1621 N American St - Warehouse FOR SALE


Philadelphia, PA 19122- Olde Kensington
$1,400,000 USD
267-780-3419
1621 N American St, Philadelphia, PA for Sale
$1,400,000 USD
Warehouse - FOR SALE
1/4
null | Request Cap Rate

NEW


1621 N American St
Philadelphia, PA 19122
Olde Kensington


OVERVIEW

For Sale: Prime Investment on Booming American Street – 1621 N. American St, Philadelphia Own a piece of Philadelphia’s hottest redevelopment corridor! 1621 N. American Street is a fully occupied 6-unit garage property with incredible upside. Sitting on a 6,564 SF lot in ICMX zoning, this site is perfect for investors, developers, or end-users looking to ride the wave of growth transforming Northern Liberties, Fishtown, and Olde Kensington 6 drive-in garage units – 100% tenant occupied 6,564 SF building on 6,564 SF lot ICMX zoning – flexible for industrial, commercial, creative, or redevelopment uses Surrounded by new residential, breweries, and creative commercial projects This is more than a property—it’s a foothold in one of Philly’s fastest-growing neighborhoods. Whether you continue collecting income as-is or reposition for a higher and better use, American Street momentum is undeniable. Steps from Northern Liberties & Fishtown Strong rental demand and redevelopment activity Endless upside for the forward-thinking investor 2024 appraisal at $1,700,000

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$226 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

16 Ft

DOCKS

3

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17

LAND SF

7,361

ZONING

ICMX

APN/PARCEL ID

884590705

ASK ABOUT THIS PROPERTY

Jon O'SheaMcCann CommercialMore Info
267-780-3419

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

Jon O'SheaMcCann CommercialMore Info
267-780-3419

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