827 Spring Garden St
17,950 SF Industrial Building Philadelphia, PA 19123 For Sale
INVESTMENT HIGHLIGHTS
- Prime Location: Corner property at North 9th and Spring Garden Street, adjacent to the Rail Park, offering excellent accessibility and visibility.
- High Visibility: With 10,500 vehicles passing daily on Spring Garden Street, this location ensures substantial retail exposure for your business.
- Versatile Space: 17,950-SF warehouse with extensive office, warehouse, and flexible space along North 9th Street, suitable for various needs.
EXECUTIVE SUMMARY
Development Potential and Existing Lease: The property comes with a conceptual massing plan per zoning code, allowing for 128 units over 5 stories by-right, making it an excellent investment opportunity. Located in the rapidly developing Spring Garden corridor, which features over $1 billion in new projects, this area is transforming with thousands of new apartments, offices, and retail offerings. An existing lease is in place, providing immediate income potential. For more details, please inquire.
PROPERTY FACTS
AMENITIES
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Retailer
- 17,950 SF
- -
- -
The Sherwin-Williams Company delivers the best in paint and coatings products to the world. Every day, their employees provide the energy and experience to build on their track record of success – enabling them to innovate and grow in new and exciting ways. With their people as the foundation of their Company, they offer industry-leading innovation, value-added service and expertise, and differentiated distribution to their growing base of professional, industrial, commercial and consumer customers. Sherwin-Williams has one of the industry’s most recognized portfolios of branded and private-label products. The Company’s Sherwin-Williams® branded products are sold exclusively through a chain of company operated stores and facilities in the United States, Canada, the Caribbean and Latin America.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Retailer | 17,950 SF | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Open Plan
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 17,950 SF | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 17,950 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
PROPERTY TAXES
| Parcel Number | 884572000 | Improvements Assessment | $2,250,640 |
| Land Assessment | $964,560 | Total Assessment | $3,215,200 |
ZONING
| Zoning Code | IRMX (Industrial Residential Mixed-Use) |
CONTACTS
-
Jonathan Dubrow -
Gennadiy Kapkanov -
Peter Rothberg -
Coldwell Banker Commercial || RothbergDubrow
