Contacts
GREA
GREA
GREA
GREA
Property Details
- Property Type Other
- Units 2
- Additional Rent Contact for pricing
- Year Built 1800
- Date Updated Dec 17, 2024
On behalf of Ownership, GREA extends to investors the opportunity to acquire the fee simple interest in the mixed-use property at 128 Lombard Street (the “Property” or “Asset”) situated in the affluent Society Hill neighborhood of Philadelphia. The Asset is comprised of an existing two-bedroom/two-bath apartment unit and 800± square feet of office space. The apartment unit boasts luxury finishes including stone countertops, stainless steel appliances, upgraded fixtures, and a private outdoor space.
The Asset presents the opportunity to acquire a building with unparalleled character in a high-quality location. This is a turnkey asset allowing a new owner the opportunity to upgrade the office space and command a rental premium over the prior in-place rent.
The Society Hill neighborhood is well known for its affluence and picturesque brownstones. It is one of the most historic and protected areas in the city maintaining its old-world charm dating back to the founding fathers.
The Property is located minutes from major transportation routes including Interstates 95, 76, and 676 and Delaware Avenue, providing daily commuters access to the entire Philadelphia MSA. Current and future tenants are steps from award-winning restaurants such as Pizzeria Stella, Zahav, Bridget Foy’s, and Bloomsday.
Reach out to the broker for more info on lease terms and amenities
Highlights
- Value-Add Opportunity: Upgrade the Office Space to Command a Rental Premium
- Proximity to Major Highways: Immediate Access to I-676, I-95, and I-76
- Historic Society Hill Location: Picturesque Cobblestone Streets with Unparalleled Historic Charm
- Access to Public Transit: SEPTA Bus Stop at 2nd Street; 15-Minute Walk to Market-Frankford Line (Market Street Station; 2nd & Market Streets)
- Steps from Award-Winning Eateries: Walk to Zahav, Bridget Foy's, Famous 4th Street Deli, Malbec, Pizzeria Stella & More
Getting around
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Location
- City Philadelphia, PA
- Neighborhood Bella Vista
- Zip Code 19147
- Market Philadelphia
Points of Interest
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12th-13th & Locust
0.53 miles
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8th & Market
0.69 miles
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8th Street
0.70 miles
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15th-16th & Locust
0.75 miles
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Eastbound MFL Entrance
0.78 miles
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Jefferson Station
0.80 miles
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13th Street
0.80 miles
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Broad Street Line Entrance
0.86 miles
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2nd Street
0.90 miles
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15th Street
0.91 miles
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Sunoco
0.39 miles
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Lukoil
0.74 miles
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Liberty
1.14 miles
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Shell
1.15 miles
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Blink
1.15 miles
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A Plus
1.48 miles
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D and Js BP Service Station
1.81 miles
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ChargePoint
1.85 miles
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EVgo
2.38 miles
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J&H Car Charging Station
2.97 miles
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Whole Foods Customers
0.13 miles
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PPA Parking Lot
0.19 miles
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Pennsylvania Hospital - Deck 1
0.25 miles
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Pennsylvania Hospital - Deck 2
0.31 miles
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E-Z Park
0.33 miles
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Hopkinson House Garage
0.39 miles
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TJU Neurosciences Garage
0.43 miles
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Walnut Towers Garage
0.44 miles
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TJU Hamilton Garage
0.48 miles
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ABM Parking Services
0.52 miles
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Alexander Inn
0.42 miles
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Morris House Hotel
0.44 miles
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Fairfield Inn & Suites
0.50 miles
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AKA Washington Square
0.54 miles
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DoubleTree by Hilton Hotel Philadelphia Center City
0.61 miles
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Cambria Hotel Philadelphia Downtown Center City
0.64 miles
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Holiday Inn Express
0.65 miles
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Hotel Monaco Philadelphia, a Kimpton Hotel
0.69 miles
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Hyatt at The Bellevue
0.70 miles
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Canopy by Hilton Philadelphia Center City
0.70 miles
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Whole Foods Market
0.14 miles
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Acme
0.17 miles
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Essene Market & Café
0.38 miles
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Hung Vuong Supermarket
0.47 miles
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First Oriental Market
0.53 miles
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Chestnut Food Market
0.58 miles
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Target
0.59 miles
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Sprouts Farmers Market
0.60 miles
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El Paisano Supermarket
0.67 miles
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MOM's Organic Market
0.68 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.