1841 E Lehigh Ave E, Philadelphia, PA 19125

$7,000,000

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List Price
$7,000,000
Days on Market
30
Status
ACTIVE
MLS#
PAPH2658826
Year Built
1900
County
Philadelphia
School District
Philadelphia City

Property Description

Rare ±1.87-acre redevelopment opportunity in Philadelphia’s Frankford-Lehigh / East Kensington corridor. 1801–1841 E. Lehigh Avenue consists of two adjacent, separately deeded industrial parcels totaling approximately 81,421 SF of land with approximately 26,979 SF of existing improvements. Current ICMX zoning supports a range of commercial, warehouse, storage, flex-industrial and other compatible uses, subject to buyer verification with Philadelphia L&I. The site offers substantial E. Lehigh Avenue exposure, strong urban infill positioning and multiple potential redevelopment paths. In addition to current industrial/commercial use, the property warrants evaluation for self-storage, warehouse/flex redevelopment and longer-term mixed-use or residential potential subject to zoning relief and all required approvals. Located near the Frankford Avenue redevelopment corridor with significant investment activity nearby, this assemblage may appeal to developers, owner-users, self-storage operators, industrial investors and land investors seeking scale and optionality in a rapidly evolving Philadelphia submarket. Buyer to independently verify zoning, acreage, building area, environmental conditions, permitted uses, development feasibility and all due diligence.

Additional Information

Area
19125 (19125)
Subdivision
Kensington
Taxes
$10660
School District
Philadelphia City
Heating
Other
Heating Fuel
Other
Cooling
Other
Water
Public
Sewer
Public Sewer

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Listing courtesy of Mercury Real Estate Group. Contact: (215) 462-5100