2124 E Arizona St, Philadelphia, PA 19125

$1,525,000

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List Price
$1,525,000
Days on Market
130
Status
ACTIVE UNDER CONTRACT
MLS#
PAPH2610100
Lot Size (Acres)
0.16
Year Built
1875
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

Rare opportunity in the heart of Fishtown, one of Philadelphia’s most desirable and rapidly evolving neighborhoods. This unique offering includes three contiguous parcels (2124 ( Street to Street Lot), 2126, and 2128–2132 E. Arizona Avenue ( Two Buildings) being sold together as a package. Two of the parcels (2124 lot and 2128–32 building) extend street-to-street, providing exceptional flexibility for access and future development potential. The property is zoned ICMX, allowing for a wide range of commercial and mixed-use applications. The site includes a ±5,667 square foot bi-level warehouse (2128–32) currently occupied by two tenants. The first-floor tenant pays $5,395/month and occupies the main warehouse space with access to the additional lots.The first floor tenant is vacating the premises in July The second-floor tenant pays $1,950/month on a month-to-month lease. Located just off Frankford Avenue, this property is steps from the Market–Frankford Line (EL) and surrounded by premier neighborhood amenities including Shake Shack, La Colombe, City Fitness, Wm. Mulherin’s, and Palmer Park. Fishtown is widely recognized for its strong residential growth, acclaimed dining scene, creative culture, and continued development activity. Opportunities of this scale and configuration are increasingly rare in this tightly held submarket. Property is being sold as a package only and includes one existing warehouse and two additional lots. Ideal for investors, developers, or end users seeking long-term upside in a prime Philadelphia location. Ceiling height is 18 feet high, and the garage door is 14 ft x 26 ft.

Additional Information

Area
19125 (19125)
Taxes
$15297
School District
The School District Of Philadelphia
Heating
Other
Heating Fuel
Other
Cooling
None
Water
Public
Sewer
Public Sewer

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Listing courtesy of KW Empower. Contact: vicki@kwempower.com