Investments Sales Management

2414-38 & 2440-46 N AMERICAN STREET

PHILADELPHIA , PA 19133

MLS#: PAPH2270124

$3,000,000

Status: Closed
Listing number: PAPH2270124
Listing provided by: RE/MAX @ HOME
Listing agent phone: None
Last update: 1 year, 1 month ago
On site: 1 year, 11 months ago
Browse Properties
WEST KENSINGTON - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1912

Sq.Footage

N/A

MQA is pleased to exclusively present 2414-38 N American St. & 2440-46 N American St. FANTASTIC DEVELOPMENT SITE in the growing North American Street Corridor. The property sits within multiple incentive zones including QUALIFIED OPPORTUNITY ZONE and the City of Philadelphia’s American Street Empowerment Zone (ASEZ). The property holds a valid and active license to operate as a warehouse or an artist studio. Other possible uses public storage, car wash, research and development, amongst other light Industrial. 100% ALLOWABLE LOT COVERAGE. These two separately deeded parcels are being sold together as a package. The property consists of a two-story corner warehouse and a spacious vacant lot. Currently, the warehouse is generating $60,900 in annual rental earnings from five existing tenants. For enhanced security, the building is equipped with an alarm system and state of the art fire suppression system. 2414-38 N American St. & 2440-46 N American St. has a total lot size of both parcels is 33,275 SQ FT. Rapidly expanding West Kensington. Just moments to MFL Frankford TC to 69th St TC at the York Dauphin Station - MFL stop. Nearby parks include Fairhill Square, Fotterall Square, and Palmer Park. Drive by and make an offer!!!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Other

  • Heating YN

    YES

  • Heating

    Other

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

  • View

    Street

Area & Lot

  • Lot Size(acres)

    0.76

  • Property Type

    Commercial Sale

  • Property Sub Type

    Industrial

Price

  • Sales Price

    $3,000,000

  • Tax Amount

    4461.0

  • Zoning

    OPPORTUNITY ZONE and the City of Philadelphia’s American Street Empowerment Zone (ASEZ)

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Sewer

    Public Sewer

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Listing Courtesy of Maria Maria Quattrone Quattrone , RE/MAX @ HOME

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Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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MQA is pleased to exclusively present 2414-38 N American St. & 2440-46 N American St. FANTASTIC DEVELOPMENT SITE in the growing North American Street Corridor. The property sits within multiple incentive zones including QUALIFIED OPPORTUNITY ZONE and the City of Philadelphia’s American Street Empowerment Zone (ASEZ). The property holds a valid and active license to operate as a warehouse or an artist studio. Other possible uses public storage, car wash, research and development, amongst other light Industrial. 100% ALLOWABLE LOT COVERAGE. These two separately deeded parcels are being sold together as a package. The property consists of a two-story corner warehouse and a spacious vacant lot. Currently, the warehouse is generating $60,900 in annual rental earnings from five existing tenants. For enhanced security, the building is equipped with an alarm system and state of the art fire suppression system. 2414-38 N American St. & 2440-46 N American St. has a total lot size of both parcels is 33,275 SQ FT. Rapidly expanding West Kensington. Just moments to MFL Frankford TC to 69th St TC at the York Dauphin Station - MFL stop. Nearby parks include Fairhill Square, Fotterall Square, and Palmer Park. Drive by and make an offer!!!

2414-38 & 2440-46 N AMERICAN STREET

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