$1,925,000
$2,300,000
16.3%For more information regarding the value of a property, please contact us for a free consultation.
9,999 SqFt
SOLD DATE : 06/29/2023
Key Details
Sold Price $1,925,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 9,999 sqft
Price per Sqft $192
Subdivision Newbold
MLS Listing ID PAPH2164290
Sold Date 06/29/23
Style Other
Abv Grd Liv Area 9,999
Originating Board BRIGHT
Year Built 2011
Annual Tax Amount $19,343
Tax Year 2023
Lot Size 3,302 Sqft
Acres 0.08
Lot Dimensions 66.00 x 67.00
Property Description
Welcome to 1437 W Passyunk Ave! This 10,000 SF multi-use property is the perfect opportunity for any business owner or investor. 1437 W Passyunk was built from the ground up in 2011 by the current owners, who use the first two commercial floors for their business and live above on the third and fourth residential floors. Positioned on the corner of 15th and Passyunk, the property is zoned CMX-2, allowing for a multitude of end-users. The property’s corner location, and large first-floor windows allow for tons of exposure to both walking and vehicular traffic. The property consists roughly of 5,200 SF of commercial space and 4,800 SF of residential space. The first-floor commercial space, which is open layout, is currently used as a retail/showroom. Take the spiral stairs up to the mezzanine level overlooking the first floor, which is great for additional seating, flex space, or can be converted to offices. Through the mezzanine doorway, or by taking the back elevator access, you will enter a large room that is currently used as office space. There is a private conference room, two private offices, a kitchen and dining area, and two restrooms. The last piece of the commercial space is the basement, roughly 1,700 SF of space, perfect for storage. Thanks to separate entrances/exits and private staircases, the commercial space can be divided and used by one or two tenants. On 15th street lies the residential entrance and two car garage. Take the elevator or private residential staircase up to the third and fourth floor luxury apartment, which includes two bedrooms, two full and two half bathes. Hardwood flooring and stunning high-end finishes flow throughout the apartment, as well as tons of natural light thanks to the numerous windows and juliette balcony doors. The Chef’s kitchen is entirely custom and includes intricate details such as two sinks, a large subzero refrigerator, built in espresso/coffee machine, Wolf gas range, dual ovens, full pantry, island and bar seating. Just off the kitchen lies a spacious spare bedroom with full bath. The primary suite has two walk-in closets, a small patio, and a full bath with walk-in glass shower and separate soaking tub. Just off the primary suite is the laundry room. A half bath and extra closet space bring you back around to the elevator. One floor up lies a spacious roof deck with 360-degree views. Listed for sale at $2,300,000, this property could be yours to live and work in, or live and lease out to one or two commercial tenants. The commercial space is also available for lease – please reach out to the listing agent for more information or inquiries.
Location
State PA
County Philadelphia
Area 19145 (19145)
Zoning CMX2
Rooms
Basement Other
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Parking Features Covered Parking
Garage Spaces 2.0
Water Access N
Accessibility None
Attached Garage 2
Total Parking Spaces 2
Garage Y
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871001020
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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