311 N 3rd St - Warehouse FOR SALE


Philadelphia, PA 19106- Old City
$1,562,000 USD
267-515-1205
311 N 3rd St, Philadelphia, PA for Sale
$1,562,000 USD
Warehouse - FOR SALE
1/13
null | Request Cap Rate

311 N 3rd St
Philadelphia, PA 19106
Old City


HIGHLIGHTS

  • Prime Old City Location

OVERVIEW

Mosaic Brokerage Group is pleased to present the exclusive opportunity to acquire 311 North 3rd Street, a well- maintained and architecturally rich building located in the heart of Old City, Philadelphia. This vacant, mixed-use asset offers an ideal footprint for adaptive reuse, redevelopment, or investment. Encompassing approximately 7,100 square feet across five floors, plus a full basement, the property sits on a 1,609 SF lot and stretches 90 feet deep. With 18 feet of frontage on both North 3rd and North Bodine Streets, the building benefits from abundant natural light from the east and west elevations—an uncommon and desirable feature in urban structures of this kind. Currently configured with a functional freight elevator, the building supports flexible commercial or residential uses and facilitates vertical movement of goods or build-out materials—especially beneficial for a multi-floor retail, office, or live-work concept. Zoned CMX-3, the property is perfectly positioned for a condominium conversion, apartment redevelopment, or mixed-use repositioning. The ground floor is retail-ready, offering excellent visibility and foot traffic, while the upper floors and basement provide significant value-add potential for residential or creative commercial space. Throughout the property, original character blends seamlessly with modern upgrades, preserving key architectural details such as large industrial-style windows, high ceilings, and solid construction. The building has been consistently maintained, presenting a clean slate for developers or owner-users to bring their vision to life. Surrounded by a mix of historic properties and new construction, and just steps from cafes, galleries, and transit, 311 North 3rd Street offers a rare opportunity to own and transform a legacy building in one of Philadelphia’s most sought- after neighborhoods.

FOR SALE DETAILS

PRICE

$1,562,000 USD

PRICE/SF

$220 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

5

YEAR BUILT

1920

UTILITIES

Water - City, Sewer - City, Heating - Oil (Steam)

CLEAR CEILING HT

12.833333333333334 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04

LAND SF

1,609

ZONING

CMX-3

APN/PARCEL ID

884450111

ASK ABOUT THIS PROPERTY

Keith BurkeMosaic Brokerage Group CommercialMore Info
267-515-1205

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Keith BurkeMosaic Brokerage Group CommercialMore Info
267-515-1205

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