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1617 N 2nd St 21,000 SF 100% Leased Retail Building Philadelphia, PA 19122 $2,700,000 ($128.57/SF)

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INVESTMENT HIGHLIGHTS

  • Entitled Overbuild
  • Mixed-use Opportunity
  • Perfect opportunity for an investor with a vision to step in to as a mixed-use development project.
  • Great Location
  • In the vibrant neighborhood of Olde Kensington.

EXECUTIVE SUMMARY

We are pleased to present the exclusive sale of an opportunity to be a part of an exciting, larger-scale project in the vibrant neighborhood of Olde Kensington. This offering features a prime two-story warehouse with an approved overbuild plan for 8 bi-level residential units, blending residential and commercial uses in a thriving area. This building is already entitled for the uses and the overbuild making this is perfect opportunity for an investor with a vision to step in to as a mixed-use development project.

ATTACHMENTS

Warehouse

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
21,000 SF
Building Class
B
Year Built/Renovated
1928/2000
Price
$2,700,000
Price Per SF
$128.57
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
0.36
Lot Size
1.33 AC
Opportunity Zone
Yes
Zoning
C2, Philadelphia - Community Commercial Zone
Frontage
250’ on 2nd St

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Arts, Entertainment, and Recreation
  • -
  • $12.00
  • Triple Net
  • -

BAMN Fitness is a gym offering the necessary tools for powerlifting, olympic lifting, body building, recreational weightlifting and general fitness. Break through your limits with our 50 feet of AstroTurf. Although we don't carry traditional cardio machines, we offer alternative cardio equipment in our turf room but will continuously expand based on our members’ needs. BAMN Fitness is a home to our members. We strive to foster a positive, friendly, and motivational atmosphere where you can work out to your fullest potential. We were formed specifically for those tired of the exhausting fees, contracts, rules, and cold atmosphere of commercial gyms. BAMN Fitness is a family, a network, of supportive friendships between people from all different backgrounds who share the unique drive to become stronger, healthier, and more confident. The BAMN Fit Family would love to meet you, and we welcome you to workout with us today...By Any Means Necessary!

  • Arts, Entertainment, and Recreation
  • -
  • -
  • -
  • -

Fusion offers fun and exciting fitness classes for families in the Philadelphia area, with a focus in tumbling and pre-k gymnastics. We offer over 25 weekly recreational classes and host open gym time, birthday parties, seasonal events and workshops year round! Fusion provides a safe, accessible and affordable environment for families in the community and aims to reflect the diversity and passion of the city of Philadelphia.

  • Real Estate
  • -
  • -
  • -
  • -

Offering you the best Rental Properties Right in the heart of Philadelphia

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Arts, Entertainment, and Recreation - $12.00 Triple Net -
Arts, Entertainment, and Recreation - - - -
Real Estate - - - -
Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (74)
Bike Score®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

CrossFit
Starbucks
Chase Bank
Citizens Bank
WSFS Bank
Orangetheory Fitness
[solidcore]
ACME
Grocery Outlet
Truist

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
881000124
Land Assessment
$150,315
Improvements Assessment
$851,785
Total Assessment
$1,002,100
  • Listing ID: 35349145

  • Date on Market: 4/2/2025

  • Last Updated:

  • Address: 1617 N 2nd St, Philadelphia, PA 19122

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