2413-2423 N American St - Warehouse FOR SALE


Philadelphia, PA 19133- North Philadelphia East
$10,000,000 USD
267-318-7080
2413-2423 N American St, Philadelphia, PA for Sale
$10,000,000 USD
Warehouse - FOR SALE
1/37
null | Request Cap Rate

2413-2423 N American St
Philadelphia, PA 19133
North Philadelphia East


HIGHLIGHTS

  • Large Industrial Space
  • Storage and Distribution Capabilities
  • Situated along a main transportation artery

OVERVIEW

This rare full-city-block opportunity in a rapidly growing industrial and commercial hub offers prime development potential for investors, developers, or businesses looking to secure a key site in one of Philadelphia’s most active corridors. The first parcel, 2401-11 N American St, is a 12,175 sqft vacant corner lot, perfectly suited for industrial, commercial, or mixed-use development, or alternatively, it could be utilized as surface parking for added convenience. Adjacent to it, 2413-23 N American St features a 5-story industrial warehouse with over 91,000 sqft above grade. 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 adds 25,739 sqft, further expanding the footprint and providing 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.

FOR SALE DETAILS

PRICE

$10,000,000 USD

PRICE/SF

$110 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1917

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

14 Ft

DOCKS

3

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.12

LAND SF

48,787

ZONING

G2, Philadelphia

APN/PARCEL ID

884343790,885935280

ASK ABOUT THIS PROPERTY

Jason KleinmanStamm Development GroupMore Info
267-318-7080

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Jason KleinmanStamm Development GroupMore Info
267-318-7080

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.