2335-53 N 7th St,PHILADELPHIA, PA 19133
PHILADELPHIA, PA 19133
Description
We are pleased to present the opportunity to acquire 2335-53 N 7th Street, a flexible commercial property located in the rapidly growing Kensington neighborhood of Philadelphia. This property offers a versatile investment opportunity, ideal for both industrial end-users and land banking developers. The site includes a 30,550 SF 3-story building with 29,420 SF of industrial warehouse space, featuring high ceilings, flexible column spacing, and multiple loading bays. This asset is located on 29,577 SF lot with 10,497 SF of vacant land, providing potential for expansion. From a development standpoint the CMX-2 Commercial zoning designation allows developers to construct 64 residential units by right, with the possibility of expanding to 86 units using density bonuses. The conceptual development plan includes one-bedroom units ranging from 550 to 626 SF, and 32 parking spaces.Strategically positioned in a neighborhood undergoing significant revitalization, the property benefits from its proximity to popular destinations like Fishtown and Northern Liberties, as well as major transportation routes including Interstate-95 and the SEPTA Market-Frankford Line. This property represents an excellent opportunity to capitalize on both the existing warehouse infrastructure and the development potential within a rapidly appreciating market, making it an attractive option for industrial users, developers, and investors alike.
Details
| MLS # | PAPH2454624 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1962 |
| Days On Site | 100 |
| Listing Provided By | Trophy Commercial Real Estate LLC | Saam Tashayyod |
Features
| Story(s) | 3 |
|---|---|
| Zoning | CMX2 / RM1 |
| Acreage | 28796.00 |
| Property View | City |
Interior
| Cooling | Other |
|---|---|
| Heating Yes / No | Yes |
| Heating | Hot Water |
Exterior
| Roof | Pitched, Wood |
|---|---|
| Construction Materials | Concrete, Frame, Brick, Block |
| Foundation Details | Concrete Perimeter |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Utilities | Water Available, Sewer Available, Natural Gas Available |
|---|
Taxes
| Property | 10200 |
|---|
Market Activity 19133
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19133 |
| Area | 19133 (19133) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in 19133) | |
Price: $1,800,000 low | high Med: $127,450 On site: 100 low | high Med: 102.500000 | |
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