3251 FOX ST, PHILADELPHIA, PA 19129 | PAPH1026300 | Berkshire Hathaway HomeServices Fox & Roach

3251 FOX ST $7,500,000

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    3251 FOX ST PHILADELPHIA, PA 19129

    • 58,158 sq. ft.
    • 1.50 Acres
    • Commercial
    • MLS# PAPH1026300
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    Views: 32 Days On Site: 104

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    Property Details

    This building has a wonderful story to tell'¦. the 2nd story was destroyed in a fire (elevator shaft still in place) and in 2020 the seller redeveloped and leased up from 0-100% in the middle of the pandemic (all tenants have 4% escalations). Since the package was put together, the Seller parted ways with one tenant, comprised of 527 SF. We expect to have it relet by the time any settlement would occur. The building features interior common hallways, shared drive-in loading dock, common bathrooms, with some units having direct retail access. Fully sprinklered building. Sale includes the adjacent +/-16,200 gated parking lot (44 spaces). Located at a signalized intersection in a QOZ, with fresh 10 year tax abatement. 500% FAR by-right. Offering Memorandum, Rent roll and cashflow models available upon request.

    • General Features
      • County PHILADELPHIA
      • HOA Y/N N
      • Municipality PHILADELPHIA
      • New Construction Y/N N
      • Tax Annual Amount 17167.00
      • Tax Year 2021
      • Water Access Y/N N
      • Waterfront Y/N N
      • Year Built 1955
      • Zoning I1
    • Building Features
      • Building Total SqFt 58158.00
      • Building Units Total 0
      • Business Type Other
      • Cooling Fuel Electric
      • Cooling Type Heat Pump(s)
      • Garage Y/N N
      • Heating Fuel Electric
      • Heating Type Heat Pump(s)
      • Sewer Septic Public Sewer
      • Total Garage And Parking Spaces 44
    • Property Features
      • Lot Size Acres 1.5
      • Lot Size Dimensions 305.00 x 530.00
    • Schools
      • Elementary School JOHN WHITTIER SCHOOL
      • High School SIMON GRATZ
      • Middle Or Junior School GROVER CLEVELAND SCHOOL
      • School District THE SCHOOL DISTRICT OF PHILADELPHIA

    Contact

    Premier Main Line Homes

    Premier Main Line Homes

    Team Website

    RS-187675-L

    BHHS Fox & Roach Wayne-Devon Sales Office

    Team Phone: 610-636-7455
    • Home Buyers Warranty
    • HSA Home Warranty

    Neighborhood

    Market Last 30 Days In This Postal Code

    $305,000 Median Sales Price
    18 Homes Sold
    24 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $7,500,000
        6/9/2021 9:49:00 AM New in Database Source: Multiple Listing Service New Value: $7,500,000

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        Information is supplied by seller and other third parties and has not been verified. All information provided is deemed reliable but is not guaranteed. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than consumers’ personal, non-commercial use. Copyright 2021 BRIGHT MLS – All Rights Reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.