Presenting a 2-story freestanding CMX3 Commercial Mixed-Use building, with a combined footage of 8036 SF, including a partially finished basement. The sale offer is accompanied by an adjacent lot, offering a combined land area of 4,544 SF. The property features a 37' frontage on Broad Street, is strategically positioned between Temple University's main campus and its medical school, with convenient walking access to over 10 public transportation routes.
Property Details:
Building Size: 4,736 SF across the first and second floor and 3,300 SF in partially improved basement. Two staircases provide easy access and fire escape routes from basement to the first floor. Parking: On-site parking for 4 vehicles, with a wheelchair-accessible ramp. Heating: Electric baseboard heating, oil boiler, radiators, and some existing ductwork for future zoned HVAC systems. Cooling: Window A/C units. Security: Equipped with cameras and fire alarm system. Historical Uses: Formerly utilized as a workers' union headquarter, Western Union, detective/security/alarm agencies and adult day care services.
Investment Highlights:
Located in Opportunity Zone: Eligible for certain capital gain tax benefits. Since vacant for more than 3 years, additional benefits of significant improvement exemption may apply. Bulk Sale Offering: This sale is for a package deal only, comprising of two parcels of real estate, which cannot be purchased separately. The properties included in this offering are as follows: Property 1: 2810-2812 N Broad Street, Philadelphia, PA 19132 (Tax ID: 883361895); Property 2: Fenced vacant lot located at 1412 W Rush Street, Philadelphia, PA 19132 (Tax ID: 111014200). Located in Avenue of the Arts North cultural district.
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