222-24 S 45Th Street Philadelphia, PA $ 1,150,000
222-24 S 45Th Street
$ 1,150,000
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222-24 S 45Th Street

Philadelphia, PA, 19104
$ 1,150,000
Baths0.0 Sq 4,800

Monthly Estimate*

$ 7,643

222-24 S 45Th Street, Philadelphia, PA 19104 - Image 1
222-24 S 45Th Street, Philadelphia, PA 19104 - Image 2
222-24 S 45Th Street, Philadelphia, PA 19104 - Image 3
222-24 S 45Th Street, Philadelphia, PA 19104 - Image 4
222-24 S 45Th Street, Philadelphia, PA 19104 - Image 5
222-24 S 45Th Street, Philadelphia, PA 19104 - Image 6
222-24 S 45Th Street, Philadelphia, PA 19104 - Image 7
Studio

Commercial Property for sale in Philadelphia, PA

for $1,150,000. This 4,800 square foot building was built in 1925 on a lot size of 0.11.

Tremendous development opportunity in University City. Extra-large double property zoned CMX-2 on a massive 40 x 120 lot. Strategically positioned between Spruce Hill & Walnut Hill with tons of commercial space nearby on 45th St. and Walnut St. Take advantage of everything University City has to offer with regional anchors CHOP, UPenn and Drexel University. Purchase with separately available adjacent vacant lot at 4507 Locust St. and create one mega development. The property is currently a 1-story structure leased to a family member with flexible lease-ending terms. Incredible opportunity, will not last! Buyer responsibility to confirm all zoning/use options.

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Commercial Contingent

Price

$ 1,150,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,202

Style

Lot Size

0.11

Year Built

1925

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2287780

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Other
Cooling Central A/C
Possession Negotiable
Zoning CMX2
Construction Materials Masonry
Year Built 1925
Property SubType Mixed Use
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Other
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name UNIVERSITY CITY
Water Access Y/N N
Status ACTIVE UNDER CONTRACT
Directions 45th between Walnut & Locust
City PHILADELPHIA
Buyer Agent Compensation 2.75
Total Units 1
MLS Area 19104 (19104)
Lot Size Square Feet 4800.00
Waterfront Y/N N
Street Name 45TH
Tax Annual Amount 4202.0
Price Per Sq Ft 239.58
Vacation Rental Y/N N
Days on Market 208
Standard Status Active Under Contract
Year Built Source Assessor
Tax Lot 90
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking None
Water View Y/N N
Building Area Total 4800.00
Lot Dimensions 40.00 x 120.00
Lot Size Acres 0.11
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 60034.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 222
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* Excluded Features
List By
Kw Empower

Broker

bryan@caponephillyre.com

Email

Affordability Calculator

$7,993
Per Month
96%
4%
0%
Monthly Principal & Interest
$7,643
Monthly Property Taxes
$350
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/5/2024$1,150,000 -4.17% Price Down
3/5/2024$1,200,000 -7.34% Price Down
1/12/2024$1,295,000 -5.82% Price Down
11/30/2023$1,375,000 -8.33% Price Down
10/13/2023$1,500,000 Listed Price

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222-24 S 45Th Street, Philadelphia, PA, 19104 is a Commercial Property for sale at $1,150,000 with 4,800 sqft and a lot size of 0.11. 222-24 S 45Th Street is a studio with 0.0 baths and was built in 1925. The property's zip code is 19104 which is in Philadelphia, PA