161 N 21st St
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161 N 21st St
3,312 SF 100% Leased Retail Building Philadelphia, PA 19103 $2,598,658 CAD ($785 CAD/SF)
Investment Highlights
- Long-term, stable restaurant tenant on the ground floor.
- High efficiency stainless steel appliances.
- Three (3) spacious residential units on the 2nd and 3rd floors.
- Eat-in Kitchen with quartz countertops.
Executive Summary
Rare opportunity to own a beautifully renovated mixed-usebuilding located on the prominent corner of 21st and Race. Thenewly renovated building has a strong performing long-termrestaurant tenant on the ground floor and three high-endapartment units above. Located right in the epicenter of Philly’smuseum district, the building is just steps away from some of thecity’s most famous entertainment attractions such as The FranklinInstitute, Barnes Foundation, and The Academy of NaturalSciences. Also, with plenty of retail and restaurants withinwalking distance as well as millions of square feet of newresidential and commercial development being built within blocksof this location, the building offers any buyer a tremendousinvestment opportunity.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,312 SF
Building Class
C
Year Built
1900
Price
$2,598,658 CAD
Price Per SF
$785 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.53
Land Acres
0.03 AC
Zoning
CMX1
Frontage
18 ft on 21st St
Amenities
- Signalized Intersection
Walk Score ®
Walker's Paradise (96)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (88)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 871288900 | Improvements Assessment | $969,896 CAD |
Land Assessment | $242,474 CAD | Total Assessment | $1,212,370 CAD |
PROPERTY TAXES
Parcel Number
871288900
Land Assessment
$242,474 CAD
Improvements Assessment
$969,896 CAD
Total Assessment
$1,212,370 CAD
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161 N 21st St
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