UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2458922
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $2,897
Tax Year 2024
Lot Size 1.397 Acres
Acres 1.4
Lot Dimensions 500.00 x 121.75
Property Sub-Type Industrial
Property Description
The first parcel, 2401-11 N American St, is a 12,175 sqft vacant corner lot with excellent visibility and accessibility, ideal for industrial, commercial, or mixed-use development. Adjacent to it, 2413-23 N American St features a 5-story industrial warehouse with additional floors below grade, totaling 115,000+ sqft of internal space. Situated on a 22,960 sqft parcel, the 19,000 sqft building footprint includes 2 freight elevators, 2 stairwells, and 3 loading docks, making it highly functional for warehousing, manufacturing, or creative workspaces. Completing the assemblage, 2425-39 N American St further expands the footprint, offering additional development flexibility. Zoned ICMX (Industrial Commercial Mixed-Use), the entire block is primed for transformation, whether for redevelopment, adaptive reuse, or continued industrial use.
Additionally, the property offers a short-term leaseback option with flexible terms, providing an opportunity for immediate cash flow while development plans are finalized. With excellent proximity to major transportation routes and a surge of new development in the surrounding area, this is a prime investment opportunity in a highly sought-after corridor.
Location
State PA
County Philadelphia
Area 19133 (19133)
Zoning ICMX
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Garage Spaces 53.0
Water Access N
Roof Type Pitched
Accessibility None
Total Parking Spaces 53
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 885935280
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Joseph Asterino
Broker Associate | License ID: AB066344
Broker Associate License ID: AB066344