1150-56 N American St

$2,800,000

$2,800,000

1150-56 N American St

Northern Liberties

1150-56 N American St Philadelphia, PA 19123 United States

Attn Investors & developers. 9600 sq ft commercial building with long term tenant (now month to month) since 2010 . Tenant pays approximately 7k/month. Property is in the heart of N. Liberties. Tons of potential here. Keep the tenant and enjoy the appreciation as the area continues to evolve in your buy & hold strategy. For the developer perhaps build on top to the existing structure condo’s/apartment and use the lower level as indoor parking for the units above. Another possibility is commercial space(stores)on the 1st flr with units above. The lot itself is approximately 17k sq ft and offers pretty good parking now. There is an office behind the counter with 1 bathroom. Location is minutes from center city via N.2nd street. With the Piazza next store and N.2nd business community growing this is desirable location. Public trans with the Girard ave trolley at the corner and Market/Frankford line couple blocks away makes this a convenient location. Minutes to the Ben Franklin Bridge(to NJ) is another benefit. All the development on the north side of Girard(19122) will only help the N. Liberties area grow in value and desirability.

Courtesy of RE/MAX Access