Short Sale
Listed By:
BHHS Fox & Roach The Harper at Rittenhouse Square
Address
300 Market Street, Philadelphia, PA
Price
$ 3,650,000
Property Attributes
  • MLS#PAPH2305684
  • TypeContingent
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19106
  • Zip19106
  • StyleRestaurant/Bar
  • Year Built2017
  • Taxes$ 4732
  • Price$ 3,650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1400
  • Lot Size1,742 SqFt
Data Source:
Bright MLS
Property Description

CORNER, mixed-use Investment opportunity in the heart of Old City! This turn-key property offers 12 residential studios with renovated baths and kitchens and in-unit laundry, PLUS one commercial space. Located along the commercial corridor of Market Street with access to the Market-Frankford subway line and Septa buses. Minutes from the historic district and a multitude of restaurants and shopping.

Price History
1/15/2024 Listed $4,150,000
2/16/2024 13% - $3,650,000

General Features

Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession 31-60 Days CD,61-90 Days CD
Zoning CMX3
Construction Materials Masonry
Year Built 2017
Property SubType Other
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Restaurant/Bar
Accessibility None
County PHILADELPHIA
Net Operating Income 181157.00
Operating Expense 52135.00
Insurance Expense 7340.00
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Property Use Investment
Status ACTIVE UNDER CONTRACT
Directions Corner of 3rd and Market
ModificationTimestamp 2024-04-05T19:35:57
City PHILADELPHIA
Buyer Agent Compensation 2.5
Total Units 13
MLS Area 19106 (19106)
Lot Size Square Feet 1760.00
Tax Assessed Value 338090.0
Waterfront Y/N No
Street Name MARKET
Tax Annual Amount 4732.0
Trash Expense 5790.00
Price Per Sq Ft 553.03
Vacation Rental Y/N No
Days on Market 82
Standard Status Active Under Contract
Year Built Source Assessor
Tax Lot 159
Total Actual Rent 230861.00
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric
Hot Water Electric
Total Stories 4
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N Yes
Total Restrooms 1

Exterior Features

Water Source Public
Type of Parking None
Land Use Code CA0
Water View Y/N No
Building Area Total 6600.00
Lot Dimensions 22.00 x 80.00
Lot Size Acres 0.04
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 338090.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 19106

Price
AVG $1.13M
$3.65M
Taxes
AVG $8,285
$4,732
Visits
AVG 200
168
Data Provided by Inside Real Estate®
Year Built
AVG 1935
2017

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