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Available now, mixed-use property at 128 Lombard Street (the "Property" or "Asset") situated in the affluent Society Hill neighborhood of Philadelphia. The Asset is comprised of an existing two-bedroom/two-bath apartment unit and 800± square feet of office space. The apartment unit boasts luxury finishes including stone countertops, stainless steel appliances, upgraded fixtures, and a private outdoor space. The Asset presents the opportunity to acquire a building with unparalleled character in a high-quality location. This is a turnkey asset allowing a new owner the opportunity to upgrade the office space and command a rental premium over the prior in-place rent. The Society Hill neighborhood is well known for its affluence and picturesque brownstones. It is one of the most historic and protected areas in the city maintaining its old-world charm dating back to the founding fathers. The Property is located minutes from major transportation routes including Interstates 95, 76, and 676 and Delaware Avenue, providing daily commuters access to the entire Philadelphia MSA. Current and future tenants are steps from award-winning restaurants such as Pizzeria Stella, Zahav, Bridget Foy's, and Bloomsday.
Property Type(s):
Commercial
| Last Updated | 11/14/2024 | Tract | OLD CITY |
|---|---|---|---|
| Year Built | 1800 | Community | 19106 (19106) |
| County | PHILADELPHIA |
Price History
| Prior to Nov 14, '24 | $625,000 |
|---|---|
| Nov 14, '24 - Today | $599,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | 19106 (19106) |
| HEAT | Hot Water, Natural Gas |
| LOT | 1307 sq ft |
| LOT DIMENSIONS | 19.00 x 63.00 |
| SEWER | Public Sewer |
| SUBDIVISION | OLD CITY |
| TAXES | 7847 |
| WATER | Public |
Location
Listing provided by TCS Management, LLC
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Data last updated: 1/9/25 11:47 PM PST
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