338-48 E Walnut Lane

    PHILADELPHIA, PA 19144
    • $1,450,000
    • STATUS: Active
    • ON SITE: 10 days
    • ID#: PAPH841546
    UPDATED: 44 min ago
    $1,450,000
    • 0
      BEDS
    • 1.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Manufactured Home
    Built:
    1925
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    With over 39,000 square feet of rentable space, 338-348 E. Walnut Lane is a prime investment opportunity in developing Germantown. This parcel, with two buildings built in 1925 and carefully renovated through the years, consists of a two-building office and light industrial complex on 1.27 acres of land, 39,000 square feet of rentable space, and parking for 50+ vehicles.Building One, with frontage on Walnut Lane, consists of a tenant occupied, 4,200 square foot, class-B office space with a newly paved 20+ spot parking lot.Building Two, at 34,800 square feet and stretching back to a separate entrance on High Street, is separated into six units. Unit One has a rentable area of 15,000 square feet including 6,000 of office space and 9,000 square feet of lower level industrial space. Unit 2 is a leased 5,200 square feet manufacturing/warehouse space. Unit Three is composed of 6,600 square feet of unfinished industrial space. Unit Four represents 1,000 square feet of finished office space and includes separate, gated parking area and a roll up door with access to 2,200 square feet of unfinished industrial space. Units Five and Six are 1,900 square feet and 2,300 square feet respectively and leased as woodshops.

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    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-10-22T07:08:33.583.
    www.eriksells.com/homes/99861619

    338-48 E Walnut Lane PHILADELPHIA, PA 19144

    • Price: $1,450,000
    • Status: Active
    • Updated: 44 min ago
    • ID#: PAPH841546
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.27
    Acres
    1925
    Built
    Neighborhood:
    Germantown (East)
    County:
    Philadelphia
    Area:
    19144 (19144)
    Elementary School:
    Theodore Roosevelt
    Middle School:
    Theodore Roosevelt
    High School:
    Germantown
    School District:
    The School District Of Philadelphia
    Property Description
    With over 39,000 square feet of rentable space, 338-348 E. Walnut Lane is a prime investment opportunity in developing Germantown. This parcel, with two buildings built in 1925 and carefully renovated through the years, consists of a two-building office and light industrial complex on 1.27 acres of land, 39,000 square feet of rentable space, and parking for 50+ vehicles.Building One, with frontage on Walnut Lane, consists of a tenant occupied, 4,200 square foot, class-B office space with a newly paved 20+ spot parking lot.Building Two, at 34,800 square feet and stretching back to a separate entrance on High Street, is separated into six units. Unit One has a rentable area of 15,000 square feet including 6,000 of office space and 9,000 square feet of lower level industrial space. Unit 2 is a leased 5,200 square feet manufacturing/warehouse space. Unit Three is composed of 6,600 square feet of unfinished industrial space. Unit Four represents 1,000 square feet of finished office space and includes separate, gated parking area and a roll up door with access to 2,200 square feet of unfinished industrial space. Units Five and Six are 1,900 square feet and 2,300 square feet respectively and leased as woodshops.
    Exterior Features

    Construction Materials Masonry Garage YN No Parking Features Asphalt Driveway Parking Types Parking LotOff Street Riparian Rights YN No Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 39000.00 Cooling Central A/C Heating Central Heating YN Yes Net Square Feet 39000.00

    Property Features

    Accessibility Features Ramp - Main Level Assessment Year 2019 Association YN No Business Type FlexManufacturingOther/General RetailProfessionalOtherWarehouse Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Natural Gas Incorporated City Name Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 6 Original MLSNumber 302114997518 Ownership Interest Fee Simple Possession ImmediateNegotiable Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 9600.0 Tax Assessment Amount 685800.0 Tax Lot 75-2 Vacation Rental YN No Water Source Public Zoning Icmx

    Listing courtesy of Elfant Wissahickon-Chestnut Hill.
    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-10-22T07:08:33.583.
     
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