Opportunity to acquire a significant share with majority control of deeded parking spaces within a condo parking garage in Old City, Philadelphia. With ownership of approximately 195 out of the total 281 spaces, a majority owner could have the authority to manage the garage's operations, establishing an income stream of both monthly and transient/daily customers and, if preferred, hiring a third-party management company. This kind of ownership could be highly valuable, especially in a historic neighborhood with limited parking availability.Bulk Price for 195 spaces = approx $4,3M
MLS# | PAPH2362322 |
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Listing Type | For Sale |
Building Name | OLD CITY PARKOMINIUM |
Sub-Type | Resale |
Status | Active |
Year | 2006 |
Days On Site | 249 |
Listing Provided By | Echochic Estates | Jennifer Ramsay |
SQ Feet | 135 |
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Garage | 207 |
Story(s) | 7 |
Zoning | CMX3 |
State | PA |
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County | Philadelphia |
City | Philadelphia |
Zip Code | 19106 |
Area | 19106 |
Community Name | Old City |
School District | The School District Of Philadelp |
Listing VS Median (in Old City) | |
Price: $25,000 low | high Med: $2,545 SqFt: 135 low | high Med: 946 $ / SqFt: $185 low | high Med: $3 On Site: 249 low | high Med: 26.000000 |