2309-11 Wallace St Philadelphia, PA 19130
This stunning, 10,195-square-foot Class A office building in Philadelphia's desirable Fairmount neighborhood presents a unique investment opportunity. Built in 1925 and meticulously restored, the property boasts original hardwood floors, exposed brick, high ceilings, and architectural details throughout its three floors. The flexible layout, encompassing 5,791 square feet of vacant space, allows for various configurations, including executive office suites, coworking spaces, or creative office environments. Minimum divisible space starts at 1,334 square feet, with a maximum contiguous space of 2,837 square feet. The building features multiple entrances, a renovated kitchen, multiple bathrooms, and a rear yard. The first floor includes a private office, conference room, lounge area, and expansive production space with a cyclorama. The second and third floors offer a mix of private offices and open common areas, adaptable to various needs. The property also includes four parking spaces and is conveniently located near public transportation and Center City. Zoned CMX2, this building offers incredible potential for a live/work arrangement, given its history as a brewery and its current commercial mixed-use zoning. The property sits on a 0.11-acre lot and is available for sale or lease. This is a rare opportunity to acquire a beautifully restored historic building in a highly sought-after location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.