1314-16 N BROAD ST Philadelphia, PA 19121

$5,500,000
1314-16 N BROAD ST, Philadelphia, PA 19121

Commercial Property for sale in Philadelphia, PA

for $5,500,000. This 53,667 square foot building was built in 1917 on a lot size of 0.34 Acre(s).

Property Information

  • $5,500,000
  • Commercial
  • 53,667 Square Feet
  • Taxes are $81,211
  • Other / Unknown
  • Active
  • Lot size of 0.34 Acre(s)
  • Built in 1917
  • Philadelphia, PA
  • Philadelphia County
  • MLS/Web ID is 6826897
  • Just Listed

Description

Own a piece of Philadelphia history, the Legendary Blue Horizon, world renown for its boxing facility, is currently on the market for sale. This facility was originally built in 1865 and has been the host of the movies such as the Rocky V, Annapolis series and commercials. The facility contains approximately 41, 440 SF of gross building area. The main auditorium seats 1500 +/- for events (boxing matches and extreme fighting). The street level auditorium seats approximately 800 or can be utilized has a restaurant. Renovations are needed for the 4th & 5th floors. A new boiler was installed in 2003 and new roof 2007. The property is zoned C2 and can be utilized as an entertainment venue, bank, school, office building, restaurant/caf~, the possibilities are endless. The name "The Legendary Blue Horizon" is a trademark and is not included in the sale price. Be a part of the re-birth of North Broad Street's Avenue of the Arts and its continued growth along North Broad Street.

Interior 3

Heating System

  • Hot Water Heater: Electric

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 3

Exterior

  • Other

Foundation

  • Concrete

Lot Description

  • Level/Flat

Miscellaneous 1

Commercial

  • Sale Includes Building

† Excluded Feature

Neighborhood & Schools

School District: Philadelphia

 See complete school information

Listed By

Listing Agent: Carleen Mossett
Broker: Weichert Realtors
Office: Plymouth Meeting
Phone: (215) 896-5914

1314-16 N BROAD ST, Philadelphia, PA, 19121 is a Commercial Property for sale at $5,500,000 with 53,667 sqft and a lot size of 0.34 Acre(s). 1314-16 N BROAD ST was built in 1917. The property's zip code is 19121 which is in Philadelphia, PA

Market Pricing

Average % of sale price Median % of sale price
All listings in Philadelphia $428,928 92 % below $279,000 95 % below
Commerical listings in Philadelphia $583,001 89 % below $349,000 94 % below
Sold listings in Philadelphia $157,550 97 % below $135,000 98 % below

Get the facts about Philadelphia, PA!

Population 1,543,884
Population Growth (since 2000) 2 %
Median Income $37,149
Median Age 33.2
Households w/ Children 32 %

Residential Dwellings

  • Owned 329431
  • Vacant 47369
  • Rented 295919

Similar Listings