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1012-16 Callowhill Street

PHILADELPHIA, PA 19123
  • $5,200,000
  • STATUS: Active
  • ON SITE: 19 Days
  • ID#: PAPH2317482
UPDATED: 31 min ago
$5,200,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1925
County:

School Ratings & Info

School District:

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.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or McClain-Williamson Realty, LLC.. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-22T08:52:20.507.
www.mcclainwilliamson.com/homes/147214087
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1012-16 Callowhill Street PHILADELPHIA, PA 19123

  • Price: $5,200,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 31 min ago
  • ID#: PAPH2317482
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1925
Built
Neighborhood:
19123 (19123)
County:
Philadelphia
Area:
19123 (19123)
School District:
Philadelphia City
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.
Exterior Features

Construction Materials Masonry Garage YN No Parking Types On Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 7800.00 Cooling Ceiling Fan(s) Exclusions All Tenants Personal Property Heating None Net Square Feet 7800.00

Property Features

Acceptable Financing CashConventional Accessibility Features >84" Garage Door32"+ wide Doors Annual Gross Expense 0.00 Assessment Year 2023 Association Expense 0.00 Business Type Warehouse Central Air YN No Cooling Fuel None Electric Expense 0.00 Ground Rent Payment Frequency Annually Heating Fuel Electric Hot Water 60+ Gallon Tank Insurance Expense 0.00 Lease Considered YN No Maintenance Expense 0.00 Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Total 5 Operating Expense 0.00 Original MLSNumber 802840851128 Owner Pays None Ownership Interest Fee Simple Possession Settlement Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 10918.00 Tax Assessment Amount 780000.00 Tax Lot 245 Total Actual Rent 98400.00 Trash Expense 0.00 Vacation Rental YN No Water Source Public Zoning IRMX

Listing courtesy of Keller Williams Philadelphia: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or McClain-Williamson Realty, LLC.. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-22T08:52:20.507.
 
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McClain-Williamson Realty, LLC.
47 Main St.
East New Market MD, 21631