100-102 W Gale St + 101 W Clarkson +5500 FOR SALE


Philadelphia, PA - Olney
$1,050,000 USD
917-440-7217
, Philadelphia, PA for Sale
$1,050,000 USD
FOR SALE
1/11
null | 11.31% Cap Rate

100-102 W Gale St + 101 W Clarkson +5500
Philadelphia, PA
Olney


HIGHLIGHTS

  • Assemblage Opportunity – Three adjacent / nearby parcels totaling nearly 1 acre of land in Philadelphia’s 19120 corridor, ideal for mixed-use, multifa
  • Prime Infill Location – High-visibility corner with access to major routes, public transit, and dense residential neighborhoods in the Olney / Upper N
  • Flexible Use Potential – Includes existing flex / warehouse / office space at 100-102 W Gale St plus vacant land at 101 W Clarkson St and 5500-5502 N

OVERVIEW

Property Portfolio Offering: 100-102 W Gale St • 101 W Clarkson St • 5500-5502 N Front St Philadelphia, PA 19120 (Olney / Upper North Philadelphia Area) Executive Summary We are pleased to present a rare opportunity to acquire a well-positioned, multi-parcel real estate portfolio in Philadelphia’s 19120 corridor. This offering consists of three (3) contiguous / nearby properties: 100-102 W Gale St, 101 W Clarkson St, and 5500-5502 N Front St. Together, they offer the scale, site control, and redevelopment optionality that are hard to find in this submarket. This portfolio is ideal for investors, owner-users, or developers looking to consolidate land, capture upside through repositioning, or implement value-add strategies in a growing, transit-oriented, and infill corridor. Property Highlights & Key Strengths 100-102 W Gale St • Known as the “Olney Flex Property” — flexible use zoning. • Approximately ~3,600 SF of available space for lease, marketed as a flex / light industrial / office product. • High-visibility corner location with strong frontage and exposure to passing traffic. • Proximity to major brands and amenities: national chains like McDonald’s, Planet Fitness, ShopRite. • Strategically positioned in the Olney node, offering access to transit and local business corridors. • Opportunity for repositioning, densification, or conversion, depending on zoning allowances. 101 W Clarkson St + 5500-5502 N Front St • Offered together as land parcels of ~0.92 acres total. • Each parcel is approximately 0.46 acres. • Asking price (as of the listing) for both parcels: $1,200,000 • Raw land presents a blank canvas for redevelopment — ideal for multifamily, mixed-use, townhomes, or associated ancillary uses within a unified development plan. • These parcels provide the expansion or “assemblage potential” for a larger project when combined with adjacent holdings (e.g. Gale St site). • Fronts N Front St, which is a corridor street, providing good access and visibility. Portfolio-Level Advantages • Scale: Together, the three parcels provide significant land area and flexibility. • Control and optionality: Owning multiple adjacent parcels reduces fragmentation risk and offers design freedom. • Value creation potential: Upside through rezoning, densification, or redevelopment — ideal for an investor with vision. • Location in 19120 (Olney / Upper North): This submarket is seeing growing interest due to affordability relative to Center City, access to transit, and redevelopment momentum. • Transit and connectivity: The area is served by city bus, proximity to major thoroughfares, and access to connecting neighborhoods. • Visibility / traffic exposure (especially for Gale St parcel) ensures potential for commercial frontage uses or signage value. Market Context & Submarket Dynamics • The 19120 zip code (Olney and surrounding) remains an active investment corridor with moderate density, good transportation infrastructure, and growing demand for infill and mixed-use projects. • Recent land listings in the area (including the 101 Clarkson + Front St combo) reflect prices consistent with redevelopment expectations. • The Gale St parcel’s positioning along a high-traffic stretch with retail nodes nearby enhances its appeal to tenants or ground-level commercial users. • The satellite parcels on Front / Clarkson help capture additional site depth, buffer zones, and assembly control, which many developers prefer. • Offering price: $1,200,000 —based on a blended value of income potential, land replacement cost, and projected development value.

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Freddy HalFRG Realty Group LLCMore Info
917-440-7217

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Freddy HalFRG Realty Group LLCMore Info
917-440-7217

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