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    2025 Washington Ave Philadelphia, PA 19146

    For Sale
    $4,750,000

    21,646 SF, 100% Occupied, $4.75M

    Property size:
    21,646 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional fee-simple creative office building, located at 2025 Washington Avenue in Philadelphia, Pennsylvania (zip code 19146), presents a unique investment opportunity. The property boasts 21,646 square feet of space within a two-story, Class B building situated on a 13,000 square foot lot. Completely renovated in 2013, the building features modern amenities including an elevator and a sprinkler system. The property is currently 100% occupied under a triple net lease (NNN) arrangement with a single tenant. Its I-2 zoning permits a variety of uses, making it ideal for creative office tenants such as contractors, engineers, or art studios. The building also offers significant potential for flexible use as a warehouse/office combination. A substantial electrical service is in place. An adjacent 12,200 square foot warehouse space is also available for lease, offering the potential to expand the total usable area to 38,846 square feet. The asking price is $4,750,000, translating to a price per square foot of $219.44. The property's APN is 884006310.

    Property Features for 2025 Washington Ave

    General Information

    Property type
    Office space
    Square Feet
    21,646 SF
    Class
    B

    Building Details

    Year Renovated
    2013
    Buildings
    1
    Stories
    2
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Thrivo Technologies Software Company NextFab Makerspace Internet Think Tank, ... Corporate Office NextFab Product Development Research And Product Development

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1772925
    Latitude
    39.9396287

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    FAQs

    What type of property is this?
    Office space - 21,646 SF, 100% Occupied, $4.75M
    Where is this office space located?
    The property is located at 2025 Washington Ave Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $4,750,000.
    Request Owner's contact information
    2025 Washington Ave Philadelphia, PA 19146
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    Philadelphia, PA 19146
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2025 Washington Ave Philadelphia, PA 19146
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