Philadelphia, PA 19121,1527-31 N BAILEY ST
Philadelphia, PA 19121,1527-31 N BAILEY ST
Philadelphia, PA 19121,1527-31 N BAILEY ST
Philadelphia, PA 19121,1527-31 N BAILEY ST
Philadelphia, PA 19121,1527-31 N BAILEY ST
Philadelphia, PA 19121,1527-31 N BAILEY ST
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$910,000

$979,900

7.1%
Est.Price: ?

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Est. payment /mo

10,044 SqFt


SOLD DATE : 06/30/2020

Key Details

Sold Price $910,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 10,044 sqft

Price per Sqft $90

Subdivision Brewerytown

MLS Listing ID PAPH881188

Sold Date 06/30/20

HOA Y/N N

Originating Board BRIGHT

Year Built 1925

Annual Tax Amount $5,376

Tax Year 2020

Lot Size 4,925 Sqft

Acres 0.11

Lot Dimensions 54.00 x 97.50

Property Description

Just over 10,000 sq/ft warehouse conversion brimming with possibilities in the rapidly developing Brewerytown neighborhood. Current owner built it out as the ultimate live/work warehouse conversion. New white rubber roof with 8 inches of polyiso exterior insulation shows off the original rafters and roof decking. All plumbing, electrical, and HVAC systems are entirely new. Many beautiful and unique recycled architectural touches including antique oak & glass schoolhouse doors, original & reclaimed flooring, and a kitchen made from laboratory cabinets. Lots of exposed brickwork, this property has been lovingly renovated to be functionally modern while leaving bare the materials and pragmatic architecture from early 19th century Philadelphia. Currently set up as three large units, the space could be further divided or occupied by one entity needing separate shops, offices and/or living quarters. There are two large electric roll up doors on the garages, and one garage has a rolling overhead gantry crane. Favorable and desirable IRMX zoning expands the possibilities for adding additional units on top of current structure up to 60 ft. IRMX also is one of the most versatile classifications in Philly, providing opportunity for a number of different light industrial, retail, residential, office, and service based configurations. Bring your ideas, this should be seen to be appreciated. This is a one of a kind opportunity for the right business or artist. It would also be a perfect investment for a developer. It can currently produce income with the option to add additional units in the future. Easy access to I-76, Kelly Drive, I-676, and I-95. Conveniently located near the Art Museum, head over to the Barnes Foundation and then to Center City's finest shops and restaurants. With all of this what's not to love?

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning IRMX

Interior

Hot Water Natural Gas

Heating Wood Burn Stove

Cooling Ductless/Mini-Split

Flooring Hardwood

Heat Source Wood, Electric

Exterior

Garage Spaces 11.0

Waterfront N

Water Access N

Accessibility >84\" Garage Door

Parking Type Private Garage, On Street

Total Parking Spaces 11

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 884345990

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Warren R Miller • Compass RE
Bought with Warren R Miller • Compass RE
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