Philadelphia, PA 19123,1012-16 CALLOWHILL ST
Philadelphia, PA 19123,1012-16 CALLOWHILL ST
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$ 5,000,000
Est. payment | /mo

7,800 SqFt


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$ 5,000,000
Est. payment | /mo
Save

7,800 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 7,800 sqft

Price per Sqft $641

MLS Listing ID PAPH2317482

Originating Board BRIGHT

Year Built 1925

Annual Tax Amount $10,918

Tax Year 2024

Lot Size 7,800 Sqft

Acres 0.18

Lot Dimensions 60.00 x 130.00

Property Description

Welcome to 1012-16 Callowhill Street, a prime commercial warehouse nestled in the heart of the flourishing Spring Garden district. This versatile property is strategically positioned in close proximity to Chinatown and Highway 676, offering unparalleled accessibility for seamless transportation.

Zoned as Industrial Residential Mixed-Use, this dynamic space provides a unique opportunity for a variety of business ventures. Currently leased by a wholesaler, the property showcases a robust income stream while offering a blank canvas for your entrepreneurial vision.

The strategic location within a rapidly growing area amplifies the investment potential of this property. You can take advantage of the thriving surroundings and capitalize on the burgeoning opportunities in the Callowhill.

Boasting a spacious interior, the warehouse presents endless possibilities for customization and expansion. The open layout allows for flexible usage, making it ideal for various industries and ventures. Whether you're looking to continue the current leasing arrangement or embark on a new venture, the building's design and zoning provide the flexibility needed for success.

In addition to its commercial appeal, the property's proximity to major transportation routes, including Highway 676, ensures convenient logistics for the efficient movement of goods and services. This strategic location enhances the property's value as a logistical hub, serving as a catalyst for business growth.

Location

State PA

County Philadelphia

Area 19123 (19123)

Zoning IRMX

Interior

Hot Water 60+ Gallon Tank

Heating None

Cooling Ceiling Fan(s)

Heat Source Electric

Exterior

Garage Spaces 1.0

Water Access N

Accessibility >84\" Garage Door, 32\"+ wide Doors

Total Parking Spaces 1

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 884451600

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Zhi wei Lin • Realty Mark Associates
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1012-16 CALLOWHILL ST