UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $156
MLS Listing ID PAPH2440498
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $2,410
Tax Year 2024
Lot Size 1,141 Sqft
Acres 0.03
Lot Dimensions 16.00 x 71.00
Property Sub-Type Retail
Property Description
Discover the potential of this expansive mixed-use property in a high-traffic corridor on Kensington Ave. This double-lot building offers flexible retail and residential possibilities, with space for one or two retail storefronts and two residential rehab opportunities. Currently configured for retail use, the property features three floors of shelving for inventory, soaring ceilings with an industrial aesthetic, and a structurally sound framework—ideal for adaptive reuse. Zoned for commercial or residential development, it presents a rare opportunity to create a three-story income-producing asset. Strategically located just steps from Allegheny Station, tenants and customers will enjoy seamless access to public transportation. The property is also conveniently less than five minutes from I-95, making it a prime spot for businesses and residents alike. Recent upgrades include a new HVAC system (installed five years ago) and a silver-coated roof (2024). This is an excellent opportunity for landlords, developers, seasoned investors, and business owners looking to capitalize on a thriving area. Don't miss out—contact the listing agent today for a showing!
Location
State PA
County Philadelphia
Area 19134 (19134)
Zoning CMX25
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Inclusions Office Safes, Store counters, and shelves
Heat Source Natural Gas
Exterior
Water Access N
Accessibility Level Entry - Main
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871533840
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "
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