Philadelphia, PA 19133,2414-38 & 2440-46 N AMERICAN ST
Philadelphia, PA 19133,2414-38 & 2440-46 N AMERICAN ST
Philadelphia, PA 19133,2414-38 & 2440-46 N AMERICAN ST
Philadelphia, PA 19133,2414-38 & 2440-46 N AMERICAN ST
Philadelphia, PA 19133,2414-38 & 2440-46 N AMERICAN ST
Philadelphia, PA 19133,2414-38 & 2440-46 N AMERICAN ST
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$2,540,000

$3,000,000

15.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

26,880 SqFt


SOLD DATE : 06/10/2024

Key Details

Sold Price $2,540,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 26,880 sqft

Price per Sqft $94

Subdivision West Kensington

MLS Listing ID PAPH2270124

Sold Date 06/10/24

Originating Board BRIGHT

Year Built 1912

Annual Tax Amount $4,461

Tax Year 2023

Lot Size 0.764 Acres

Acres 0.76

Lot Dimensions 295.00 x 113.00

Property Description

MQA is pleased to exclusively present 2414-38 N American St. & 2440-46 N American St. FANTASTIC DEVELOPMENT SITE in the growing North American Street Corridor. The property sits within multiple incentive zones including QUALIFIED OPPORTUNITY ZONE and the City of Philadelphia’s American Street Empowerment Zone (ASEZ). The property holds a valid and active license to operate as a warehouse or an artist studio. Other possible uses public storage, car wash, research and development, amongst other light Industrial. 100% ALLOWABLE LOT COVERAGE. These two separately deeded parcels are being sold together as a package. The property consists of a two-story corner warehouse and a spacious vacant lot. Currently, the warehouse is generating $60,900 in annual rental earnings from five existing tenants. For enhanced security, the building is equipped with an alarm system and state of the art fire suppression system. 2414-38 N American St. & 2440-46 N American St. has a total lot size of both parcels is 33,275 SQ FT. Rapidly expanding West Kensington. Just moments to MFL Frankford TC to 69th St TC at the York Dauphin Station - MFL stop. Nearby parks include Fairhill Square, Fotterall Square, and Palmer Park. Drive by and make an offer!!!

Location

State PA

County Philadelphia

Area 19133 (19133)

Zoning ICMX , OZ

Interior

Hot Water Other

Heating Other

Cooling Other

Heat Source Other

Exterior

Waterfront N

Water Access N

View Street

Street Surface Black Top

Accessibility None

Parking Type None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 885900437

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Financing Cash,Conventional,Other

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Maria Maria Quattrone Quattrone • RE/MAX @ HOME
Bought with Julian L Orsuto • BHHS Fox & Roach-Center City Walnut
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