2025 Washington AvePhiladelphia, PA 19146

  • Industrial properties
  • 12,705 SF
For Lease
$14.50/SF/YR View listing

Property Details for 2025 Washington Ave

Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.29 AC
Property size (Sq ft)
12,705 SF
Zone code
I2
Property type
Industrial properties
Property subtype
Flex space
APN
88-4-0063-10
APU
884006310

Description

This exceptional two-story, 21,646 square foot building offers a unique blend of creative office and flex space, ideally suited for a single tenant. Located at 2025 Washington Avenue, near the intersection of 20th and Washington, this property boasts a 16-foot ceiling height, providing ample room for various uses. Renovated in 2013, the building features one elevator and one drive-in bay, enhancing accessibility and functionality. The property is zoned I-2 - Industrial Mixed Use, offering flexibility for a range of businesses. The building is sprinklered for enhanced safety. An additional 12,200 square feet of clear-span warehouse space is available adjacent to the main building, totaling 33,846 square feet should the need arise for expansion. Property taxes are $0.60 per square foot. This single-tenant building presents a rare opportunity to secure a substantial and versatile commercial space in a desirable location. The property's APN is 884006310. This is a fantastic opportunity for a business seeking a unique and functional space to grow.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,684,796
    Hospitality
    $4,291,248
    Educational
    $3,570,268
    Medical
    $3,693,056
    Retail
    $5,553,751
2025 Washington Ave, Philadelphia, Pennsylvania

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.9396
Longitude
-75.1773
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,780
$182,600
$730,400
$913,000
-
$182,600
$730,400
$913,000

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