260 South 18th Street

Philadelphia, PA 19103

$1,750,000
Price
Beds
5,240 Sq. Ft.
$334 / Sq. Ft.
5,240
Sq. Ft.
$334
per Sq. Ft.

Description

Generational opportunity to acquire a boutique commercial building located one-half block from Philadelphia's most desirable address and meeting place, Rittenhouse Square.  Currently vacant; previously owner-occupied for decades as a gallery with showrooms on the first and second floors, and storage on the third and fourth floors.  Zoned CMX2 with 25' of frontage, the property is an ideal investment for either a commercial end-user to occupy the entire building, or a developer who wants to convert...Generational opportunity to acquire a boutique commercial building located one-half block from Philadelphia's most desirable address and meeting place, Rittenhouse Square.  Currently vacant; previously owner-occupied for decades as a gallery with showrooms on the first and second floors, and storage on the third and fourth floors.  Zoned CMX2 with 25' of frontage, the property is an ideal investment for either a commercial end-user to occupy the entire building, or a developer who wants to convert the top three floors with 10'-12' ceilings to residential while maintaining the valuable ground floor as retail.    Capitalize on the tremendous foot traffic at this intersection generated by Starbucks and Rittenhouse Market, in addition to the city's best shops and restaurants lining 18th St.  Do not miss the chance to create your own vision at this spectacular location as the opportunity will only come around once in a lifetime!
  1. Listed by Josh Weiss • MSC Retail, Inc.
    P: 2158837389 jweiss@hellomsc.com

Property Details for 260 South 18th Street

Tax ID Number
882963795
Ownership
Fee Simple
Structure Type
Other
Style
Other
Waterfront
No
Garage
No
Subdivision
RITTENHOUSE SQUARE
Subdivision
RITTENHOUSE SQUARE (PHILADELPHIA PA)

Location

Listing Courtesy of MSC Retail, Inc.
Add your commute
LISTING UPDATED: 04/21/2024 07:53 PM

Property Details for 260 South 18th Street

StatusActive
MLS #PAPH2290532
Days on Market193
Taxes$17,026 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1800
Lot Size0.03 AC / 1,500 SF
CountyPhiladelphia County

Location

Listing Courtesy of MSC Retail, Inc.
Add your commute

Building Information for 260 South 18th Street

Stories-Residences4Year Built1800Building Size-Lot Size0.03 AC / 1,500 SF

Payment Calculator

$10,969 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,550

Property Taxes

$1,419

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 260 South 18th Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19103 (19103)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $1,216,300
  • Year Assessed: 2024
  • Improvement Assessed Value: $973,037
  • Land Assessed Value: $243,263
  • Land Use Code: BD0
  • Zoning: CMX2
  • Tax Lot: 29
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 5,240.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Parcel ID: 7346606
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Other
  • Cooling Fuel: Other
  • Heating Type: Other
  • Heating Fuel: Other
  • Hot Water: Other
  • Water Source: Public
  • Sewer Septic: Public Sewer

Property History for 260 South 18th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 260 South 18th Street

Taxable ValueLand$243,263Additions$973,037Total$1,216,300
Tax Record2023$17,026 ($1,419 / month)
Home Facts
Total Finished SqFt5,240 SqFtAbove Grade Finished SqFt5,240 SqFtStories4Lot Size1,500 SqFtStyleOffice BuildingYear Built1800ZoningCMX2CountyPHILADELPHIAAPN88-2-9637-95

Schools near 260 South 18th Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Greenfield Albert M School
PublicK to 8

Franklin Benjamin High School
Public9 to 12

Creative And Performing Arts
Public9 to 12

Academy At Palumbo
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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260 South 18th Street is a multi-family home for sale in Philadelphia, PA 19103. This property was listed for sale on October 23, 2023 by MSC Retail, Inc., it's currently listed at $1,750,000. This listing's school district is Philadelphia City School District. Nearby schools include Greenfield Albert M School, Franklin Benjamin High School and Creative And Performing Arts. 260 South 18th Street is a 0-bed, 0-bath, 5,240 sqft multi-family home built in 1800.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MSC Retail, Inc.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.