2222 Wakeling St
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2222 Wakeling St
51,941 SF 100% Leased Retail Building Philadelphia, PA 19137 $8,950,000 ($172/SF)
Executive Summary
A rare development or existing institutional use opportunity minutes away from the I95 Bridge St Exit!! Presently, a 50,000+ SF renovated and meticulously maintained worship facility is one of the finest in the Philadelphia Metro area. Includes 556 SF of frontage situated on a 204,934 SF lot. Paved parking area for approximately 300 plus cars and/or 125 plus trucks. Converted from a Super Market several years ago with upside for many Industrial- Warehouse, Retail, Commercial, or Institutional uses. Featuring: Two story masonry construction, architecturally inspired modern spacious floor plans throughout, beautifully decorated sanctuary with superior finishes, multi-step pulpit, upscale furniture, grand glass foyer/narthex, reception & administrative area, private elegant Pastor's Suite and Executive offices, large conference room, kitchen, retail store, library, separate audio-visual studio, state of the art equipment, private prayer rooms, loading dock, garage, and plenty of storage space. The adjacent 6,095 SF, education annex is functionally designed for classrooms and multi-purpose uses. Minutes from Center City, regional shopping & business centers, industrial parks, Philly International Airport, and major transportation hubs. Excellent neighborhood demographics & traffic count.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
51,941 SF
Building Class
C
Year Built/Renovated
2008/2012
Price
$8,950,000
Price Per SF
$172
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
2 Exterior
Building FAR
0.25
Lot Size
4.70 AC
Zoning
I2
Parking
310 Spaces (5.97 Spaces per 1,000 SF Leased)
Frontage
402 FT on Wakeling St
Walk Score ®
Very Walkable (70)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 778234200 | Improvements Assessment | $2,318,637 |
Land Assessment | $346,463 | Total Assessment | $2,665,100 |
PROPERTY TAXES
Parcel Number
778234200
Land Assessment
$346,463
Improvements Assessment
$2,318,637
Total Assessment
$2,665,100
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2222 Wakeling St
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