Philadelphia, PA 19107,214 S 11TH ST
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Philadelphia, PA 19107,214 S 11TH ST
Philadelphia, PA 19107,214 S 11TH ST
Philadelphia, PA 19107,214 S 11TH ST
Philadelphia, PA 19107,214 S 11TH ST

$1,200,000

Est. payment /mo

$1,900,000

36.8%
Est.Price: ?

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214 S 11TH ST Philadelphia, PA 19107

6,680 SqFt

SOLD DATE : 04/30/2024

Key Details

Sold Price $1,200,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 6,680 sqft

Price per Sqft $179

MLS Listing ID PAPH2239420

Sold Date 04/30/24

Originating Board BRIGHT

Year Built 1920

Tax Year 2022

Lot Size 2,460 Sqft

Acres 0.06

Lot Dimensions 20.00 x 123.00

Property Description

Adaptive Reuse Opportunity: Convert from Office to Multifamily
Proximity to Essential Shopping and Retail: National Essential Retailers at Your Front Door
Highly Desirable Midtown Village Location: The Most Desirable Neighborhood in Philadelphia
Inclusive Center City Zoning: CMX-4 Zoning Allows for Significant Density
Transit Oriented Location: Close to Major Roadways and Public Transit

The Property is comprised of 6,680 SF improvements on 2,460 SF of CMX-4 zoned land in the Midtown Village neighborhood of Philadelphia. The Midtown Village section of Center City is considered one of the most desirable neighborhoods in the Philadelphia MSA featuring award-winning retail, eateries, and nightlife.

The Pilot Building is an outstanding opportunity to convert a well-located asset to multifamily, an alternative commercial use, or begin an assemblage with attractive zoning. Future tenants will live or work directly adjacent to the Jefferson University Hospital Campus, Fashion District, Target, and Planet Fitness. The Property is steps from the new Jefferson University Specialty Care Pavilion, which is projected to have $600M+ in economic impact.

The Property is located minutes from major arteries including I-76, I-676, and I-95 providing unparalleled access to the Philadelphia MSA. The Pilot Building is about a 5-minute walk of the station at 11th and Market Streets for the Market-Frankford Line carrying commuters to points in Center City, University City, 30th Street Station, and the Philadelphia Suburbs.

Location

State PA

County Philadelphia

Area 19107 (19107)

Zoning CMX4

Interior

Hot Water Natural Gas

Heating Baseboard - Electric

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

Accessibility 2+ Access Exits, Elevator, Level Entry - Main

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 771013100

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Alex C Prince • TCS Management, LLC
Bought with Alex C Prince • TCS Management, LLC

Jan Crowley

License ID: 660313

+1(443) 538-4326

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