1100 E Berks St, Philadelphia, PA 19125
- Flex space
- 5,084 SF
- 0.16 lot acres
Current Use by Public Records
- Mason Meals / Association / Organization
- Cloud Cups Headquarters / Corporate Office
Property Details for 1100 E Berks St
- Year built
- 1920
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.16 lot acres
- Zone code
- ICMX
- Property type
- Flex space
- APN
- 88-4-3428-05
- APU
- 884342805
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 7, 2022 | — | 1100 Berk Street LLC | — | Deed · related | $325k · Hyperion Bank |
| Dec 27, 2018 | — | 1100 Berk Street LLC | — | Deed · related | $160k · Hyperion Bank |
| Apr 18, 2011 | $300,000 | 1100 Berk Street LLC | Msh Associates LLC | Grant Deed | $227k · Hyperion Bank |
| Jun 16, 2005 | $370,000 | Msh Associates LLC | Pearlman,elliot | Grant Deed | $278k · Sun National Bank |
| — | — | 1100 Berk Street LLC | — | Deed Of Trust · related | $262k · Hyperion Bank |
| — | — | Msh Associates LLC | — | Deed Of Trust · related | $354k · Sun National Bank |
| — | — | Msh Associates LLC | — | Deed Of Trust · related | $50k · Pnc Bank |
| — | — | Msh Associates LLC | — | Deed Of Trust · related | $20k · Pnc Bank |
| — | — | Msh Associates LLC | — | Deed Of Trust · related | $80k · Pnc Bank |
Description
This 5,084-square-foot warehouse, built in 1920, is located at 1100 E Berks St, Philadelphia, PA 19125, in the Fishtown submarket. The single-story building sits on a 7,022-square-foot lot with 81 feet of frontage. The property features one drive-in door, providing convenient access for loading and unloading. The zoning is ICMX. Currently configured as a fully equipped commercial kitchen, the space includes a hood and Ansul system, washable walls, stainless steel walls, a three-base sink, a hand-washing sink, and a walk-in refrigerator and freezer. Additional features include three private offices and approximately 1,938 square feet of fenced-in parking. Separate garage and parking lot entrances are accessible from both E. Berks Street and E. Wildey Street. This non-divisible space offers excellent access to public transportation, Center City, I-95, and the Ben Franklin Bridge. The property is currently vacant.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $620,000
- 6.5%
- $575,000
- 7%
- $535,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $704,000
- AI Estimate
- $544,000
Market price range: $195k - $1.02MMarket price range: $143k - $682k -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $545,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $945,000 Change: +73% Conversion: Difficult
- RETAIL STORES
- $870,000 Change: +60% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.1257
- Latitude
- 39.9709
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
