179 Berks St, Unit 89, Philadelphia, PA 19122-2327
- Manufacturing properties
- 23,200 SF
- 0.18 lot acres
Current Use by Public Records
- Photo Process Screen Manufacturing / Factory / Production Facility
- Photo Process Screen Manufacturing Company / Factory / Production Facility
Property Details for 179 Berks St
- Year built
- 1939
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.18 lot acres
- Zone code
- IRMX
- Property type
- Manufacturing properties
- APN
- 88-4-0801-35
- APU
- 884080135
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 13, 2023 | — | 179 W Berks Street LLC | — | Deed · related | $4M · Meridian Bank |
| Aug 4, 2022 | — | 179 W Berks Sstreet LLC | — | Deed · related | $3M · Emft INC |
| Jul 12, 2022 | $3,000,000 | 179 W Berks Street LLC | Salvatore S Oteri | Deed | — |
Description
Silk Screen Studios, a newly renovated (2024) four-story office building in Philadelphia's vibrant Fishtown submarket (179 W Berks St, zip code 19122), offers 57 versatile office suites ranging from 168 to 558 square feet. The building's total area is 13,976 square feet, currently entirely vacant and available for multiple tenants. Each suite features individually controlled HVAC, ensuring year-round comfort. Building amenities include convenient kitchenettes on every floor, a bike room, a secure package room, and a fenced shared courtyard. A loading dock facilitates easy access and deliveries. High-speed internet and 24-hour access are standard. The building's location near the Berks El station provides excellent public transportation access. This adaptive reuse property is ideal for businesses seeking a blend of modern functionality and stylish design in a dynamic neighborhood. The property is suitable for executive, creative, medical, or traditional office uses.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,730,000
- ML approach
- $2,685,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,840,000
- 6.5%
- $2,620,000
- 7%
- $2,435,000
-
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $3,405,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $4,305,000 Change: +26% Conversion: Difficult
- RETAIL STORES
- $3,980,000 Change: +17% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $3,660,000 Change: +7% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.1367
- Latitude
- 39.9793
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
