Property

Philadelphia, PA 19134 1839 E Somerset Street

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Presented By: Select Commercial Advisors
  • MLS# PAPH2379744
  • 07/25/2024
  • Request Tour
  • Request Info
  • SQFT • 21,418

Home Details

Select Commercial Advisors proudly presents the Somerset & Ruth Portfolio, an exceptional mixed-use assemblage spanning over 21,000 square feet across six contiguous properties with frontage on three streets in Kensington, North Philadelphia. This unique offering combines income-generating assets with significant future development potential, making it a prime opportunity for savvy investors and developers. This offering represents a rare chance to acquire a substantial footprint in a neighborhood poised for continued growth and revitalization. Whether you're looking to expand your investment portfolio or embark on a new development project, the Somerset & Ruth Portfolio promises both immediate returns and long-term value appreciation. The Somerset & Ruth assemblage includes two occupied buildings with garages - including a 14,500 square foot warehouse - two vacant buildings, and two vacant lots. The properties are ideally situated just one block from the Somerset Station in Kensington - an historic neighborhood bounded by Fishtown to the South, Port Richmond to the North, and the Delaware River to the East. The area is conveniently accessible via major transportation routes including Interstate 95 and SEPTA's Market-Frankford Line, providing easy connectivity to Center City and other parts of Philadelphia. Contact our team today to schedule a tour. Offering memorandum available upon request.
Presented By: Select Commercial Advisors

Interior Features for 1839 E Somerset Street

Other Interior Features

Central Air Y/NNo
Heating FuelNone
Hot WaterNone

General for 1839 E Somerset Street

AccessibilityNone
Business TypeAuto Related, Warehouse, Professional, Other
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNone
CoolingNone
CountyPHILADELPHIA
DirectionsGoogle Maps
FULLFee Simple
HeatingNone
Lot Size Square Feet8400.00
Lot Size UnitsSquare Feet
MLS Area19134 (19134)
ModificationTimestamp2024-09-19T11:13:39
MunicipalityPHILADELPHIA
New ConstructionNo
NumberOfUnitsTotal1
PossessionImmediate, Subject to Existing Lease
Price Per Sq Ft Total AG78.21
Property SubtypeMixed Use
Property TypeCommercial Sale
Property UseInvestment
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameKENSINGTON
Tax Annual Amount4316.0
Tax Assessed Value308400.0
Tax Lot287
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1920
Year Built SourceAssessor
ZoningRSA5
Zoning DescriptionUse Code: PB0 Comm: Auto Repair Shop, Masonry

Exterior for 1839 E Somerset Street

Building Area Total21418.00
Car Parking Spaces1
Land Assessed Value61680.00
Land Use CodePB0
Lot Dimensions40.00 x 144
Lot Size Acres0.19
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces2
Type of ParkingPrivate Garage
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Fabiane Farias

Associate
Price $1,675,000
MLS#PAPH2379744
List Date 07/25/2024
Property Type Commercial
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