309 Callowhill St, Philadelphia, PA 19123
- Medical Office Space
- 7,102 SF
- 0.61 lot acres
Current Use by Public Records
- Medical Office Space
Property Details for 309 Callowhill St
- Year built
- 2007
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.61 lot acres
- Zone code
- CMX3
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 88-2-0001-10
- APU
- 882000110
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 11, 2025 | — | Crown Atlantic Company LLC | 309 Willow Partners LLC | Deed | — |
| Dec 23, 2022 | $4,000,000 | 309 Willow Partners LLC | Ne 444 North 3rd LLC | Special Warranty Deed | $3.7M · Wilmington Savings Fund Society Fsb |
| Dec 23, 2022 | — | Ne 444 North 3rd LLC | Ne 444 North 3rd LLC | Intrafamily Transfer · related | — |
Description
This exceptional 6,713-square-foot single-tenant office building at 309 Callowhill Street presents a unique investment opportunity. Built in 2007, this Class B property boasts versatile space suitable for medical offices, traditional offices, creative offices, or executive suites. Its adaptable design caters to a variety of business needs. The building offers convenient amenities including approximately 30 parking spaces and a loading dock, significantly enhancing operational efficiency. The CMX-3 zoning allows for diverse uses, maximizing flexibility for the future. Accessibility is ensured through ADA compliance. Benefitting from high visibility, the property enjoys an unparalleled location adjacent to I-76 on/off ramps, providing seamless access to Southern New Jersey and Philadelphia's suburbs. Situated in the thriving Northern Liberties neighborhood, it's ideally positioned between Spring Arts, Old City, and the Delaware Waterfront, placing it within a vibrant and dynamic commercial district. Public transportation is readily available, with multiple SEPTA bus routes, bike rental stations, and a SEPTA Subway station within a single block, ensuring convenient commutes for employees and clients alike. This property offers a compelling combination of functionality, accessibility, and prime location within a rapidly growing area.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,706,000
Market price range: $409k - $2.71M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $1,745,000 Current use
- RESTAURANT
- $2,200,000 Change: +26% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $1,975,000 Change: +13% Conversion: Moderate
- OFFICE BUILDING
- $1,805,000 Change: +4% Conversion: Easy
- COMMERCIAL (GENERAL)
- $1,550,000 Change: -11% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.1451
- Latitude
- 39.9579
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
