161 N 21st St
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161 N 21st St
3,312 SF 100% Leased Retail Building Philadelphia, PA 19103 $1,850,000 ($559/SF)
Investment Highlights
- Long-term, stable restaurant tenant on the ground floor.
- High efficiency stainless steel appliances.
- Three (3) spacious residential units on the 2nd and 3rd floors.
- Eat-in Kitchen with quartz countertops.
Executive Summary
Rare opportunity to own a beautifully renovated mixed-usebuilding located on the prominent corner of 21st and Race. Thenewly renovated building has a strong performing long-termrestaurant tenant on the ground floor and three high-endapartment units above. Located right in the epicenter of Philly’smuseum district, the building is just steps away from some of thecity’s most famous entertainment attractions such as The FranklinInstitute, Barnes Foundation, and The Academy of NaturalSciences. Also, with plenty of retail and restaurants withinwalking distance as well as millions of square feet of newresidential and commercial development being built within blocksof this location, the building offers any buyer a tremendousinvestment opportunity.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,312 SF
Building Class
C
Year Built
1900
Price
$1,850,000
Price Per SF
$559
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.53
Lot Size
0.03 AC
Zoning
CMX1
Frontage
18 FT on 21st St
Amenities
- Signalized Intersection
Walk Score ®
Walker's Paradise (96)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (88)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 871288900 | Improvements Assessment | $692,160 |
| Land Assessment | $173,040 | Total Assessment | $865,200 |
PROPERTY TAXES
Parcel Number
871288900
Land Assessment
$173,040
Improvements Assessment
$692,160
Total Assessment
$865,200
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161 N 21st St
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