SoldAug 23, 2019

Listed by Thomas Smitley

Source: Bright MLS #PAPH729158

1108 Pine St, Philadelphia, PA, 19107

$1,455,000

0.05 ac.

MultiFam

30+ days on the market

Sold: Aug 23, 2019

What's around 1108 Pine St

About this property

Large multifamily commercial property for sale in the heart of the Historic Pine Street Shopping District (Historic Antique Row) in Washington Square West. The property is one of the few that directly faces Louis Kahn Community Park. The building has one of the best commercial retail spaces in the area and it currently operates as an internationally recognized art gallery. The first-floor retail space has 14' ceilings and two gallery spaces that can be opened up to a continuous space without columns. There is currently an office and bathroom at the back of the space and a sculpture garden behind the building. There are two flights of interior stairs to the basement and a Bilko style door with stairs in the rear garden. The rear interior staircase to the basement is very wide and this level has high ceilings that can be added to the retail space. It is currently used for art storage and framing. The top two levels of the building contain four one-bedroom apartments. The building has been well maintained. The furnace was replaced last winter, a new tenant laundry room was added to the third floor and two of the apartments have been newly upgraded. The building is in the middle of a major shopping district with great foot and automobile traffic. There are multiple public transportation options within a block and multiple off-street parking options within 3 blocks.

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