Mixed Use offering in prime Newbold South Philly. Adjacent to 'Second District Brewing' and numerous south Philly businesses, this warehouse property is ready for an owner-user or investor. The property is now totally vacant. First floor last used as an auto body & auto repair business. Substantial FF&E worth thousands is included in this sale in as is where is condition. An owner-user can have a turn key auto repair business day one. The Bancroft warehouse features left and right drive in garages, 12ft ceilings, managers office, bathrooms on all floors, 3 times separated electric & gas, two water meters, concrete slab foundation and separate 2nd floor entrance. The second floor was last used for a recording studio and music venue. This space has two baths and a small stage. The Bancroft warehouse has substantial redevelopment potential and adding another floor would give huge opportunity for residential rentals with a commercial ground floor. The potential uses are long and offer solid investment potential as this area continues to grow. All due diligence is the buyers responsibility. The sale is as is where is condition. Seller makes no warranties or guarantees. Worth a look for the savvy buyer ready for redevelopment potential! 2022-09-28
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