For Sale
$625,000

128 Lombard St Philadelphia, PA 19147

Historic Philadelphia retail/residential

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional mixed-use property, located at 128 Lombard Street in Philadelphia's prestigious Society Hill neighborhood, presents a unique investment opportunity. The 2,441 square foot building, constructed in 1800, sits on a 0.03-acre lot and is zoned CMX2. The property boasts a charming blend of residential and commercial space. Currently, it features a luxurious two-bedroom, two-bathroom apartment with high-end finishes including stone countertops, stainless steel appliances, upgraded fixtures, and a private outdoor area. In addition, there is approximately 800 square feet of office space, offering potential for significant rental income enhancement through upgrades. The building's prime location offers unparalleled access to major transportation arteries, including Interstates 95, 76, and 676, and Delaware Avenue, providing convenient commutes throughout the Philadelphia metropolitan area. Society Hill's renowned affluence, historic charm, and proximity to acclaimed restaurants like Pizzeria Stella and Zahav further enhance the property's desirability and investment potential. The fee simple ownership offers complete control and upside potential. The asking price is $625,000, translating to $256.04 per square foot. The property's APN is 871508230. This turnkey asset is ready for a new owner to capitalize on its inherent value and strong location.

Highlights

  • $625,000 asking price for this mixed-use property.
  • 2,441 square feet on a 0.03-acre lot in Philadelphia, PA.
  • $256.04 per square foot.
  • Built in 1800, with CMX2 zoning.
  • Fee simple ownership.

Property Details for 128 Lombard St

Property type
Retail properties, Mixed-use properties
Square Feet
2,441 SF
Year Built
1800
Lot Size (sq. ft)
1,307 SF

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.941997
Longitude
-75.1449161

FAQs

What type of property is this?
Retail property - Historic Philadelphia retail/residential
Where is the retail property located?
The property is located at 128 Lombard St Philadelphia, PA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: $625,000 asking price for this mixed-use property.; 2,441 square feet on a 0.03-acre lot in Philadelphia, PA.; $256.04 per square foot.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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128 Lombard St
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