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1849 E Venango St
Philadelphia, PA 19134
Chocolate Factory Lofts · Multifamily Property For Sale
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12 Units
Investment Highlights
- Compelling Urban Location
- Extensively Renovated
- 16 Creative Offices
Executive Summary
1849 E. Venango Street, also known as The Chocolate Factory, is a mixed-use property with 11,513 sf of rentable area. The Property is a three-story former three-story industrial manufacturing facility developed in 1923 that was extensively renovated and converted into its current use in 2022. The property comprises 12 apartment units (all 1-bedroom, averaging 722 SF) and 16 creative offices which are between 150-200 square feet each.
The Harrowgate 8 represents a compelling investment opportunity to acquire scale with value enhancement potential in a transforming neighborhood at a significant discount to replacement cost. Investors may bid on one asset, multiple assets or the entire portfolio.
The Harrowgate 8 represents a compelling investment opportunity to acquire scale with value enhancement potential in a transforming neighborhood at a significant discount to replacement cost. Investors may bid on one asset, multiple assets or the entire portfolio.
Property Facts
| Sale Type | Investment | Building Class | B |
| No. Units | 12 | Building Size | 8,663 SF |
| Property Type | Multifamily | Average Occupancy | 83% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1923/2022 |
| Zoning | IRMX | ||
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Building Size | 8,663 SF |
| Average Occupancy | 83% |
| No. Stories | 3 |
| Year Built/Renovated | 1923/2022 |
| Zoning | IRMX |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Heating
- Kitchen
- Vaulted Ceiling
- Refrigerator
- Oven
- Stainless Steel Appliances
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Key Fob Entry
- Smoke Detector
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