Check Availability
$2,125,000
↓ $150K (6.6%)
Commercial - For Sale

2209 W VENANGO ST

PHILADELPHIA, PA 19140
bedrooms
Studio
bathrooms
0 Bath
$10,435
Estimated Monthly

About This Property

2209 West Venango Street is a new construction multifamily investment situated in the Nicetown-Tioga neighborhood of Philadelphia.

The property consists of 12 residential units and features (2) studio apartments, (4) one-bedroom apartments, and (6) two-bedroom apartments. Additionally, select units offer a den room that residents will be able to enjoy. 2209 W Venango Street is being offered with a 10-year tax abatement, subsequent to its building, and, the offering will be delivered with the Certificate of Occupancy in place.

The property's location provides convenient access to major transportation routes including West Hunting Park Avenue, North Broad Street, and Roosevelt Boulevard. Additionally, the property is located less than half of a mile away from SEPTA Allegheny station, offering residents accessible transportation to Center City and the amenity-rich neighborhood of Manayunk.

Situated just a mile from Temple Hospital, 2209 Venango Street offers a convenient location for employees. Moreover, Budd Bioworks, positioned along West Hunting Park Ave, is set to undergo a 30-acre institutionalized revitalization, which is expected to attract a growing influx of graduate students and young professionals. Additionally, within a short distance, one can find two renowned medical colleges, including the Temple University Katz School of Medicine.

- New Construction Multifamily | 12 Units in Nicetown-Tioga
- Healthy Unit Mixes | Studio, One, and Two-Bedroom Layouts
- Tax Incentive | Ten Year Tax Abatement
- Exceptional Basis & Replacement Value | Asking Price Per Square Foot is Well Below Replacement Cost
- Arterial Access | Close Proximity to West Hunting Park Ave and North Broad Street
- Eds and Meds | Located Close to Temple Hospital and Lewis Katz School of Medicine at Temple University
- Life Science Campus Underway | Budd Bioworks will feature 30 Acres of Clinical and Commercial Spaces
Unit Size
-
Days on Market
211 days
Land Size
0.13 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$92
HOA Dues
-
Year Built
-

Listed By

Philip Sharrow
Scope Commercial Real Estate Services, Inc.
Last updated: 5 months ago (Bright MLS #PAPH2297634)

Price History

Date / Event Date Event Price
Feb 13, 2024 Price Decreased $2,125,000
↓ $150K (6.6%)
Price Decreased
Nov 15, 2023 Listed by Scope Commercial Real Estate Services, Inc. $2,275,000
Listed by Scope Commercial Real Estate Services, Inc.
Jan 11, 2018 Sold to Block Acquisition Llc City $18,500
Sold to Block Acquisition Llc City

Property Highlights

Air Conditioning
Parking Details
Parking Features: On Street
Exterior Details

Property Information

Ownership Interest: Fee Simple
Property Condition: Excellent
Year Built Source: Estimated

Building Information

Construction Materials: Advanced Framing, Brick Front, Combination, Concrete

Lot Information

Tidal Water: N
Lot Size Dimensions: 25.00 x 225.00
Lot Size Source: Assessor

Land Information

Land Assessed Value: $78,700

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$2,450,000 Oct 24, 2019
$2,450,000 Nov 27, 2019
-
Commercial
Loft
-
-
$1,900,000 Sep 12, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

2209 West Venango Street 2209 West Venango Street, Philadelphia, PA 19140
  • 1 Unit for Sale
More about this Building
2209 West Venango Street
Want to find out who owns 2209 West Venango Street, Philadelphia, PA 19140? Get detailed property transactions here .

About North Philadelphia


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