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$ 3,250,000
Est. payment | /mo
5,816 SqFt
$ 3,250,000
Est. payment | /mo
5,816 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,816 sqft
Price per Sqft $558
MLS Listing ID PAPH2368042
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $25,603
Tax Year 2024
Lot Dimensions 35.00 x 66.00
Property Description
The property located at 23-25 South 19th Street, the corner of South 19th and Ludlow Street. 23-25 South 19th Street consists of two parcels and one building, with approximately 5,800sf, over three floors and a lot area of 2,880sf. The ground floor consisting of two commercial spaces each +/- 1,000sf and additional basement space. Originally a 2,000sf dry cleaning location the space was demised in 2017 and two units created. Due to the nature of the use, ownership had a Phase II environmental site assessment done at that time, which provided a clean assessment with no need for reporting or remediation. The two units are now occupied by Healthy Picks Deli on the corner and Ye Old Cleaners and Taylor in the inline space. A stairway on the south side of the property leads to the upper floors. The 2nd floor office space has been occupied by Creative Realty since 2018, and they have just extended their lease for an additional year till June 2024. The residential units consist of one studio and two/ 1 bedroom units on the 2nd and 3rd floors.
23-25 South 19th street sits on the southeast corner of 19th and Ludlow directly in from of the Motto by Marriot hotel, which is also home to the highly ranked Mexican inspired restaurant Condesa. The Rittenhouse Square neighborhood is the premier dining and shopping neighborhood in downtown Philadelphia. Showcasing some nationally regarding restaurants including Parc, Vernick, Friday Saturday Sunday, and Her Place. With several new residential development projects completed and in the pipeline Rittenhouse Square continues to add more density and foot traffic to one of the most visited neighborhoods in the Philadelphia region.
23-25 South 19th street sits on the southeast corner of 19th and Ludlow directly in from of the Motto by Marriot hotel, which is also home to the highly ranked Mexican inspired restaurant Condesa. The Rittenhouse Square neighborhood is the premier dining and shopping neighborhood in downtown Philadelphia. Showcasing some nationally regarding restaurants including Parc, Vernick, Friday Saturday Sunday, and Her Place. With several new residential development projects completed and in the pipeline Rittenhouse Square continues to add more density and foot traffic to one of the most visited neighborhoods in the Philadelphia region.
Location
State PA
County Philadelphia
Area 19103 (19103)
Zoning CMX5
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Other
Water Other
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871269600
Ownership Other
Special Listing Condition Standard
Listed by Veronica Gintel Blum • Mallin Panchelli Nadel Realty Inc
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Lysa Bishop
Agent | License ID: 1865788