3251 Fox St

Estimated Monthly Payment: $35,632/mo 3251 Fox St, Philadelphia, PA 19129 MLS# PAPH1026300 Commercial Sale Listing Status: Active
346
237
0
4

REMARKS:

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.

OVERVIEW:

Commercial Sale
Active
BRIGHT
PHILADELPHIA
1955
1.50
65328
Fenced,Paved Parking,Private,Surface
Heat Pump(s)
Electric
Heat Pump(s)
Public
Public Sewer

FINANCIAL:

7500000
17167
17167

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Geis Realty Group, Inc.

 

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