1527-31 N Bailey St
PHILADELPHIA, PA 19121

Description

Roughly 10,000 sq/ft warehouse conversion brimming with possibilities in the rapidly developing Brewerytown neighborhood. Current owner built it out as the ultimate live/work warehouse conversion. New white rubber roof with 8 inches of polyiso exterior insulation shows off the original rafters and roof decking. All plumbing, electrical, and HVAC systems are entirely new. Many beautiful and unique recycled architectural touches including antique oak & glass schoolhouse doors, original & reclaimed flooring, and a kitchen made from laboratory cabinets. Lots of exposed brickwork, this property has been lovingly renovated to be functionally modern while leaving bare the materials and pragmatic architecture from early 19th century Philadelphia. Currently set up as three large units, the space could be further divided or occupied by one entity needing separate shops, offices and/or living quarters. There are two large electric roll up doors on the garages, and one garage has a rolling overhead gantry crane. Favorable and desirable IRMX zoning expands the possibilities for adding additional units on top of current structure up to 60 ft. IRMX also is one of the most versatile classifications in Philly, providing opportunity for a number of different light industrial, retail, residential, office, and service based configurations. Bring your ideas, this should be seen to be appreciated. This is a one of a kind opportunity for the right business or artist. It would also be a perfect investment for a developer. It can currently produce income with the option to add additional units in the future. What~s not to love?

Details

MLS#PAPH821720
StyleIndustrial
Sub-TypeResale
StatusActive
Year1925
Days On Site13

Features

SQ Feet10,044
Story(s)0
Units3
ZoningIRMX

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Area Information

StatePA
CityPHILADELPHIA
Zip Code19121
Area19121 (19121)
Listing VS Median (in 19121)
Price:
$925,000
low | high
Med:
$149,500
100% of Average
SqFt:
10,044
low | high
Med:
0
100% of Average
$ / SqFt:
$92
low | high
Med:
$0
100% of Average
On Site:
13
low | high
Med:
145.5
8.93470790378% of Average
Listing Updated: 08/17/2019
MLS Number: PAPH821720
Listing Provided By:
Christopher K Somers  of  Keller Williams Philadelphia