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    606 Spring Garden St Philadelphia, PA 19123

    For Lease
    Contact for pricing

    12,800 SF Warehouse, Prime Location

    Lot size:
    12,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 12,800-square-foot industrial warehouse is perfectly situated in Philadelphia, Pennsylvania, at 606-622 Spring Garden Street, zip code 19123. Currently vacant and available for immediate occupancy, this single-tenant property offers significant potential for businesses seeking a strategic location. The building boasts a substantial 16-foot ceiling height, providing ample vertical space for storage or operational needs. With 6 parking spaces conveniently located on-site, employee and client parking is readily available. The property's prime location places it within the vibrant Callowhill East neighborhood, offering easy access to major commercial corridors and proximity to thriving areas such as Northern Liberties, Spring Arts, Chinatown, and Old City. Currently under construction, this modern warehouse space is slated for completion in the third quarter, presenting a unique opportunity to secure a brand-new facility in a highly desirable location. The property type is classified as industrial, with a subtype of warehouse and distribution, making it ideal for a variety of businesses. The total square footage is 12,800 square feet, all of which is currently vacant. This presents a rare opportunity to customize the space to perfectly meet your business's specific requirements.

    Property Features for 606 Spring Garden St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,800 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    13,000 SF

    HighLights

    • 12,800 SF industrial warehouse, 16' clear height, available for immediate occupancy.
    • Fully sprinklered, heated and air‑conditioned.
    • 6 off‑street parking spaces.
    • Public transportation access.
    • Excellent location near American Red Cross, Target, and Yards; minutes to major highways and bridges to NJ, and PHL Airport.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    LINK Gallery Art Gallery United Refrigeration Inc Air Conditioning Contractor The Great Dane Collection Auction House I. Brewster & Co. Art Gallery

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.149206258744
    Latitude
    39.961318006024

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    FAQs

    What type of property is this?
    Distribution property - 12,800 SF Warehouse, Prime Location
    Where is this distribution property located?
    The property is located at 606 Spring Garden St Philadelphia, PA.
    What are key features of this property?
    This property features: 12,800 SF industrial warehouse, 16' clear height, available for immediate occupancy.; Fully sprinklered, heated and air-conditioned.; 6 off-street parking spaces.
    Request Owner's contact information
    606 Spring Garden St Philadelphia, PA 19123
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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
    606 Spring Garden St Philadelphia, PA 19123
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