Rare Opportunity in Prime Location: This rarely offered corner property at the signalized intersection of North 9th and Spring Garden Street is now available for sale. Adjacent to the Rail Park, a 3-mile greenway and pedestrian space, this 17,950 square foot single-story warehouse is stationed on a 22,851-square-foot lot. Zoned IRMX, the property is perfectly situated for an owner-user, investor, or developer. The existing building provides substantial retail exposure along Spring Garden Street and extensive office, warehouse, and flexible space along North 9th Street.
Development Potential and Existing Lease: The property comes with a conceptual massing plan per zoning code, allowing for 128 units over 5 stories by-right, making it an excellent investment opportunity. Located in the rapidly developing Spring Garden corridor, which features over $1 billion in new projects, this area is transforming with thousands of new apartments, offices, and retail offerings. An existing lease is in place, providing immediate income potential. For more details, please inquire.