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Buena Vista Plaza 166 W Lehigh Ave 25,300 SF Office Building Philadelphia, PA 19133 $3,407,760 CAD ($134.69 CAD/SF)
Investment Highlights
- Seller offering 75% owner financing, enhancing investment feasibility.
- Situated near major redevelopment areas and residential growth corridors in North Philadelphia East.
- Quick access to I-95, regional rail stations, and Philadelphia International Airport in under 25 minutes.
Executive Summary
Situated in North Philadelphia East, this five-story office property offers a unique owner-user or investor opportunity in a neighborhood experiencing sustained revitalization. Located along Lehigh Avenue near 2nd Street, it provides excellent connectivity to the Market-Frankford Subway Line within a short walk and immediate access to major thoroughfares linking to Center City and regional destinations. This property benefits from its proximity to dense residential districts and redevelopment projects that continue to transform the area into a thriving urban environment.
The structure is a great redevelopment opportunity. With the seller willing to carry 75% financing, this deal significantly lowers barriers to acquisition, making it an attractive candidate for buyers seeking flexible financing terms and long-term upside.
The structure is a great redevelopment opportunity. With the seller willing to carry 75% financing, this deal significantly lowers barriers to acquisition, making it an attractive candidate for buyers seeking flexible financing terms and long-term upside.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
25,300 SF
Building Class
C
Year Built/Renovated
1903/2001
Price
$3,407,760 CAD
Price Per SF
$134.69 CAD
Tenancy
Single
Building Height
5 Stories
Typical Floor Size
5,060 SF
Building FAR
2.32
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
G-2
Amenities
- Bus Line
- Controlled Access
- Fenced Lot
- Air Conditioning
Exceptionally walkable
90/100
Fairly drivable
40/100
Strong public transit
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 883548400 | Improvements Assessment | $2,241,852 CAD |
| Land Assessment | $1,028,462 CAD | Total Assessment | $3,270,314 CAD |
Property Taxes
Parcel Number
883548400
Land Assessment
$1,028,462 CAD
Improvements Assessment
$2,241,852 CAD
Total Assessment
$3,270,314 CAD
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Presented by
Hoffman Business Services
Buena Vista Plaza | 166 W Lehigh Ave
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