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Prime Mixed-Use Investment Opportunity on Kensington Ave Discover the potential of this expansive mixed-use property in a high-traffic corridor on Kensington Ave. This double-lot building offers flexible retail and residential possibilities, with space for one or two retail storefronts and two residential rehab opportunities. Currently configured for retail use, the property features three floors of shelving for inventory, soaring ceilings with an industrial aesthetic, and a structurally sound framework"”ideal for adaptive reuse. Zoned for commercial or residential development, it presents a rare opportunity to create a three-story income-producing asset. Strategically located just steps from Allegheny Station, tenants and customers will enjoy seamless access to public transportation. The property is also conveniently less than five minutes from I-95, making it a prime spot for businesses and residents alike. Recent upgrades include a new HVAC system (installed five years ago) and a silver-coated roof (2024). This is an excellent opportunity for landlords, developers, seasoned investors, and business owners looking to capitalize on a thriving area. Don't miss out"”contact the listing agent today for a showing!
| DAYS ON MARKET | 54 | LAST UPDATED | 3/28/2025 |
|---|---|---|---|
| YEAR BUILT | 1915 | COMMUNITY | 19134 (19134) |
| COUNTY | PHILADELPHIA | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | PHILADELPHIA CITY |
|---|
| PRICE HISTORY | |
| Prior to Mar 28, '25 | $469,000 |
|---|---|
| Mar 28, '25 - Today | $439,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | 19134 (19134) |
| HEAT | Forced Air, Natural Gas |
| LOT | 1307 sq ft |
| LOT DIMENSIONS | 16.00 x 71.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| STORIES | 3 |
| TAXES | 2410 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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