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Landreth Bldg 221 Chestnut St
12,000 SF 83% Leased Office Building Philadelphia, PA 19106 $2,500,000 ($208/SF)
Investment Highlights
- The property features a five-story, 12,000SF office building in the Heart of Old City.
- Unique opportunity for an owner user to occupy this office building; flexible leases allow for phased growth with the other occupied floors producing
- The property is within a short walk to SEPTA and PATCO.
- Property boasts high ceilings, floor to ceiling windows, exposed wood beams and an elevator.
- Currently 80% occupied with short-term leases, the building offers an excellent opportunity to convert the building into highly sought after apartment
- Building is being offered at $2,500,000.
Executive Summary
Property Facts
Amenities
- Property Manager on Site
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Full Floor office suite for lease Elevator served 5 story office building 2 bathrooms on the floor open space throughout with exposed ceilings in space on Chestnut Street kitchenette and small offices in rear of space windows on front and back of the space along with a lightwell in the center of the floor!
| Space | Size | Space Use | Condition | Available |
| 4th Floor | 2,000 SF | Office | Partial Build-Out | Now |
4th Floor
| Size |
| 2,000 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
4th Floor
| Size | 2,000 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Full Floor office suite for lease Elevator served 5 story office building 2 bathrooms on the floor open space throughout with exposed ceilings in space on Chestnut Street kitchenette and small offices in rear of space windows on front and back of the space along with a lightwell in the center of the floor!
PROPERTY TAXES
| Parcel Number | 883300800 | Improvements Assessment | $1,790,080 |
| Land Assessment | $447,520 | Total Assessment | $2,237,600 |
PROPERTY TAXES
-
Brian Bernetich -
SSH Real Estate
Presented by
Landreth Bldg | 221 Chestnut St
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