1839 E Somerset Street Philadelphia, PA $ 1,675,000
1839 E Somerset Street
$ 1,675,000
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1839 E Somerset Street

Philadelphia, PA, 19134
$ 1,675,000
Bedrooms-- Baths-- Sq 21,418

Monthly Estimate*

$ 11,133

1839 E Somerset Street, Philadelphia, PA 19134 - Image 1

Commercial Property for sale in Philadelphia, PA

for $1,675,000. This 21,418 square foot building was built in 1920 on a lot size of 0.19.

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.

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Commercial Active

Price

$ 1,675,000

Property Type

Commercial

Taxes

$ 4,316

Style

Auto Related,Warehouse,Professional

Lot Size

0.19

Year Built

1920

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2379744

Features
Interior
Heating Fuel None
Hot Water None
Central Air Y/N N
General
Sewer Public Sewer
Heating None
Cooling None
Possession Immediate Subject to Existing Lease
Zoning RSA5
Construction Materials Masonry
Year Built 1920
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality PHILADELPHIA
Business Type Auto Related Warehouse Professional Other
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name KENSINGTON
Water Access Y/N N
Status ACTIVE
Directions Google Maps
City PHILADELPHIA
Number Of Units Total 1
MLS Area 19134 (19134)
Lot Size Units Square Feet
Lot Size Square Feet 8400.00
Tax Annual Amount 4316.0
Price Per Sq Ft Total AG 78.21
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 287
Exterior
Water Source Public
Type of Parking Private Garage
Water View Y/N N
Building Area Total 21418.00
Lot Dimensions 40.00 x 144
Lot Size Acres 0.19
Lot Size Source Estimated
WaterfrontY/N N
Land Assessed Value 61680.00
Navigable Water Y/N N
Water Oriented Y/N N
Internal Only
Street Number 1 1839
* Excluded Features
List By
Select Commercial Advisors

Broker

samantha@select-ca.com

Email

Affordability Calculator

$11,492
Per Month
97%
3%
0%
Monthly Principal & Interest
$11,133
Monthly Property Taxes
$360
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/19/2024$1,675,000 -9.46% Price Down
7/26/2024$1,850,000 Listed Price

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1839 E Somerset Street, Philadelphia, PA, 19134 is a Commercial Property for sale at $1,675,000 with 21,418 sqft and a lot size of 0.19. 1839 E Somerset Street was built in 1920. The property's zip code is 19134 which is in Philadelphia, PA