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The subject property consists of a class C industrial building that was built circa 1930 and contains approximately 70,000 SF. The building is current divided into 13 units/suites with 11 5,000 SF units and two (2) 7,500 SF units. A majority of the building features 16' clear ceiling with other areas featuring higher ceilings. The building is accessed via 15 grade-level doors and in overall average condition. As of listing the building is 100% occupied by a total of 12 tenants with automotive repair and service business. The property is located on a 2.9186 acre site within the Kensington section of Philadelphia on the SEC of B Street and E Indiana Avenue. The property is located within the ICMX - Industrial Commercial Mixed-Use Zone of the City. This property includes 334 E Indiana Ave ID 884037701, 2961-69 B St ID 885974680, Expense:Taxes $32,000 Water $800 Insurance $60,000 per owner
DAYS ON MARKET | 279 | LAST UPDATED | 2/20/2024 |
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YEAR BUILT | 1930 | COMMUNITY | 19121 (19121) |
COUNTY | PHILADELPHIA | STATUS | Active |
PROPERTY TYPE(S) | Commercial |
PRICE HISTORY | |
Prior to Dec 30, '23 | $5,900,000 |
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Dec 30, '23 - Feb 20, '24 | $5,499,000 |
Feb 20, '24 - Today | $5,199,999 |
ADDITIONAL DETAILS | |
AIR | Window Unit(s) |
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AIR CONDITIONING | Yes |
APPLIANCES | Electric Water Heater |
AREA | 19121 (19121) |
BUYER'S BROKERAGE COMPENSATION | 3 |
HEAT | Electric |
LOT | 1.86 acre(s) |
LOT DIMENSIONS | 275.00 x 295.00 |
SEWER | Public Sewer |
TAXES | 18617 |
WATER | Public |
TOTAL MONTHLY PAYMENT
SATELLITE VIEW |
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