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Mixed-Use

20th Street Mixed Use Property

16 S 20th St, Philadelphia, PA 19103

Listing Price: Request For Offer

Gross SF
6,898
Rentable SF
6,898
Lot Size
0.04 acres
Year Built
1900

Investment Overview

Pride of Ownership The subject property represents a unique opportunity to acquire a prime mixed-use asset in an irreplaceable Center City location. Prestigious Neighborhood The property is located in the heart of Center City Philadelphia - Just two miles from City Hall, Washington Square Park, Independence Hall, the Liberty Bell, and Philadelphia’s Historic Old City. This is an urban-infill location with a population of almost 88,000 residents, with an average household income of $121K within a dense one-mile radius. Annually, Philadelphia receives about 46 million visitors. Accessibility & Transit The property’s location affords easy access to Routes 676 and Route 76. Market Street is located one short block away, and has a plethora of transit options and stops (SEPTA Subway, Trolley, and Bus). The property is one mile from 30th Street Train Station - The 11th busiest train station in the U.S. Additionally, the Philadelphia Navy Yard, Philadelphia International Airport, and the Sports Complex are all within a quick 15-minute drive. Potential Upside Ownership purchased the property with approvals for six (6) one-bedroom units. An investor may be able convert the permitted use back, which will enable a buyer to add an additional two units

Investment Highlights

  • 16-18 South 20th Street is a four-story mixed-use building in the heart of Philadelphia's Central Business District.
  • The property consists of two ground floor retail units that will be delivered fully leased.
  • The 2nd, 3rd and 4th floors are currently zoned for four apartments, two (2) one-bedroom/one-bath units, and two (2) two-bedroom/two-bath units, with an average unit size of 920SF+/-.

Exclusively Listed By

Financing By

Mixed-Use

20th Street Mixed Use Property

Listing Price: Request For Offer

Gross SF
6,898
Rentable SF
6,898
Lot Size
0.04 acres
Year Built
1900

Investment Highlights

  • 16-18 South 20th Street is a four-story mixed-use building in the heart of Philadelphia's Central Business District.
  • The property consists of two ground floor retail units that will be delivered fully leased.
  • The 2nd, 3rd and 4th floors are currently zoned for four apartments, two (2) one-bedroom/one-bath units, and two (2) two-bedroom/two-bath units, with an average unit size of 920SF+/-.

Investment Overview

Pride of Ownership The subject property represents a unique opportunity to acquire a prime mixed-use asset in an irreplaceable Center City location. Prestigious Neighborhood The property is located in the heart of Center City Philadelphia - Just two miles from City Hall, Washington Square Park, Independence Hall, the Liberty Bell, and Philadelphia’s Historic Old City. This is an urban-infill location with a population of almost 88,000 residents, with an average household income of $121K within a dense one-mile radius. Annually, Philadelphia receives about 46 million visitors. Accessibility & Transit The property’s location affords easy access to Routes 676 and Route 76. Market Street is located one short block away, and has a plethora of transit options and stops (SEPTA Subway, Trolley, and Bus). The property is one mile from 30th Street Train Station - The 11th busiest train station in the U.S. Additionally, the Philadelphia Navy Yard, Philadelphia International Airport, and the Sports Complex are all within a quick 15-minute drive. Potential Upside Ownership purchased the property with approvals for six (6) one-bedroom units. An investor may be able convert the permitted use back, which will enable a buyer to add an additional two units

Exclusively Listed By

Financing By

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