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Historic Adaptive-Reuse Apartment Building
For Sale
Contact for pricing
Pending

500 N Columbus Blvd Unit B, Philadelphia, PA 19123

Planned multifamily conversion combines preserved industrial architecture with residential units, shared amenities, and parking.

Property Size74,640 SF
Days on Market433

Property Features for 500 N Columbus Blvd Unit B

General Information

Standard status Pending
Size 74,640 SF
Property subtype Industrial, Multifamily

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Additional Details

HOA Fee $169.25

Building Details

Year Built 1891
Buildings 1
Stories 6
Units 84
Listing Agency: Horvath & Tremblay
Listed By: Joe Loonstyn · License #RS351792
Source: Crexi
Added: Jun 30, 2025 Changed: Sep 2 Last Checked: Sep 2 at 8:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Horvath & Tremblay

Investment Insights

Based on property information with market context.

The property is a 74,640-square-foot building dating to 1891 within the Philadelphia Warehousing and Cold Storage Company Building Complex. A proposed preservation and overbuild program envisions an eight-story residential project totaling 84 units, along with amenity space and parking. Historic elements include the eighth-floor ghost sign and 32-inch-thick brick walls with newly approved window openings. The Philadelphia Historical Commission has approved the project.

Located at the corner of Columbus Boulevard and Noble Street, the property also has access from Beach Street. The setting is near Spring Garden Street, within walking distance of the Spring Garden SEPTA Station on the Market-Frankford Line, and minutes from I-95 and the Vine Street Expressway. Planned residences are positioned to capture views toward the Delaware River and Benjamin Franklin Bridge. Mural Arts Philadelphia is partnering with ownership to relocate the “Our Flag Unfurled” mural within the complex.

Key Highlights

  • Proposed 84‑unit multifamily redevelopment with amenity space and parking
  • 74,640‑square‑foot historic building constructed in 1891
  • Philadelphia Historical Commission approval for the preservation project

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Buffet Electrical Service Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

6,239
Businesses Nearby

Demographics for 19123, PA

18,793
Population
10,636
Households
1.8
Avg Household Size
33
Median Age
66%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
14,456
Density / Sq Mi
$95,872
Median Household Income
$73,760
Median Earnings
$1,687
Median Rent
$544,700
Median Home Value

Market

Vacancy Rate% for Industrial in Philadelphia, PA

4.3% 2019
2.3% 2020
1.6% 2021
2.3% 2022
8.4% 2023
9.1% 2024
11.2% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Planned multifamily conversion combines preserved industrial architecture with residential units, shared amenities, and parking.
Where is this apartment building located?
The property is located at 500 N Columbus Blvd Unit B Philadelphia, PA.
What are key features of this property?
This property features: Proposed 84‑unit multifamily redevelopment with amenity space and parking; 74,640‑square‑foot historic building constructed in 1891; Philadelphia Historical Commission approval for the preservation project
(267) 252-0223 Call to check price and availability
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