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This stunning three-story, 10,195 sq ft executive office building in Philadelphia's Fairmount neighborhood presents a unique investment opportunity. Built in 1925 and meticulously restored, the property boasts original wood floors, exposed brick, high ceilings, and architectural details throughout. The flexible layout includes a first floor with private offices, a conference room, renovated kitchen, lounge area, expansive production space with a cyclorama, and three bathrooms. The second floor offers a large common space, four private offices (easily configurable), a kitchen/conference/lounge area, and two bathrooms. The third floor provides a large co-working space, smaller offices, and a luxurious bathroom. The building features two entrances, two garages (one single-car, one three-car minimum), and a rear yard. Zoned CMX-2, it offers incredible versatility, with potential for residential conversion (variance required). The building is currently 30% occupied and available for sale or lease. The 4,700 sq ft lot provides ample space, and the property is conveniently located near public transportation and Center City, with a parking lot nearby. This is a rare opportunity to acquire a beautifully restored historic building with significant potential in a highly desirable location. The asking price is $1,205,000, with a cap rate of 6.00% and a price per square foot of $0.12. The property includes split heating and air conditioning systems for individual floor control. The building's rich history, dating back to its origins as a brewery in 1863, adds to its unique character.
How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.