Active

1012-16 Callowhill St

Philadelphia PA, 19123

$5,000,000


$641.03 per sqft

Active

7,800 sqft

Commercial

Built in 1925

Welcome to 1012-16 Callowhill Street, a prime commercial warehouse nestled in the heart of the flourishing Spring Garden district. This versatile property is strategically positioned in close proximity to Chinatown and Highway 676, offering unparalleled accessibility for seamless transportation.

Zoned as Industrial Residential Mixed-Use, this dynamic space provides a unique opportunity for a variety of business ventures. Currently leased by a wholesaler, the property showcases a robust income stream while offering a blank canvas for your entrepreneurial vision.

The strategic location within a rapidly growing area amplifies the investment potential of this property. You can take advantage of the thriving surroundings and capitalize on the burgeoning opportunities in the Callowhill.

Boasting a spacious interior, the warehouse presents endless possibilities for customization and expansion. The open layout allows for flexible usage, making it ideal for various industries and ventures. Whether you're looking to continue the current leasing arrangement or embark on a new venture, the building's design and zoning provide the flexibility needed for success.

In addition to its commercial appeal, the property's proximity to major transportation routes, including Highway 676, ensures convenient logistics for the efficient movement of goods and services. This strategic location enhances the property's value as a logistical hub, serving as a catalyst for business growth.

PAPH2317482

MLS ID

February 2, 2024

Listed

November 22, 2024

Updated

Map

1012-16 Callowhill St
Philadelphia PA, 19123

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s)


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.18 Acres


Sewer

Public Sewer

Other Property Details

Area Name

PHILADELPHIA


Taxes

$10,918


Tax Frequency

Annually


Days on Market

206


Garage

No


Parking

On Street


Parking Total

1


View

No


County

PHILADELPHIA


Water Source

Public


Pool

No

Listing History

Date

Event

Price

4/18/2024

Price change

$5,000,000

-4%

Listed by Realty Mark Associates
Listing Contact: 2672818821 

The IDX display contains information sourced from the Bright MLS, Inc. as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 11/22/2024 at 3:52 AM UTC

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