southeast corner of 5th and Spring Garden Streets, in the Spring Garden/Callowhill section of the City of Philadelphia and consists of a one-story, single occupant, office building that contains a gross building area of 36,000± square feet. Inclusive of the adjacent surface parking area the Property in its entirety measures 1.50± acres or 65,340± square feet. The area where the Property is located is now often referred to in the rapidly growing “Center City Expanded” area of the City. Over the last five (5) years, residential and commercial investment and development has been brisk and has steadily increased recently. The desirability of the Property is further enhanced by its size (approximately 1.5 acres of land) and its location in the middle of the development push of Center City to the south, and Northern Liberties to the north. One of the recent signature mixed-use redevelopment projects, SONO featuring both Target and Yards Brewery, sits directly across from the Property. Access to the property is very good with easy accessibility to major highways (I-95 and I-676) and parking options. Additionally, public transportation options are varied (Market Frankford station stop within 3 blocks) and recent retail development has drawn increasing attention to the areas "walkability".