MLS® ID: 1000193076

847 N 3RD ST

Philadelphia, Pennsylvania, 19123

$1,300,000 Active
  • 6000 SQFT
This is one of the last remaining buildings for redevelopment in the heart of Northern Liberties. Surrounded on all sides by new construction single family houses, this property is ripe for multifamily development of its upper floors. This iconic building converted from the main office of Ortlieb's Brewery to the Ortlieb's Jazzhaus in 1987 and continued its homage to Northern Liberties' rich beer history. It has been operating as Ortlieb's Lounge since 2012. The Lounge is in its third year of a ten year lease with one five-year option remaining. There is a separate entrance to the upper floors and an easement on the north side of the building to allow for a second means of egress. Plans have been drawn for four residential units upstairs but the Seller has not pursued zoning.
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Listing courtesy of Mallin Panchelli Nadel Realty, Inc

Amenities

  • Zip
    19123
  • Office name
    Mallin Panchelli Nadel Realty, Inc
  • Subdivision
    Northern Liberties
  • SQFT
    6000
  • Property type
    Commercial
  • School district
    THE SCHOOL DISTRICT OF PHILADELPHIA
  • Year built
    1920
  • Lot size
    0.05
  • Tax year
    2018
  • Office ID
    MALLPAN
  • Agent ID
    60030267
  • Agent name
    Veronica Gintel Blum
  • Tax amount
    $ 489500.0
  • Purchase Type
    Active
  • Price Range
    $1.25m-$1.5m
  • Square Feet Range
    5000-7000 sq ft.
  • Acreage Range
    < .5 acres
  • Year Built Range
    1989 (and earlier)

Location

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