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Listed by Mikhal Mary • KW Empower
$1,500,000
Est. payment /mo
5,703 Sqft Lot
New
1603-11 N AMERICAN ST Philadelphia, PA 19122
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Olde Kensington
MLS Listing ID PAPH2650514
Year Built 1925
Annual Tax Amount $7,183
Tax Year 2026
Lot Size 5,703 Sqft
Acres 0.13
Lot Dimensions 87.00 x 121.00
Property Sub-Type Other
Source BRIGHT
Property Description
A premier investment opportunity in the heart of Philadelphia's rapidly transforming Olde Kensington neighborhood. This unique offering combines an existing warehouse/flex building with a substantial adjacent development parcel, creating exceptional flexibility for investors, developers, owner users, and value add buyers.
Situated along the thriving American Street Corridor, the property encompasses approximately 10,500+ square feet of land and is zoned ICMX, allowing a broad range of industrial, commercial, mixed use, and redevelopment opportunities by right. Whether your vision is adaptive reuse, a mixed use residential project, creative office, showroom, light industrial, self storage, last mile distribution, or a long term land hold, this property offers the scale and versatility to bring your project to life.
One of the property's most significant advantages is its block to block configuration, extending from North American Street to Philip Street. This rare layout provides dual street frontage, enhanced visibility, improved access, and increased design flexibility for future development.
Philip Street frontage creates the potential for separately addressed buildings or homes, subject to zoning and city approvals.
The through lot configuration creates opportunities for multiple access points, phased development, separate residential or commercial entrances, loading and service access, and more efficient site planning.
Situated along the thriving American Street Corridor, the property encompasses approximately 10,500+ square feet of land and is zoned ICMX, allowing a broad range of industrial, commercial, mixed use, and redevelopment opportunities by right. Whether your vision is adaptive reuse, a mixed use residential project, creative office, showroom, light industrial, self storage, last mile distribution, or a long term land hold, this property offers the scale and versatility to bring your project to life.
One of the property's most significant advantages is its block to block configuration, extending from North American Street to Philip Street. This rare layout provides dual street frontage, enhanced visibility, improved access, and increased design flexibility for future development.
Philip Street frontage creates the potential for separately addressed buildings or homes, subject to zoning and city approvals.
The through lot configuration creates opportunities for multiple access points, phased development, separate residential or commercial entrances, loading and service access, and more efficient site planning.
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning ICMX
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Heat Source Natural Gas
Exterior
Garage Spaces 10.0
Water Access N
Accessibility None
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 884343530
Ownership Fee Simple
Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS
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