Contacts
![broker]( https://cdn.commercialsearch.com/ILSContent/Images/no_broker_photo_sm.png?width=96)
Ken Wellar
GREA
![broker]( https://cdn.commercialsearch.com/ILSContent/Images/no_broker_photo_sm.png?width=96)
Corey Lonberger
GREA
![broker]( https://cdn.commercialsearch.com/ILSContent/Images/no_broker_photo_sm.png?width=96)
Alan Krawitz
GREA
![broker]( https://cdn.commercialsearch.com/ILSContent/Images/no_broker_photo_sm.png?width=96)
Douglas Emrich
GREA
Property Details
- Property Type Other
- Property Size 2,441 SF
- Units 2
- Additional Rent Contact for pricing
- Year Built 1800
- Date Updated Sep 5, 2024
- Website 128lombardstreet.sharplaunch.com
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.
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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
Attachments
Getting around
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Location
- City Philadelphia, PA
- Neighborhood Society Hill
- Zip Code 19147
- Market Philadelphia
Points of Interest
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2nd Street
0.56 miles
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8th & Market
0.79 miles
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12th-13th & Locust
0.97 miles
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Jefferson Station
1.02 miles
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Chinatown
1.06 miles
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Lombard-South
1.09 miles
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Eastbound MFL Entrance
1.11 miles
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13th Street
1.13 miles
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Broad Street Line Entrance
1.23 miles
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15th-16th & Locust
1.25 miles
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Sunoco
0.90 miles
-
Gulf
0.94 miles
-
Blink
1.03 miles
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Liberty
1.04 miles
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Sunoco
1.11 miles
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Lukoil
1.28 miles
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Lukoil
1.64 miles
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Blink
1.71 miles
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Sunoco
1.84 miles
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D and Js BP Service Station
1.93 miles
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New Market Garage
0.08 miles
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Abbott Square Parking Garage
0.08 miles
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DRWC Parking Lot - Lombard Circle
0.19 miles
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Society Hill Towers Parking Garage
0.21 miles
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E-Z Park
0.28 miles
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The AutoPark at Olde City
0.40 miles
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DRWC Walnut Street Parking Lot
0.42 miles
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Hopkinson House Garage
0.48 miles
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Sky Parking
0.48 miles
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Pennsylvania Hospital - Deck 2
0.51 miles
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Hilton Philadelphia at Penn's Landing
0.31 miles
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Philadelphia Marriott Old City
0.31 miles
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Thomas Bond House
0.39 miles
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Apple Hostels Philadelphia
0.48 miles
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Society Hill Hotel
0.48 miles
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Best Western Plus Independence Park Hotel
0.48 miles
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The Franklin Hotel at Independence Park
0.52 miles
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Hotel Monaco Philadelphia, a Kimpton Hotel
0.55 miles
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Penn's View Hotel
0.59 miles
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The Philadelphia House
0.60 miles
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Essene Market & Café
0.27 miles
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Whole Foods Philadelphia 2
0.70 miles
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First Oriental Market
0.72 miles
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Chestnut Food Market
0.72 miles
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Acme
0.73 miles
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Market Place East Shopping Center
0.79 miles
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Giant Heirloom
0.80 miles
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Burlington
0.85 miles
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GIANT
0.89 miles
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Fashion District Philadelphia
0.90 miles
In-Depth Research Available for this Property
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.