53 Laurel Street Philadelphia, PA $ 8,500,000
53 Laurel Street
$ 8,500,000
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53 Laurel Street

Philadelphia, PA, 19123
$ 8,500,000
Baths0.0 Sq 35,806

Monthly Estimate*

$ 56,494

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Studio

Commercial Property for sale in Philadelphia, PA

for $8,500,000. This 35,806 square foot building was built in 1935 on a lot size of 0.82.

Discover an exceptional opportunity with this Massive Warehouse, offering an expansive 36,000 Ground SQFT of prime real estate. Zoned CMX3, this property presents a blank canvas for those with a vision, providing multiple development options to suit a range of business needs. The warehouse, spanning 13,000 square feet, is strategically positioned on a 36,000 square foot lot, ensuring ample space for diverse applications. Boasting street frontage on both Laurel and Allen Streets, this warehouse enjoys excellent visibility and accessibility. The convenience extends to the rear, where a dedicated loading zone streamlines logistical operations for seamless efficiency. Facing the Fillmore, the property takes center stage amid a backdrop of new developments in every direction, making it a focal point in a thriving and evolving area. What sets this warehouse apart is its flexible zoning, allowing for a variety of uses. Whether you envision a dynamic commercial space, a robust industrial facility, or a mixed-use development, the CMX3 Zoning accommodates your aspirations. Embrace the potential for growth and success in this strategically located property, where versatility meets prime location. seize the opportunity to shape the future of this space to suit your unique business endeavors.

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Commercial Active

Price

$ 8,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 23,483

Style

Warehouse

Lot Size

0.82

Year Built

1935

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2313762

Features
Interior
Heating Fuel None
Hot Water Natural Gas
Street Suffix STREET
Central Air Y/N N
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General
Sewer Public Sewer
Heating None
Cooling None
Possession Immediate
Zoning CMX3
Construction Materials Other
Year Built 1935
Property SubType Other
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel None
Municipality PHILADELPHIA
Business Type Warehouse
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Use GPS
City PHILADELPHIA
Buyer Agent Compensation 2
MLS Area 19123 (19123)
Lot Size Square Feet 35763.00
Waterfront Y/N N
Street Name LAUREL
Tax Annual Amount 23483.0
Price Per Sq Ft Total 653.85
Acceptable Financing Cash Negotiable Seller Financing
Vacation Rental Y/N N
Days on Market 118
Standard Status Active
Year Built Source Assessor
Tax Lot 30ET
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking Driveway Parking Lot Private Garage
Water View Y/N N
Building Area Total 13000.00
Lot Dimensions 147.00 x 235.00
Lot Size Acres 0.82
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 335520.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 53
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* Excluded Features
List By
Kw Empower

Broker

jim@rarityre.com

Email

Affordability Calculator

$58,451
Per Month
97%
3%
0%
Monthly Principal & Interest
$56,494
Monthly Property Taxes
$1,957
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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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/22/2024$8,500,000 Listed Price

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53 Laurel Street, Philadelphia, PA, 19123 is a Commercial Property for sale at $8,500,000 with 35,806 sqft and a lot size of 0.82. 53 Laurel Street is a studio with 0.0 baths and was built in 1935. The property's zip code is 19123 which is in Philadelphia, PA