Prime Mixed-Use Investment Opportunity on Kensington AveDiscover 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 frameworkideal 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 outcontact the listing agent today for a showing!
MLS # | PAPH2440498 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active-bright |
Year | 1915 |
Days On Site | 156 |
Listing Provided By | Coldwell Banker Hearthside | Matthew White |
Story(s) | 3 |
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Units | 1 |
Zoning | CMX25 |
Acreage | 0.03 |
Cooling | Central A/C |
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Heating Yes / No | Yes |
Heating | Forced Air |
Construction Materials | Masonry |
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Foundation Details | Stone |
Garage Yes / No | No |
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Sewer | Public Sewer |
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Tax Year | 2024 |
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Tax Annual Amount | 2410 |
Tax Lot | 207 |
State | PA |
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County | PHILADELPHIA PA |
City | PHILADELPHIA |
Zip Code | 19134 |
Area | 19134 (19134) |
School District | PHILADELPHIA CITY |
Listing VS Median (in 19134) | |
Price: $399,000 low | high Med: $150,000 On site: 156 low | high Med: 183.000000 |