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$1,750,000
Est. payment /mo
8,274 SqFt
UPDATED:
11/23/2024 02:17 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 8,274 sqft
Price per Sqft $211
Subdivision Kensington
MLS Listing ID PAPH2395822
Originating Board BRIGHT
Year Built 1914
Annual Tax Amount $12,000
Tax Year 2025
Lot Size 9,200 Sqft
Acres 0.21
Property Description
Attention Investors/Developers - add this spectacular building of historical significance to your collection. Built in 1917 the building was designed by the distinguished architectural firm of Furness, Evans & Co. for The Western Savings Fund Society whose name is inscribed in the facade below the dentil mouldings. Furness, Evans & Co. was responsible for some of Philadelphia's finest buildings at the time, including the Girard Bank Building and the Merion Cricket Club. The building is located in the "HOT" gentrifying neighborhood of East Kensington. The recent addition of @ 1600 new residential units in the immediate area creates new demands and business opportunities for astute visionaries. The 1st floor of the building offers an open ballroom space with additional rooms in rear with a rear exit. The 2nd floor is a breath taking wide open space with soaring 20"+ ceiling and large arched windows. Zoned CMX 2.5 the property may be used for many types of businesses by right. Each side of the building offers courtyards that could be utilized for outdoor dining, etc.. A large cavernous basment offers additional potential. The building must be seen to appreciate the grandness and beauty of its remarkable construction.
Location
State PA
County Philadelphia
Area 19125 (19125)
Zoning C2
Interior
Hot Water Electric
Heating Forced Air
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 882014810
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Listed by Dennis McGuinn • Realty Broker Direct
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