For Sale $625,000
Property Type Other
Property Size 2,441 SF
Units 2
Additional Rent Contact for pricing
Year Built 1800
Date Updated Nov 4, 2024

On behalf of Ownership, GREA extends to investors the opportunity to acquire the fee simple interest in the mixed-use property at 128 Lombard Street (the “Property” or “Asset”) situated in the affluent Society Hill neighborhood of Philadelphia. The Asset is comprised of an existing two-bedroom/two-bath apartment unit and 800± square feet of office space. The apartment unit boasts luxury finishes including stone countertops, stainless steel appliances, upgraded fixtures, and a private outdoor space.

The Asset presents the opportunity to acquire a building with unparalleled character in a high-quality location. This is a turnkey asset allowing a new owner the opportunity to upgrade the office space and command a rental premium over the prior in-place rent.

The Society Hill neighborhood is well known for its affluence and picturesque brownstones. It is one of the most historic and protected areas in the city maintaining its old-world charm dating back to the founding fathers.

The Property is located minutes from major transportation routes including Interstates 95, 76, and 676 and Delaware Avenue, providing daily commuters access to the entire Philadelphia MSA. Current and future tenants are steps from award-winning restaurants such as Pizzeria Stella, Zahav, Bridget Foy’s, and Bloomsday.

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Attachments

128lombardstreet.sharplaunch.com (PDF) opens in new window

Highlights

Value-Add Opportunity: Upgrade the Office Space to Command a Rental Premium
Proximity to Major Highways: Immediate Access to I-676, I-95, and I-76
Historic Society Hill Location: Picturesque Cobblestone Streets with Unparalleled Historic Charm
Access to Public Transit: SEPTA Bus Stop at 2nd Street; 15-Minute Walk to Market-Frankford Line (Market Street Station; 2nd & Market Streets)
Steps from Award-Winning Eateries: Walk to Zahav, Bridget Foy's, Famous 4th Street Deli, Malbec, Pizzeria Stella & More

Contacts

Location

Getting Around

Walk Score ®
99/100 Walker's Paradise
Transit Score ®
85/100 Excellent Transit
Bike Score ®
86/100 Very Bikeable

Map
Street

City Philadelphia, PA
Neighborhood Society Hill
Zip Code 19147
Market Philadelphia

Points of Interest

2nd Street

0.56 miles
8th & Market

0.77 miles
8th Street

0.79 miles
12th-13th & Locust

0.97 miles
Jefferson Station

1.02 miles
Chinatown

1.06 miles
Eastbound MFL Entrance

1.11 miles
13th Street

1.13 miles
Broad Street Line Entrance

1.23 miles
15th-16th & Locust

1.25 miles

Sunoco

0.90 miles
Blink

1.03 miles
Liberty

1.04 miles
Lukoil

1.28 miles
Shell

1.30 miles
ChargePoint

1.72 miles
D and Js BP Service Station

1.93 miles
A Plus

1.96 miles
EVgo

2.86 miles
J&H Car Charging Station

2.98 miles

New Market Garage

0.08 miles
Abbott Square Parking Garage

0.08 miles
DRWC Parking Lot - Lombard Circle

0.19 miles
Society Hill Towers Parking Garage

0.21 miles
E-Z Park

0.28 miles
The AutoPark at Olde City

0.40 miles
DRWC Walnut Street Parking Lot

0.42 miles
Hopkinson House Garage

0.48 miles
Sky Parking

0.48 miles
Pennsylvania Hospital - Deck 2

0.51 miles

Hilton Philadelphia at Penn's Landing

0.31 miles
Philadelphia Marriott Old City

0.31 miles
Thomas Bond House

0.39 miles
Apple Hostels Philadelphia

0.48 miles
Apple Hostels

0.48 miles
Best Western Plus Independence Park Hotel

0.48 miles
Renaissance Philadelphia Downtown Hotel

0.51 miles
Hotel Monaco Philadelphia, a Kimpton Hotel

0.55 miles
Penn's View Hotel

0.59 miles
The Philadelphia House

0.60 miles

Pizzeria Stella

0.05 miles
South Street Diner

0.06 miles
Bloomsday Cafe

0.06 miles
Xochitl

0.07 miles
Bridget Foy's

0.07 miles
Malbec Argentine Steakhouse

0.08 miles
Nora's Kitchen

0.13 miles
South Street Philly Bagels

0.15 miles
Lorenzo and Sons Pizza

0.16 miles
Neighborhood Ramen

0.16 miles

St. Peter's School

0.18 miles
William M. Meredith School

0.34 miles
Independence Park Institute

0.41 miles
Settlement Music School Mary Louise Curtis Branch

0.44 miles
Saint Philip School

0.44 miles
McCall School

0.44 miles
Nebinger Elementary School

0.59 miles
Vare-Washington Elementary School

0.69 miles
Constitution High School

0.70 miles
Chirstopher Columbus Charter School

0.75 miles

Moonstone Preschool

0.85 miles
Ken Crest Early Learning Center

1.14 miles
Chinatown Learning Center

1.16 miles
Right Steps

1.29 miles
Little Scholars Academy

1.31 miles
Project PLAY

1.42 miles
Totally Tots Inc.

1.74 miles
The Joshua Tree Early Learning Center

1.80 miles
Point Breeze Head Start Center

1.88 miles
Shake Rattle Roll Inc

2.23 miles

Frequently Asked Questions

How much does 128 Lombard Street cost?

The space currently listed for sale at 128 Lombard Street asks for $625,000.

What is the total square footage of 128 Lombard Street?

128 Lombard Street totals 2,441 square feet.

When was this property built?

128 Lombard Street was built in 1800.

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