Description
Rare opportunity to acquire a Rittenhouse-adjacent mixed use building, with the added possibility of acquiring the property directly next door (inquire with the listing agent for details).274 S 20th sits on the corner of 20th & Spruce, one block from Rittenhouse Square. The first and second floors plus lower level comprise a commercial kitchen + restaurant space delivered vacant at settlement, ideal for an owner operator or repositioning under CMX-5 zoning. The third floor 3BR/1BA apartment features hardwood floors being delivered vacant at closing.The commercial space was previously leased at $7,500/mo NNNCMX 5 zoning, high visibility corner location, and walking distance to Center City, 30th Street and Suburban Stations, Schuylkill River Park, top hospitals, and universities, with Parc, Rouge, Barclay Prime, and Vernick all just blocks away.Vacant delivery on all commercial and residential space, plus the rare ability to expand next door, makes this one of the most compelling mixed-use opportunities in Center City today.
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Description
Rare opportunity to acquire a Rittenhouse-adjacent mixed use building, with the added possibility of acquiring the property directly next door (inquire with the listing agent for details).274 S 20th sits on the corner of 20th & Spruce, one block from Rittenhouse Square. The first and second floors plus lower level comprise a commercial kitchen + restaurant space delivered vacant at settlement, ideal for an owner operator or repositioning under CMX-5 zoning. The third floor 3BR/1BA apartment features hardwood floors being delivered vacant at closing.The commercial space was previously leased at $7,500/mo NNNCMX 5 zoning, high visibility corner location, and walking distance to Center City, 30th Street and Suburban Stations, Schuylkill River Park, top hospitals, and universities, with Parc, Rouge, Barclay Prime, and Vernick all just blocks away.Vacant delivery on all commercial and residential space, plus the rare ability to expand next door, makes this one of the most compelling mixed-use opportunities in Center City today.
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