Vacant / Mixed-Use / Office-Retail / Event Space — Sale in Philadelphia, PA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Philadelphia, PA 19125

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Description

Marcus & Millichap is pleased to present 1805 East York Street, a vacant historic commercial property offering approximately 8,274 square feet on an approximately 9,200-square-foot CMX-2-zoned lot in Philadelphia’s evolving Fishtown/East Kensington neighborhood. Originally constructed as a branch of the Western Saving Fund Society, the two-story masonry building offers distinctive historic architecture, approximately 25-foot ceiling heights on the second floor, flexible interior space, and immediate access to the York-Dauphin Market-Frankford Line station. The CMX-2 zoning supports a range of neighborhood commercial and mixed-use concepts, including retail, restaurant, office, creative, and residential uses. Based solely on the underlying lot-area requirement of 480 square feet per dwelling unit, the property may support up to 19 residential units, subject to ground-floor commercial requirements and all zoning, historic, structural, building-code, and governmental approvals. The opportunity is well positioned for an adaptive-reuse developer seeking to preserve a distinctive neighborhood landmark or an owner/user looking to continue participating in the recent investment occurring throughout East Kensington, Fishtown, and the broader River Wards district. Investment Highlights: • 25-foot ceilings on 2nd floor. Historical Building. Tax credits can be utilized with this property. • York-Dauphin Station across the street. 10 minute train ride to City Hall/Center City Station. • 422,507 live within a 3-mile radius of this property. Temple University Hospital 0.5 miles away.

Market Context

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