1023 W Erie Ave

24,240 SF Retail Building Philadelphia, PA 19140 For Sale

Investment Highlights

  • 3.3 acre lot for abundant parking
  • located in downtown Philadelphia
  • 2 access points
  • Industrial zoning

Executive Summary

3.3 acres of land with a 25,000 sf former supermarket in shell condition. Can accommodate a building of up to 500,000 sf and FAR of 500% under the current zoning.
Located 0.3 miles from the Erie subway station and near Temple University Hospital, Huntington Park, and The Lenfest center. Ideal location for warehousing, grocer, department store, public storage, convenience/gas, medical offices and many other uses.

Property Facts

Sale Type
Owner User
Sale Conditions
Lease Option
Property Type
Retail
Property Subtype
Supermarket
Building Size
24,240 SF
Building Class
C
Year Built
1930
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
3.30 AC
Zoning
I2 - I-2 zoning
Frontage
116 FT on W Erie Ave

About 1023 W Erie Ave , Philadelphia, PA 19140

24,000 former supermarket on 3.3 AC for sale. Abundant room for parking and access on both West Erie Avenue and West Luzerne Street. Ideal location for grocer, department store, public storage, convenience/gas, medical office and many more uses. Industrial zoning permits warehouse, distribution, and manufacturing.

Walk Score®
Very Walkable (71)
Transit Score®
Excellent Transit (79)

Nearby Major Retailers

Citizens Bank
Philly Pretzel Factory
PNC Bank
Starbucks
Rent-A-Center

PROPERTY TAXES

  • Listing ID: 30304894

  • Date on Market: 2/6/2020

  • Last Updated:

  • Address: 1023 W Erie Ave, Philadelphia, PA 19140